KUALA LUMPUR (Sept 26): Eastern & Oriental (E&O) Bhd is aiming to generate RM1.5 billion in sales over the next three years from its various property development projects.Deputy Managing Director Eric Chan said at present sales were valued at about RM1 billion."Previously, we focused on a two-year business plan. From 2014 to 2016, we're going to focus on growth and development of our four growth engines located in Penang, Iskandar Malaysia, Kuala Lumpur/Klang Valley and in London."Going forward, we expect sales to reach RM3 billion beyond 2017 given E&O's current strong financial position and concrete roadmap for the future," he told reporters after the company's annual general meeting today.Chan said the Seri Tanjung Pinang property development in Penang was almost complete with the launch of the final block of the Andaman condominium, Marina office and serviced apartments, and, super terrace houses.Another boost would come from the developmen
SHAH ALAM: The eastbound and westbound Hicom rest area on the Shah Alam Expressway (Kesas) will be temporarily closed to the public from June 27 till July 19 due to upgrading work.
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