KUALA LUMPUR: Experts are mixed over the country’s foray into digital tokens offering via initial exchange offerings (IEOs) as many investors remain sceptical on this investment platform. An IEO is a strong platform, but there are many concerns related to unscrupulous for this investment platform,” he told the New Straits Times (NST) recently. IEO will also be suitable for technology companies however, he said Malaysia still lags in terms of having bigger tech-savvy community. But it is still early for investors to determine the ROI for this investment platform,” he said. "This reflected weaker market sentiment due to US-China trade war, geopolitical tension and softer corporate earnings.

Source: New Strait Times February 09, 2020 03:33 UTC