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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

 
Despite gloomy property sector share price of some property companies could rise - The Star Online

Despite gloomy property sector share price of some property companies could rise
The Star Online
“We also upgrade Eastern & Oriental Bhd (E&O) and UOA Development Bhd to “add” from “hold”. E&O's share price could re-rate due to news about its Seri Tanjung Pinang 2 project, while UOA Development's share price could rise on the back of stronger ...

Medini Iskandar on track this year - The Rakyat Post

The Rakyat Post

Medini Iskandar on track this year
The Rakyat Post
Medini Iskandar has already received investments for several mixed development projects by major companies such as the Sunway Group, Eastern & Oriental Bhd, Zhuoyuan Iskandar, Macrolink, UEM Sunsrise, Mah Sing Group Bhd and UMLand. The land in ...

and more »
Bursa highlights for Friday, Jan 22 - The Star Online

Bursa highlights for Friday, Jan 22
The Star Online
Eastern & Oriental Bhd's subsidiary Tanjung Pinang Development has formally awarded a RM1.08bil contract to reclaim 760 acres for the phase 2 of the massive Seri Tanjung Pinang project in Penang. This signing comes a day after E&O announced that the ...

and more »
Bursa highlights for Thursday, Jan 21 - The Star Online

Bursa highlights for Thursday, Jan 21
The Star Online
Amid calls to declassify land reclamation agreements in Penang, the state government has signed a supplemental agreement with Eastern & Oriental Bhd that gives the developer three extra years to meet the final reclamation deadline for the massive Seri ...

and more »
E & O gains more time to finish Seri Tg Pinang reclamation - The Star Online

The Star Online

E & O gains more time to finish Seri Tg Pinang reclamation
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&0) has been given three additional years to complete the reclamation works for phase 2 of the RM25bil Seri Tanjung Pinang development. The property developer told Bursa Malaysia that its indirect subsidiary ...
E&O signs supplemental agreement with state for Tanjung Seri Pinang developmentThe Sun Daily

all 2 news articles »
Lure of waterfront property in Penang - The Malaysian Insider

The Malaysian Insider

Lure of waterfront property in Penang
The Malaysian Insider
These luxury properties are part of the Seri Tanjung Pinang township developed by Eastern and Oriental Bhd. Both are located along the waterfront, and offer expansive views over the sea. The Suites @ Straits Quay has the added convenience of being ...

Fututech targets at least RM500mil-RM600mil new jobs in FY16 - The Star Online

Fututech targets at least RM500mil-RM600mil new jobs in FY16
The Star Online
Of the tendered jobs, 80% were from the company's three main clients – Eastern & Oriental Bhd, Eco World Group Development Bhd and SP Setia Bhd. Executive chairman Datuk Tee Eng Ho said the company's current order book totalled RM2.7bil, which ...

and more »
Fututech aims for RM600m new jobs - The Edge Markets MY

DEALSTREETASIA

Fututech aims for RM600m new jobs
The Edge Markets MY
Besides that, he also shared that the group is tendering RM1.17 billion, of which 80% are from its main clients, SP Setia Bhd, Eco World Group Development Bhd and Eastern and Oriental Bhd. When asked on the Budget 2016 revision, Tee said the ...
Malaysia: Fututech acquires two property firms for $105m, deal to beef up its order booksDEALSTREETASIA

all 3 news articles »
Deal inked for RM1b Penang land reclamation project - The Rakyat Post

The Rakyat Post

Deal inked for RM1b Penang land reclamation project
The Rakyat Post
Eastern & Oriental Bhd's (E&O) unit, Tanjung Pinang Development Sdn Bhd (TPD), have signed a reclamation contract worth RM1.08 billion with China Communications Construction Co (M) Sdn Bhd (CCCC). In a statement yesterday, E&O said the contract, ...

Short position - The Star Online

The Star Online

Short position
The Star Online
But before it can embark on the project, Consortium Zenith has to deliver the land, which technically is now under water and is to be reclaimed by Eastern & Oriental Bhd (E&O). E&O, as the master developer of Sri Tanjong Pinang, is to surrender some of ...

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