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ECG to have more overseas offices, franchisees

MD and CEO Eric Cheng is gunning for higher profit margins through offshore ventures

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"Today's agency is not about size and numbers . . . You can merge and acquire companies, but we need to know how to stay profitable by increasing the margins," said Mr Cheng.

Singapore

HAVING its financial muscle beefed up with the backing of a listed parent company, ECG Property Services is in major expansion mode. It is setting up two more overseas offices in the next six months and aims to ramp up its new franchise arm with at least six franchisees in the