E&O’s Lone Pine Hotel disposal to strengthen balance sheet
KUCHING: Eastern & Oriental Bhd’s (E&O) Lone Pine Hotel disposal has been viewed positively by analysts as this will strengthen the group’s balance sheet via realising cash resources. In a filing on Bursa Malaysia, E&O’s board of directors announced that wholly-owned Eastern & Oriental Hotel Sdn Bhd has entered into a share sale agreement with … Continue reading E&O’s Lone Pine Hotel disposal to strengthen balance sheet
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