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

 
E&O's 3Q profit falls 40.2% to RM11.4 mil - The Edge Markets

E&O's 3Q profit falls 40.2% to RM11.4 mil
The Edge Markets
KUALA LUMPUR (Feb 27): Eastern & Oriental Bhd (E&O) saw its net profit for the third quarter ended Dec 31, 2014 (3QFY15) fallen 40.25% to RM11.39 million, from RM19.06 million a year ago, despite a marginal increase in revenue by 1.67% to RM99.42 ...

and more »
Fututech said to acquire construction firm for RM400mil - The Star Online

Fututech said to acquire construction firm for RM400mil
The Star Online
Some of Fututech's existing clients include SP Setia Bhd and Eco World Development Bhd. Fututech was a former associate company of property developer Eastern & Oriental Bhd (E&Q). Previously it was a designer of lights and kitchen cabinets,.

and more »
E&O upbeat on new UK properties - The Star Online

The Star Online

E&O upbeat on new UK properties
The Star Online
EASTERN & Oriental Holdings Bhd (E&O) will leverage on its UK properties, with a combined gross development value (GDV) of up to £400mil, to expand its presence there. E&O now has a platform to expand after its purchase of two office buildings in ...

E&O, Ikea collaborate to produce furnished show unit in Penang - The Star Online

The Star Online

E&O, Ikea collaborate to produce furnished show unit in Penang
The Star Online
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) and Ikea have collaborated to come up with a fully furnished show unit for the former's soon-to-be launched executive apartments -- The Tamarind -- in Penang. E&O, a lifestyle property development group, and ...

Fututech's fast-track construction plan - The Star Online

The Star Online

Fututech's fast-track construction plan
The Star Online
Fututech was a former associate company of property developer Eastern & Oriental Bhd (E&O). Its previous core business was as a designer of lights and kitchen cabinets, which now serve as a complementary business to Fututech's construction business.

and more »
Penangites come up with new hand gesture for greeting to mark the Goat Year - The Star Online

Penangites come up with new hand gesture for greeting to mark the Goat Year
The Star Online
... hats for RM5. The proceeds of which will go to the Penang Chinese Cultural Fund of the Penang Chinese Clan Council. The clans council and the state government are the co-organisers and the main sponsor for the event is Eastern and Oriental Berhad.

and more »
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 ...

Optimistic view on UMW Oil & Gas - The Star Online

Optimistic view on UMW Oil & Gas
The Star Online
CIMB Research said its communication with UMW Oil & Gas Corp Bhd's (UMW-OG) management revealed that the company's fleet expansion continued with the delivery of the US$220mil Naga 7 on Wednesday from a Shenzen yard. ... AMRESEARCH reaffirmed its “buy ...

SPEAK UP SONS OF TUN RAZAK: Did your dad squirrel away BILLIONS to ... - Malaysia Chronicle

Malaysia Chronicle

SPEAK UP SONS OF TUN RAZAK: Did your dad squirrel away BILLIONS to ...
Malaysia Chronicle
Even before graduating, he was managing money for what he later described as “my family and close Middle Eastern and Southeast Asian friends.” ..... Mr. Low said that he had not consulted for SRC International Sdn Bhd, the Malaysia-based SRC.
Jho Low, Well Connected in Malaysia, Has an Appetite for New YorkNew York Times

all 16 news articles »

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