Developers › Eastern & Oriental (E&O)
Eastern & Oriental (E&O): background and track record
Eastern & Oriental (E&O) (Eastern & Oriental Berhad (192701000031 / 555-K)) is a Malaysian property developer founded in 1927, headquartered in Kuala Lumpur. It is listed on the Main Market of Bursa Malaysia, stock code 3417. On our list: The Conlay.
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The facts
| Company | Eastern & Oriental Berhad (192701000031 / 555-K) |
|---|---|
| Founded | 1927 |
| Headquarters | Kuala Lumpur |
| Listing | Main Market of Bursa Malaysia, stock code 3417 |
| Business | Listed property developer and hotel owner-operator with activities in Kuala Lumpur, Penang, Johor's Iskandar Malaysia and Central London. |
Eastern & Oriental (E&O) projects on our list
| Project | From | Sizes | Completion |
|---|---|---|---|
| The Conlay | RM1,460,000 | 743sq.ft. - 1,335sq.ft. | Completed 2025 |
History and founding
The listed company Eastern & Oriental Berhad was incorporated in 1927 (registration no. 192701000031). Its heritage asset, the Eastern & Oriental Hotel in George Town, Penang, was established in 1885 by the Sarkies brothers (AR2026). In 1994 Dato' Tham Ka Hon, previously head of the property division at Land & General, took over Jack Chia Enterprise Berhad, which owned the E&O Hotel; the company was later renamed Eastern & Oriental Berhad and turned to residential development in Kuala Lumpur (202 Desa Cahaya, Kampung Warisan, Sri Se-Ekar) and Penang (AR2015, AR2021).
- Dato' Seri Tham Ka Hon (Terry Tham) — Took over Jack Chia Enterprise Berhad in 1994, which was later renamed Eastern & Oriental Berhad; Managing Director from 16 May 1994 to 30 June 2016, later Executive Deputy Chairman
- Dato' Seri Tee Eng Ho — Joined the Board 1 June 2017; Executive Chairman since 12 May 2021; with Dato' Tee Eng Seng holds a deemed interest of 62.42% (as at 30 June 2026). Not a founder.
How the company grew
1885-1993
Heritage era: the Eastern & Oriental Hotel in Penang was established in 1885; the listed company was incorporated in 1927 and was known as Jack Chia Enterprise Berhad before 1994.
1994-2016
Under Managing Director Tham Ka Hon: renamed Eastern & Oriental Berhad; Kuala Lumpur residential projects (202 Desa Cahaya, Kampung Warisan, Sri Se-Ekar, Dua Residency, St Mary Residences, Idamansara, Seventy Damansara); restoration of the E&O Hotel; Seri Tanjung Pinang township in Penang launched 2005; first Mitsui Fudosan JV (The Mews, completed 2017).
2017-present
Dato' Seri Tee Eng Ho (Kerjaya Prospek) joined the Board in 2017 and became Executive Chairman in 2021. Focus on Andaman Island, Penang (760-acre reclaimed island; Phase 1 reclamation completed towards the end of 2019, Gurney Bridge opened Dec 2025), further Mitsui Fudosan JVs (Conlay completed April 2025; The Peak completed early 2026) and entry into Shah Alam (Laman Embun, Seri Embun).
Listing and corporate changes
- 1927-06-08 — Company incorporated (later known as Jack Chia Enterprises, renamed Eastern & Oriental Berhad). [source]
- 1994 — Dato' Tham Ka Hon took over Jack Chia Enterprise Berhad (owner of the E&O Hotel); company later renamed Eastern & Oriental Berhad.
- 2017-06-01 — Dato' Seri Tee Eng Ho (Kerjaya Prospek) appointed to the Board; redesignated Executive Chairman 12 May 2021.
- current — Main Market of Bursa Malaysia, stock code 3417. [source]
Track record in numbers
| Years operating | 99 (incorporated 1927); 32 years under the current name and property focus (since 1994) |
|---|---|
| Units delivered | Seri Tanjung Pinang: over 3,000 homes, GDV exceeding RM5.5 billion since its 2005 launch (township-level figure, AR2026 p.7). No group-wide total found. |
| Landbank | Land for future development listed in AR2026 (p.10): Kemensah Heights 309.5 acres; Elmina West 65.9 acres; Seri Tanjung Pinang Phase 1 0.7 acre; Andaman Island Phase 1 249.2 acres; Andaman Island Phase 2 507 acres (reclamation ongoing); Gertak Sanggul 348.6 acres; Avira, Medini 12.3 acres (sum 1,493.2 acres, computed). Andaman Island Phases 1 and 2 carry an estimated combined GDV of RM60 billion (company-stated, AR2026 p.7). |
| Unbilled sales | RM1,744.8 million as at 31 March 2026 (up from RM1,498.6 million) (AR2026 p.24) |
| Latest annual sales | Property sales RM1,401.8 million for FY2026 (year ended 31 March 2026); Andaman Island contributed 52% (AR2026 p.24) |
As at 31 March 2026, as stated in the company's filings.
