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

 
Eastern & Oriental's proposed AIM listing terminated - The Edge Markets MY

Eastern & Oriental's proposed AIM listing terminated
The Edge Markets MY
Maintain trading buy with a lower target price (TP) of RM2.20: Eastern & Oriental Bhd (E&O) confirmed that it will terminate the proposed listing of its overseas assets due to unstable global market conditions and exchange-rate volatility. It was ...

Property sales recovery likely in H2 - The Star Online

The Star Online

Property sales recovery likely in H2
The Star Online
... World Development Group Bhd remains its top sector pick as it is the sector's bellwether. “We also like UOA Development Bhd for its prospects of higher sales, LBS Bina Group Bhd for its attractive dividend yield and stronger earnings and Eastern ...

Pressmen let their hair down at E&O media night - The Star Online

The Star Online

Pressmen let their hair down at E&O media night
The Star Online
EASTERN and Oriental Bhd (E&O) feted personnel from over 30 organisations to a Media Night full of delectable food, great prizes, and fun entertainment. The gathering at the grand ballroom of its E&O Hotel in George Town, Penang, was the perfect ...

Malaysia: Listing updates from LKL, Petronas unit, E&O and Bank Muamalat - DEALSTREETASIA

DEALSTREETASIA

Malaysia: Listing updates from LKL, Petronas unit, E&O and Bank Muamalat
DEALSTREETASIA
Eastern & Oriental Bhd (E&O) has suspended its plans to list its indirect wholly-owned Eastern & Oriental Property (UK) Ltd (E&O UK) to trade on the London Stock Exchange, citing unstable global market conditions and exchange volatility. The luxury ...

Stamping their mark in Jalan Kia Peng - The Star Online

The Star Online

Stamping their mark in Jalan Kia Peng
The Star Online
Also, niche property developer Eastern & Oriental Bhd (E&O) has collaborated with a Japanese real estate group to develop a serviced-apartment project at the intersection of Jalan Kia Peng and Jalan Conlay. Layout for this property range from one to ...

Testing time for hotel industry - The Star Online

The Star Online

Testing time for hotel industry
The Star Online
Eastern & Oriental Berhad (E&O) group hospitality and lifestyle director Michael Saxon said the average occupancy rate at E&O Hotel for the first two months of 2016 was close to 80%, as compared to the average occupancy of 60% for the corresponding ...

Eastern & Oriental posts higher Q1 earnings - The Star Online

Eastern & Oriental posts higher Q1 earnings
The Star Online
KUALA LUMPUR: Lifestyle property developer Eastern & Oriental Bhd's earnings rose 22.6% to RM23.26mil in the first quarter ended June 30, 2015 from RM18.96mil a year ago boosted by share of results of an associate. It announced on Monday its revenue ...

and more »
Deals of the day- Mergers and acquisitions - Reuters

Deals of the day- Mergers and acquisitions
Reuters
Warner Music Group and independent labels have urged EU regulators to fight Sony Corp's bid to buy out Michael Jackson's stake in its music publishing joint venture, saying the move gives Sony too much power. ** British travel and insurance company ...

and more »
Malaysia's Eastern & Oriental says property unit seeks listing in London - Reuters

The Star Online

Malaysia's Eastern & Oriental says property unit seeks listing in London
Reuters
Eastern & Oriental is one of a group of property companies within the portfolio of Malaysian state asset manager Permodalan Nasional Bhd, which has been restructuring its property portfolio since 2009. For the full latest filing, click: bit.ly/1HEWUJR ...
E&O to list UK unit on LSEThe Sun Daily
E&O plans UK listing of indirect subsidiaryThe Star Online

all 8 news articles »
Eastern & Oriental, Mitsui in KL property venture - The Star Online

Eastern & Oriental, Mitsui in KL property venture
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&O), in its third collaboration with Tokyo-listed Mitsui, is developing a 298-unit service in the Kuala Lumpur city centre. It said on Friday the 5,812-sq metre land, owned by Samudra Pelangi Sdn Bhd unit Patsawan ...

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