E&O lines up projects worth up to RM20bil


PETALING JAYA: Eastern & Oriental Bhd (E&O) plans to launch developments with a combined gross development value (GDV) of between RM17bil and RM20bil within its township project in Andaman Island, Penang over the next 15 years.

E&O managing director Kok Tuck Cheong said the Andaman Island would be the primary focal point for the property developer in the coming decades.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Hektar REIT proposes RM125mil deal to acquire, lease international school
Zetrix AI, Shenzhen data exchange plan to develop Asean-China data trading platform
LSH reports stronger 1HFY26 results on robust construction activity
SCIB completes RM113mil disposal to focus on construction, EPCC business
Taliworks posts lower 1Q profit, declares 0.25 sen dividend
Ann Joo Resources to sell steel unit to Green Esteel after terminating Southern Steel deal
Favelle Favco secures RM90.6mil tower crane supply contracts
Berjaya Food expects stronger performance as cost-saving measures narrow 3Q losses
Able Group’s 1Q net profit jumps 37% on stronger F&B, Mexico JV contributions
Paramount cautiously optimistic on stronger property sales in 2H26 amid upcoming launches

Others Also Read