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 gives out jobs worth RM6bil - The Star Online

Penang gives out jobs worth RM6bil
The Star Online
... Mah Sing Group Bhd (RM280mil), DNP Land Sdn Bhd (RM800mil), Wing Tai Malaysia Bhd subsidiary Ideal United Bintang (RM935mil), Tambun Indah Land Bhd (RM616mil), Sunway Bhd (RM290mil), SP Setia Bhd (RM300mil) and Eastern & Oriental Bhd ...

and more »
E&O to own ESCA House in London - The Star Online

New Straits Times Online

E&O to own ESCA House in London
The Star Online
PETALING JAYA: Eastern & Oriental Bhd (E&O) told Bursa Malaysia that via its proposed purchase of a 100% equity interest in Loxley Holdings Management Ltd, it will come to own the 1919-built ESCA House in Bayswater London, which Loxley had earlier ...
E&O plans London buy to boost global growthNew Straits Times Online

all 6 news articles »
E&O gets SC nod to issue RM500m PDS - New Straits Times Online

E&O gets SC nod to issue RM500m PDS
New Straits Times Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) has obtained approval from the Securities Commission (SC) via a letter received on October 31, 2014 to issue up to RM500 million in nominal value of private debt securities (PDS). In a statement today, E&O ...
E&O's RM500mil debt note proposal gets SC nodThe Star Online
E&O gets SC approval for up to RM500m debt notesThe Sun Daily

all 8 news articles »
Eastern & Oriental resumes upward trend - The Star Online

Eastern & Oriental resumes upward trend
The Star Online
KUALA LUMPUR: Shares of Eastern and Oriental Bhd (E&O) resumed their upward trend to a high of RM2.92 on Thursday as analysts were upbeat about its property projects especially in Penang. At 3.55pm, it was up 19 sen to RM2.92. Turnover was 5.05 ...

and more »
Eastern & Oriental proposes bonus issue, warrants, RM500m debt notes - The Star Online

Eastern & Oriental proposes bonus issue, warrants, RM500m debt notes
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd has proposed a corporate exercise involving a bonus issue, free warrants and the issuance of up to RM500mil in nominal value of private debt securities (PDS). It had on Friday proposed a bonus issue of up to ...

Defence Ministry's inaction halts repairs on heritage hotel - The Malaysian Insider

The Malaysian Insider

Defence Ministry's inaction halts repairs on heritage hotel
The Malaysian Insider
The building was built around 1921 and developed as a hotel to compete with the nearby Eastern and Oriental Hotel. It was originally home to the founder of Singapore, Sir Stamford Raffles. He and his family lived in a brick bungalow named Runnymede ...

Eastern and Oriental targets RM1.2b sales - The Star Online

Eastern and Oriental targets RM1.2b sales
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) is targeting to boost its FY15 sales to RM1.2bil, of which London would contribute RM280mil, Penang RM380mil, the Klang Valley RM60mil and Johor RM480mil, says CIMB Equities Research. It said on ...

Eastern & Oriental Q1 earnings at RM18.96m - The Star Online

Eastern & Oriental Q1 earnings at RM18.96m
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd's earnings fell 19.3% to RM18.96mil in the first quarter ended June 30, 2014 from RM27.22mil a year ago due to higher operating expenses and lower contribution from its joint venture. The lifestyle property ...

Research house reaffirms 'buy' call on E&O - Yahoo Malaysia News

Research house reaffirms 'buy' call on E&O
Yahoo Malaysia News
EASTERN & Oriental Bhd (E&O) is likely to carve out land parcels at its Sri Tanjung Pinang 2 (STP2) integrated project in Penang for commercial development and sell them to established regional developers to enhance land value, AmResearch Sdn Bhd ...

and more »
HSR underscores more prospects for rail jobs - New Straits Times Online

HSR underscores more prospects for rail jobs
New Straits Times Online
The research house has maintained an “overweight” stance on the construction sector, citing Mah Sing Group Bhd, IJM Land Bhd, WCT Holdings Bhd (via WCT Land Bhd), Gamuda (via Gamuda Land), UEM Sunrise and Eastern & Oriental Bhd as key ...

and more »

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