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

 
Malaysian Developers Keen To Tap London Market - Bernama

Malaysian Developers Keen To Tap London Market
Bernama
Among the established developers that have had a foothold in London include SP Setia Bhd, Berjaya Group and Eastern & Oriental Bhd. Meanwhile, Knight Frank Asia-Pacific Head of Research, Nicholas Holt, said east London was a rising area that ...

and more »
Bizsnaps: Celcom Axiata strengthens its management - The Rakyat Post

The Rakyat Post

Bizsnaps: Celcom Axiata strengthens its management
The Rakyat Post
... their focus overseas, and London offers them a lucrative return despite the requirement of a huge capital investment.” Among the established developers that have had a foothold in London include SP Setia Bhd, Berjaya Group and Eastern & Oriental Bhd.

Sime Darby sell 135 acres of land in Elmina West for RM240m - The Sun Daily

The Malay Mail Online

Sime Darby sell 135 acres of land in Elmina West for RM240m
The Sun Daily
PETALING JAYA: Sime Darby Property Bhd has sealed a deal to sell a piece of freehold land in Elmina West to Eastern & Oriental Bhd for RM239.8 million. In a joint statement on Friday, the companies said this involves the sale of about 135 acres of ...
E&O shares up on land deal with Sime DarbyThe Malay Mail Online

all 14 news articles »
Analysing the divisions - The Star Online

Analysing the divisions
The Star Online
However, its move to sell 55ha of freehold land to property developer Eastern & Oriental Bhd (E&O) was seen positively. “Apart from strengthening its balance sheet, we believe the entry of E&O will help enhance the combined branding and value of nearby ...

and more »
E&O buys land for RM1.5bil project - The Star Online

Wall Street Journal

E&O buys land for RM1.5bil project
The Star Online
PETALING JAYA: Property developer Eastern & Oriental Bhd (E&O) is acquiring 55ha of freehold land in Elmina West, part of the City of Elmina, from Sime Darby Property Bhd, the unlisted property arm of Sime Darby Bhd, in a deal worth RM239.8mil.
Sime Prop, E&O in S'gor land dealMalaysia Chronicle

all 13 news articles »
E&O RM240mil land buy gets positive feedback - The Star Online

E&O RM240mil land buy gets positive feedback
The Star Online
CIMB Research is of the opinion that Eastern & Oriental Bhd's (E&O) acquisition of 54.6ha of freehold land in Mukim, Sungai Buloh in Selangor for RM239.8mil has been long awaited and represents the developer's strategic venture with its major shareholder.

and more »
Sime Darby to unlock RM1.4bil property assets? - The Star Online

Sime Darby to unlock RM1.4bil property assets?
The Star Online
“Taking a cue from Sime's investment in Eastern & Oriental Bhd, we believe Sime will most likely retain the existing proven asset management team to help expand the business,” the research outfit added. However, Kenanga Research thinks it is unlikely ...

MRCB gets first parcel of land to develop massive Kwasa Damansara - The Star Online

MRCB gets first parcel of land to develop massive Kwasa Damansara
The Star Online
These included Bandar Raya Developments Bhd, Bandar Utama City Corp Sdn Bhd, DRB-Hicom Bhd, Eastern & Oriental Bhd, Gamuda Bhd, Goldis Bhd, IJM Land Bhd, IOI Properties Bhd, I&P Group Sdn Bhd, Mah Sing Group Bhd, Perbadanan Kemajuan ...

Benalec poised to enter new growth level - The Sun Daily

Benalec poised to enter new growth level
The Sun Daily
"Of course we have plan B and plan C, we are not fully depending on the Johor project, we still have other projects like in Malacca," he said. Benalec also expressed its interest in the second phase of Eastern & Oriental Bhd's Sri Tanjung Pinang ...

and more »
Pemaju Malaysia Berminat Teroka Pasaran London - Bernama

Pemaju Malaysia Berminat Teroka Pasaran London
Bernama
Antara pemaju terkemuka yang telah bertapak di London ialah SP Setia Bhd, Berjaya Group dan Eastern & Oriental Bhd. Sementara itu, Ketua Penyelidikan Knight Frank Asia Pasifik, Nicholas Holt, berkata timur London merupakan kawasan membangun ...

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