M’sian developers with exposure to Brexit give assurance

SP Setia has a 40% stake in the Battersea property development

PETALING JAYA: Two Malaysian developers with exposure to the UK have assured that their investments there will not be adversely hit by the fluctuation of the British pound due to the Brexit vote.

SP Setia Bhd said the impact of the fluctuation of the pound on its Battersea project would be confined to an accounting effect.