E&O eyes land in Sungai Buloh


PETALING JAYA: Eastern & Oriental Bhd (E&O) plans to buy 135 acres of land in Sungai Buloh, Selangor from Sime Darby Bhd’s unit for a proposed commercial real estate and lifestyle residential development project.

E&O, in a filing with Bursa Malaysia, said this would be its first township development in the Klang Valley, which could potentially be a vital new growth engine for the group.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read