Completed developments
| Development | Location | Completed |
|---|---|---|
| The Peak @ Damansara Heights (JV with Mitsui Fudosan) | Damansara Heights, Kuala Lumpur | 2026 (early 2026; handover commenced January 2026) |
| Senna and Fera Phases 1 and 2, Andaman Island | Penang | 2026 (completed January 2026) |
| The Meg, Andaman Island | Penang | 2026 (handover commenced May 2026 per AR2026) |
| Conlay (Conlay by E&O and Conlay Signature Suites; JV with Mitsui Fudosan) | Jalan Conlay, Kuala Lumpur City Centre | 2025 (April) |
| The Mews (JV with Mitsui Fudosan) | Jalan Yap Kwan Seng, Kuala Lumpur | 2017 |
| Avira Garden Terraces, Phases A-D (50:50 JV with Khazanah and Temasek) | Medini, Iskandar Malaysia, Johor | |
| The Tamarind, Seri Tanjung Pinang | Penang | |
| 18 East at Andaman, Seri Tanjung Pinang | Penang | |
| Quayside Seafront Resort Condominium, Seri Tanjung Pinang | Penang | |
| St Mary Residences | Kuala Lumpur City Centre | |
| Dua Residency | Kuala Lumpur City Centre | |
| Idamansara and Seventy Damansara | Damansara Heights, Kuala Lumpur |
Ongoing and upcoming developments
| Development | Location | Expected completion |
|---|---|---|
| AVÉA, Andaman Island (two phases; 1,080 residential and 10 retail units) | Penang | |
| Senna and Fera Phases 3 and 4 (68 terrace and semi-detached homes) | Andaman Island, Penang | |
| The Lume (261 units) | Andaman Island, Penang | |
| Maris (waterfront serviced apartments) | Andaman Island, Penang | |
| Arica | Andaman Island, Penang | |
| Seri Embun (360 superlink homes) | City of Elmina, Shah Alam, Selangor | |
| Laman Embun (commercial precinct) | City of Elmina, Shah Alam, Selangor | |
| Andaman Island Phase 2 reclamation (507 acres) | Penang | Reclamation targeted by 2028 (company-stated) |
Delivery record (from official documents)
- Conlay — AR2026 states Conlay was completed in April 2025; Conlay Signature Suites launched May 2025; Conlay by E&O fully sold during FY2026.
- The Peak @ Damansara Heights — AR2026 states the project is completed and handover commenced in January 2026.
- Senna and Fera Phases 1 and 2 — AR2026 states completion in January 2026 and QLASSIC scores of 85% and 86% respectively.
Certifications
- GreenRE Platinum Provisional (township) — Andaman Island Phase 1 (stated in AR2026)
- GreenRE Platinum Provisional — AVÉA; Senna and Fera Phases 3 and 4 (FY2026)
- QLASSIC 85% and 86% — Senna and Fera Phases 1 and 2 (respectively) (2026)
- GreenRE Silver — Wisma AIA, Penang (investment property) (stated in AR2026)
- ISO 9001:2015, ISO 45001:2018, ISO 14001:2015 (as management tools; scope not stated) — E&O Group (stated in AR2026)
- GreenRE certification for 12 development projects (100% of development projects) in FY2026 — Group development portfolio (FY2026)
Financial snapshot (listed company filings)
| Financial year | Revenue | Net profit |
|---|---|---|
| FY2026 (31 Mar 2026) | 867.6 | 243.9 (profit for the year); 221.2 attributable to owners |
| FY2025 (31 Mar 2025) | 741.1 | 181.7 (profit for the year); 168.6 attributable to owners |
| FY2024 (31 Mar 2024) | 422.8 | 141.1 (profit for the year); 133.6 attributable to owners |
Awards
- 2019 The Edge Malaysia Top Property Developers Award - ranked 14th among top 30 developers — Eastern & Oriental Berhad (The Edge Malaysia)
- 2019 iProperty Development Excellence Awards (iDEA) - one of top 10 developers, People's Choice Award — Eastern & Oriental Berhad (iProperty)
- 2018 PropertyGuru Asia Property Awards (Malaysia) - Best Condo Development (Penang) — The Tamarind, Seri Tanjung Pinang (PropertyGuru)
- 2018 EdgeProp Malaysia's Best Managed Property Awards - Gold, Below 10 Years Multi-Own Strata Residential — Quayside Seafront Resort Condominiums (The Edge Malaysia (EdgeProp))
- 2018 The Edge Malaysia Top Property Developers Award — Eastern & Oriental Berhad (The Edge Malaysia)
- 2017 The Edge Malaysia Property Excellence Awards - ranked 6th in Qualitative Overall Ranking — Eastern & Oriental Berhad (The Edge Malaysia)
- 2016 The Edge Property Excellence Awards - Property Development Excellence — Seri Tanjung Pinang, Penang (The Edge Malaysia)
- 2014 The Edge Top Property Developers Award — Eastern & Oriental Berhad (The Edge Malaysia)
Questions
Is Eastern & Oriental (E&O) a listed company?
It is listed on the Main Market of Bursa Malaysia, stock code 3417.
When was Eastern & Oriental (E&O) founded?
In 1927.
Who founded Eastern & Oriental (E&O)?
Dato' Seri Tham Ka Hon (Terry Tham), Dato' Seri Tee Eng Ho.
Which Eastern & Oriental (E&O) projects does Claire cover?
The Conlay.
Background facts come from annual reports, Bursa Malaysia filings, the company's own About page and news reports; last checked 17 October 2026. We do not rate developers.