ECG to have more overseas offices, franchisees
MD and CEO Eric Cheng is gunning for higher profit margins through offshore ventures
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 next 18 months.
This follows swiftly ECG's opening of four overseas offices in Taiwan, Cambodia, Japan and Malaysia since Singapore-listed Teho International completed the S$17 million takeover of ECG in November.
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