KUALA LUMPUR: Eastern & Oriental Bhd shares rose on Wednesday, April 13 after the company received the Penang Government's in-principle approval for its master plan to undertake a mixed integrated project on a proposed reclaimed site on the island.
At 9.16am, E&O was up 4 sen to RM1.21 with 2.17 million shares done.
The company said on April 12 the approval was for the development on the site, which is to be reclaimed under phase two of its Seri Tanjung Pinang in Tanjong Tokong, Penang.
At 9.16am, E&O was up 4 sen to RM1.21 with 2.17 million shares done.
The company said on April 12 the approval was for the development on the site, which is to be reclaimed under phase two of its Seri Tanjung Pinang in Tanjong Tokong, Penang.
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