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

 
MARC affirms its MARC-1iD/AAAID ratings on Sime Darby Berhad's RM4.5 ... - Zawya (registration)

MARC affirms its MARC-1iD/AAAID ratings on Sime Darby Berhad's RM4.5 ...
Zawya (registration)
Sime Darby's part-disposal of its stake in Eastern & Oriental Berhad provided a RM55.5 million one-off gain for the property division in 1HFY2015; the division recorded sharp improvement with revenue of RM1,044.4 million and pre-tax profit of RM199.2 ...

and more »
MIDF Research upgrades E&O to Neutral, raises target to RM2.05 - The Edge Markets

MIDF Research upgrades E&O to Neutral, raises target to RM2.05
The Edge Markets
KUALA LUMPUR (March 31): MIDF Research has upgraded Eastern & Oriental Bhd to “Neutral” (from Sell) with a higher target price of RM2.05 (from RM1.88) and said the launch of Tamarind Tower A (GDV: RM450 million) had received a good take up rate ...

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 ...

'Big Three' among contenders for PTMP project - The Borneo Post

'Big Three' among contenders for PTMP project
The Borneo Post
KUCHING: Gamuda Bhd, IJM Corporation Bhd, WCT Bhd and government-backed Prasarana Malaysia Bhd are reportedly among six bidders that have submitted bids to participate in the RM27 billion Penang Transport Master Plan (PTMP). AmResearch Sdn Bhd ...

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, 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 ...

EPF ceases to be Eastern & Oriental substantial shareholder - The Star Online

EPF ceases to be Eastern & Oriental substantial shareholder
The Star Online
KUALA LUMPUR: The Employees Provident Fund Board (EPF) has ceased to be a substantial shareholder of lifestyle property developer Eastern & Oriental Bhd. A filing with Bursa Malaysia on Tuesday showed the EPF had disposed of 675,000 shares on ...

Eastern & Oriental embarks on regional launch in Taiwan for Andaman project - The Star Online

Eastern & Oriental embarks on regional launch in Taiwan for Andaman project
The Star Online
TAIPEI: Eastern & Oriental Bhd embarked on its first regional launch in Taiwan for its exclusive condominium project – the 18 East at Andaman – which is being developed at Seri Tanjung Pinang (STP) on Penang island. E&O deputy managing director Eric ...

Eastern & Oriental buys third property in London for RM308 million - The Malaysian Insider

Property Week

Eastern & Oriental buys third property in London for RM308 million
The Malaysian Insider
Malaysian property developer, Eastern & Oriental Bhd (E&O), is buying vintage office buildings Landmark House and Thames Tower in London from Gems Hammersmith (Luxembourg) Sarl for £57 million (RM308 million). The purchase marks its third in ...
E&O buys third property in UK for RM309mThe Sun Daily
E&O buys London office building for RM309milThe Star Online
E&O buys land in London for RM308.9mMalay Mail Online

all 12 news articles »
'Saya masih ada di sini' – Hamad - Utusan Malaysia

'Saya masih ada di sini' – Hamad
Utusan Malaysia
KUALA LUMPUR 31 Mac – Presiden dan Ketua Pegawai Eksekutif Permodalan Nasional Berhad (PNB), Tan Sri Hamad Kama Piah Che Othman menafikan desas desus tentang spekulasi yang dilaporkan media baru-baru ini berhubung kedudukan ... Laporan sebuah agensi berita antarabangsa sebelum ini yang memetik sumber menyatakan, PNB kini dalam perancangan untuk menggabungkan beberapa syarikat hartanah di bawah naungannya seperti Sime Darby, SP Setia, Eastern & Oriental dan I&P Group ...

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