Bursa Building

Eastern & Oriental Bhd - 3417(E&O)

Eastern & Oriental Bhd - 3417 (E&O)

Eastern & Oriental Bhd lists under Main Market of Bursa Malaysia. It has been classified in the Properties sector. The stock code uses in Bursa Malaysia is "3417" or identify by stock name of "E&O". More information about Eastern & Oriental Bhd can be found in their website (www.easternandoriental.com).

EntitlementEx-DateLodgementPayment
First and Final Dividend 4.25¢08-10-201210-10-201202-11-2012
First & Final 2 cents11-10-201113-10-201103-11-2011
Stock quote also available at Bursa Malaysia, The Star.
 

Eastern & Oriental Berhad (EOB) is listed on the Main-board of Bursa Malaysia. The Company has interests in 3 core business activities; namely hospitality and lifestyle, property development and property investment.

EOB undertook the meticulous refurbishment and upgrading of the heritage Eastern & Oriental Hotel (E&O Hotel) as well as Lone Pine Hotel in the late 1990s. Since it was established by the Sarkies Brothers in 1885, E&O Hotel has charmed travellers from near and far, creating a reputation to match its sister hotels – The Raffles, Singapore and The Strand, Rangoon - also founded by the Sarkies. Lone Pine Hotel is the oldest beach hotel, established in 1948, along Penang Island's famed tourist strip of Batu Ferringhi. There are ongoing efforts to capitalise on the hotel management expertise currently available, and extend this service to enable the Group to eventually manage a portfolio of hotels and resorts within Malaysia as well as around the region.

In 2007, EOB embarked on a new food and beverage (F&B) venture, via the acquisition of a substantial stake in The Delicious Group, which currently operates Delicious restaurants in One Utama, Bangsar Village II and Marc Residence and will soon open another at Dua Annexe (adjacent to Dua Residency), D'lish in Bangsar Village I and Mid Valley Megamall as well as Reunion Chinese Restaurant at Bangsar Village II. With F&B closely linked to lifestyle in the larger mindset, synergies are evident in the strategic positioning of Delicious restaurants in prime urban commercial/retail properties that E&O will retain.

E&O Property Development Berhad (E&OProp) is the property development arm of EOB. Prior to the formation of E&OProp, EOB undertook several prestigious property projects within Kuala Lumpur. Along Jalan Ampang's Embassy Row, EOB completed residential developments such as Sri Se-Ekar and 202 Desa Cahaya (202 DC), whilst at nearby Kampung Warisan, Malaysia's celebrated cartoonist Datuk Lat successfully conceptualised a traditional Malay village ambience within the heart of the capital.

Presently, E&OProp focuses on building premium homes within prime locations of Klang Valley and on Penang Island. E&OProp has recently completed the high-end condominium Dua Residency, located within the vicinity of the Kuala Lumpur City Centre (KLCC) as well as Idamansara, located in Kuala Lumpur's highly prized residential address of Damansara Heights. Seventy Damansara is another one of E&OProp's signature development with 12 exclusive detached homes within a gated and guarded community. On Penang Island, the masterplan seafront development Seri Tanjung Pinang is situated minutes from Millionaires' Row of Gurney Drive, underpinning E&OProp's consistent business strategy of focusing on development in prime areas where demand is prevalent.

The newly-established Property Investment division's core mandate is the acquisition of select landbanks and properties that provides EOB with steady, recurring income flow and opportunities for capital appreciation in the longer term.

Latest News

 
Penang councillor defends Gurney Wharf project - The Sun Daily

The Sun Daily

Penang councillor defends Gurney Wharf project
The Sun Daily
It will be on land to be reclaimed by Tanjung Pinang Development Sdn Bhd (TPD), a subsidiary of developer Eastern and Oriental Berhad (E&O). The masterplan encompasses four district character areas which are the seaside retail, food and beverages area ...

and more »
Sime seen unlocking value via restructuring plan - The Star Online

Sime seen unlocking value via restructuring plan
The Star Online
... Hong Leong Investment Bank (HLIB) valued Sime Darby's property business at RM19.8bil based on the real net asset value (RNAV) of its existing landbank, RM1.55 per share and RM0.18 per warrant for its remaining 10% stake in Eastern & Oriental Bhd.

and more »
Gerakan wants low-cost housing on reclaimed Gurney Drive land - Malay Mail Online

Malay Mail Online

Gerakan wants low-cost housing on reclaimed Gurney Drive land
Malay Mail Online
Tanjung Pinang Development Sdn Bhd (TPD), a subsidiary of Eastern & Oriental Berhad (E&O), is reclaiming land off Tanjung Tokong for Seri Tanjung Pinang Phase Two and will be reclaiming 131 acres off Gurney Drive to be surrendered to the state ...

and more »
Eastern & Oriental says no impact from Brexit - The Star Online

The Star Online

Eastern & Oriental says no impact from Brexit
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) says Britain's exit from the European Union (Brexit) will not have any negative impact on the total net realisable value of its properties in the UK. The property company announced to Bursa Malaysia on ...

and more »
Tham replaces Sime Darby as E & O's largest shareholder - The Star Online

The Star Online

Tham replaces Sime Darby as E & O's largest shareholder
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E & O) group managing director Datuk Seri Terry Tham Ka Hon (pic) has bought 10% equity interest in the company from Sime Darby Bhd for RM327.5mil, raising his stake to 21% to become E & O's single largest ...

and more »
E&O achieves RM1.1 billion new sales; announces senior management changes - New Straits Times Online

New Straits Times Online

E&O achieves RM1.1 billion new sales; announces senior management changes
New Straits Times Online
GEORGE TOWN: Property developer Eastern & Oriental Berhad (E&O) today announced it has recorded new property sales amounting to RM1.1 billion in its 2015/ 2016 financial year, the highest annual sales for the group thus far. “We are highly encouraged ...

and more »
Top 40 richest in Malaysia: 6-10 - The Star Online

Top 40 richest in Malaysia: 6-10
The Star Online
It also took advantage of the slowdown in the economy to hunt for new assets like tile manufacturer Malaysian Mosaics Sdn Bhd from Gek Poh for RM380mil. It is looking to beef up its building material business, which is relatively small compared with ...

and more »
E&O's Seri Tanjung Pinang development bags major industry accolade - New Straits Times Online

New Straits Times Online

E&O's Seri Tanjung Pinang development bags major industry accolade
New Straits Times Online
GEORGE TOWN: Seri Tanjung Pinang (STP), a 97.1 hectare seafront master-planned development by Eastern & Oriental Berhad (E&O), underscored its position as one of Penang island's most desired addresses at the recent The Edge Property Excellence ...

E&O explains RM135mil gap to shareholders - The Star Online

E&O explains RM135mil gap to shareholders
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) explained to shareholders that a RM135mil gap between the targeted and actual cumulative profits for the three financial years (FY) ended March 31, 2014 to 2016, was due to the change in market conditions.

What's next for E&O? - The Star Online

The Star Online

What's next for E&O?
The Star Online
THE last time high-end property developer Eastern & Oriental (E&O) Bhd made the news in a big way was in 2011 when a block of shares in the company was sold to Sime Darby Bhd, at a price that suprised the market. E&O became a hot topic of discussion ...

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