E&O share price rises to RM2.30 in tandem with progress in STP project


PETALING JAYA: Eastern & Oriental Bhd (E&O) has taken another step in realising the development of phase two of its Seri Tanjung Pinang (STP) project in Penang.

Last Friday, the company completed the public display of the detailed environmental impact assessment (DEIA) report, and is now awaiting approval from the Department of Environment (DOE) to begin reclamation works on the project that is slated to cover an area of 760 acres of reclaimed land.

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Business , E&O

   

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