E&O eyes foreign buyers to realise FY16 earnings goal

KUALA LUMPUR (Sept 30): High-end property developer Eastern & Oriental Bhd (E&O) is maintaining its target of achieving RM173 million in net profit for the financial year ending March 31, 2016 (FY16) despite a challenging outlook for the company in view of the soft property market.

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LTAT keen on Bandar Malaysia?

KUALA LUMPUR: Lembaga Tabung Angkatan Tentera (LTAT) is said to be keen on taking part in 1Malaysia Development Bhd’s (1MDB) multibillion-ringgit Bandar Malaysia development, according to sources familiar with the project.

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