Tuesday 28 June 2016

Ecoworld International eyes opportunities from Brexit fallout

Ecoworld International Bhd says there may be opportunities that will arise from the Brexit fallout.

The company, which is still privately held at this moment and is enroute to an initial public offering later this year said that one of the opportunities is the immediate reduction in the value of the pound.

“The ringgit now has better firepower in the UK,” Ecoworld international’s CEO Datuk Teow Leong Seng said at a press conference here in the capital city today.

It’s chairman Datuk Liew Kee Sin said that he concurred with Datuk Francis’ view of YTL that there will be opportunities to tap from this fallout in the UK.

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