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OTHERSEASTERN & ORIENTAL BERHAD ("THE COMPANY")
- PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR THE COMPANY AND/OR ITS SUBSIDIARIES TO ENTER INTO RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE; AND
- PROPOSED RENEWAL OF SHAREHOLDERS' MANDATE FOR THE AUTHORITY TO THE COMPANY TO PURCHASE UP TO 10% OF ITS OWN SHARES IN THE TOTAL NUMBER OF ISSUED SHARES IN THE COMPANY
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) is poised to launch about three projects with a combined gross development value (GDV) of RM1.63bil over the next couple of years.
EASTERN & ORIENTAL BERHAD
Q4FYE2024 FINANCIAL PERFORMANCE COMMENTARY
Eastern & Oriental Berhad $E&O / 3417 (EASTERN & ORIENTAL BERHAD)
KUALA LUMPUR: Eastern & Oriental Bhd (E&O) is expecting more interest in Andaman Island when the Gurney Bridge connecting Gurney Drive to island is completed next year, improving accessibility, said managing director Kok Tuck Cheong.
WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATORDissolution of Subsidiary Company
@B I think some certain names in consumer segment will have a catch up. I'm personally bullish on $OFI / 7107 (ORIENTAL FOOD INDUSTRIES HOLDINGS BERHAD) and have invested some. General thought is this... Inflation is going to be intensely felt by the general public... (petrol subsidy going away + sugar next?), imported snacks are going to be more expensive now ringgit is weak hence there will be more demand to local made products whilst leaving some rooms for asp increment for the company's products... Plus, their export is also gaining traction. And who can say no to super ring?
Lets see how things will be in the upcoming result but I suspect it will be good.
@zhugeliang123 I had limited capital so I had to pick between $CLOUDPT / 0277 (CLOUDPOINT TECHNOLOGY BERHAD) and INFOTEC ; I believe both are similar and strong companies, I recalled I picked the former cos I prefer their client concentration risk, wider the product / service range (infotec if not mistaken 50% contribution from dell), client relationship and potential outlook.
Btw, I think we need to take a closer look at the often misunderstood $VSTECS / 5162 (VSTECS BERHAD) who is the connector of most things you mentioned.
@DanVee I switched some of my YTLP profits to some lagging oil n gas names like Keyfield and CARIMIN, OFI as mentioned above, I also like $AWC / 7579 (AWC BERHAD) due to its full acquisition of Stream, $E&O / 3417 (EASTERN & ORIENTAL BERHAD) for land scarcity in Penang and abit of tech names.