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 new MD looking forward to new challenges - The Sun Daily

The Sun Daily

E&O new MD looking forward to new challenges
The Sun Daily
PETALING JAYA: Eastern & Oriental Bhd's (E&O) newly appointed managing director Kok Tuck Cheong (pix), is looking forward to steering the property development company on its next phase of growth. The former banker told SunBiz he is looking forward to ...

Higher admin costs, forex losses hit E&O's FY16 earnings - The Edge Markets MY

Higher admin costs, forex losses hit E&O's FY16 earnings
The Edge Markets MY
Eastern & Oriental Bhd (E&O) slipped into losses in the fourth quarter of 2016 due mainly to higher admin costs and foreign exchange losses. About RM425 million worth of properties were sold in the quarter, lifting FY16 sales by 12% y-o-y to RM1.1 billion.

Sowing seeds of conservation - The Star Online

The Star Online

Sowing seeds of conservation
The Star Online
EASTERN and Oriental Bhd (E&O) is planting some 1,500 mangrove saplings at Sungai Acheh in Nibong Tebal, Penang, as part of a mangrove replacement planting project. The effort is undertaken through its subsidiary Tanjung Pinang Development Sdn ...

Reaction to oil spill not quick enough - Free Malaysia Today

Free Malaysia Today

Reaction to oil spill not quick enough
Free Malaysia Today
Among affected areas were the Swettenham Pier, Weld Quay, Esplanade (near Fort Cornwallis), North Beach area (Eastern and Oriental Hotel), and Gurney Drive. Following a coordinated effort by oil companies and marine authorities, most of the oil spill ...

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 »
Bursa highlights for Thurs, May 26 - The Star Online

The Star Online

Bursa highlights for Thurs, May 26
The Star Online
Eastern & Oriental Bhd (E&O) has announced some management changes. Datuk Seri Tham Ka Hon, 63, has been redesignated from managing director to executive deputy chairman effective July 1. Succeeding him as MD will be Kok Tuck Cheong, 60, ...

and more »
Making full use of their free time - The Star Online

The Star Online

Making full use of their free time
The Star Online
Eastern & Oriental Berhad group strategy and communications senior manager Ann Tan said the event was held to instil a sense of civic mindedness among the children. “It is also aimed at strengthening the spirit of camaraderie among them,” she said.

Women of UAE and M'sia talk business - The Star Online

The Star Online

Women of UAE and M'sia talk business
The Star Online
... and fashion show accompanied an interesting business talk organised by Nama Women Advancement Establishment (NAMA) in collaboration with the Malaysian International Chamber Of Commerce & Industry (MICCI) at Mandarin Oriental, Kuala Lumpur.

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 »
1MDB to Reach Out to Dollar Bondholders on Payment Default - Bloomberg

Bloomberg

1MDB to Reach Out to Dollar Bondholders on Payment Default
Bloomberg
The Kuala Lumpur-based firm appointed Alvarez & Marsal Asia Ltd. as its financial adviser and D.F. King Ltd., an Orient Capital company, to carry out the bondholder identification and registration process. “1MDB will now actively engage with all ...

and more »

Copyright © 2014 BursaWave.com

Terms of Service