RAM Ratings reaffirms ratings of Impian Ekspresi’s RM450m MTN

KUALA LUMPUR (Dec 13): RAM Rating Sdn Bhd (RAM Ratings) has reaffirmed the enhanced ratings of Impian Ekspresi Sdn Bhd's RM450 million guaranteed Medium-Term Notes (MTN) Programme with a AAA(fg)/Stable rating for the Danajamin-guaranteed RM300 million and a AAA(bg)/Stable rating for the balance Maybank-guaranteed RM150 million.

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Datuk Tee Eng Ho: When everyone is panicking, you should not panic

“E&O will be very busy soon!” You can see how Datuk Tee Eng Ho’s eyes light up as he shares about the upcoming launches, openings and improving hotel bookings under Eastern & Oriental Bhd (E&O), which he is newly helming since his increased shareholding in the high-end property development firm this year.

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DONE DEAL: Two-storey bungalow in Damansara Heights, Kuala Lumpur

Read also DONE DEAL: Two-storey terraced house in M Residence, Rawang, Selangor DONE DEAL: Two-storey terraced house at Ara Damansara, Selangor Damansara Heights, or also known as Bukit Damansara, is well-known as an upscale residential area surrounded by various amenities and easy accessibility via highways.

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The Tee brothers and E&O

KUALA LUMPUR (April 10): A report by The Edge Malaysia asked the question – why did Kerjaya Prospek Group Bhd co-founders Datuk Tee Eng Ho and his brother Tee Eng Seng buy into E&O? Their “recent move” to “mop up additional shares in Eastern & Oriental Bhd (E&O), hitting the 33% threshold for a mandatory general offer (MGO), has left many investors wondering what they see in E&O that others do not”, wrote the weekly.

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