Straits Quay - NewsFull

Penang, 25 November 2011 – On 1 December, 10.30am - 5.00pm, Straits Quay will be hosting a Christmas Tree Decorating Competition and is open to all who wish to show off their creative flair.

Team up in a group or alone, to decorate and create the most stunning Christmas tree. We are looking for talented individuals to take part in this fun-filled activity and stand a chance to win attractive prizes. All participants are to bring all the necessary decorations and materials in order to decorate their own tree. (A green Christmas tree will be supplied by Straits Quay)

Eastern & Oriental Berhad (collectively referred to as ‘The E&O Group’ or ‘E&O’) is listed on the Main-board of Bursa Malaysia. The Company is involved in 3 core business activities; namely hospitality and lifestyle, property development and property investment.

E&O 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 Batu Ferringhi tourist strip. There are ongoing efforts to capitalise on the Group’s hotel management expertise and extend this service towards the management of a portfolio of hotels and resorts in Malaysia and around the region.

In 2007, E&O embarked on a new lifestyle food and beverage (F&B) venture, via the acquisition of a substantial stake in The Delicious Group, which it currently owns 100%. Named after the original “Delicious” concept restaurant, the group now operates 10 restaurants in some of the most vibrant spots of Kuala Lumpur, Penang and Singapore. The outlet in Penang’s Straits Quay festive retail marina marks the Group’s first foray outside Kuala Lumpur while the Scotts Square, Singapore outlet is the first outside Malaysia. With F&B closely linked to lifestyle in the modern mindset, synergies arise from the strategic positioning of Delicious Group outlets in E&O’s prime commercial / retail properties.

E&O’s reputation as a premier property developer is built across a series of exclusive addresses in Kuala Lumpur and Penang Island. Its track record includes prestigious residential projects 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.

E&O’s more-recent landmark developments include 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 upscale Damansara Heights. Seventy Damansara is another E&OProp signature development with 12 exclusive detached homes within a gated and guarded community. Located right in the heart of Kuala Lumpur’s Central Business District is E&OProp’s recently launched St Mary Residences. On Penang Island, E&O’s masterplanned seafront development Seri Tanjung Pinang is one of the most sought-after residential addresses among locals and expatriates on the island especially with its latest launch, the Quayside Seafront Resort Condominiums, the first condominium in the region with a 4.5 acre private waterpark.

The newly-established Property Investment division’s core mandate is the acquisition of select landbanks and properties that provides E&O with steady, recurring income flow and opportunities for capital appreciation in the longer term.

Christmas Tree Decorating Competition at Straits Quay