E&O gets approval

EASTERN & Oriental Bhd (E&O) has received an approval in principle for the proposed mixed development on land to be reclaimed in Tanjong Tokong, Penang (Phase 2).

The approval given by Penang state’s Jabatan Perancang Bandar dan Desa is in addition to the 396.9ha of right already granted to E&O’s unit Tanjung Penang Development Sdn Bhd in 1992.

The current approval is for the balance concession area of 299.7ha.

By Business Times