E&O said to be in final stages of approval for reclamation works for STP2 in Penang

Sri Tanjung Pinang by E&O

PETALING JAYA: Eastern & Oriental Bhd (E&O) is increasingly getting on the radar of analysts’ positive view on its shares in light of its reclamation-based development in Penang.

E&O is reportedly in the final stages of securing regulatory approval for the commencement of reclamation works for its Sri Tanjung Pinang Phase 2 (STP2) project in Penang.