Cabinet member Abdul Rahman Dahlan believes that it is too early for British Prime Minister David Cameron to announce his resignation following the result of the referendum for Britain to leave the European Union (EU).

“I understand that the sentiments of the British may be as such, but what was shocking was when the British prime minister decided to resign in a situation where Britain needs leadership.

“I think it’s too early for him to resign. He should do it when things are more stable,” Rahman told reporters after attending the Umno supreme council meeting at the party’s headquarters in Kuala Lumpur today.

Cameron announced today, after the results of the British people voting to leave the EU were announced, that he would will resign as the British prime minister by October.

Commenting further on the result of the referendum, Rahman said this meant that everyone must exercise caution and he expressed hope that the move would not affect Malaysia’s economy.

Nevertheless, he admitted that other chances would arise, as evidenced whenever there is an economic crisis.

“One example is our investment in the UK; if the British pound goes down, we would be able to buy more things.

“As a whole, I'm a bit worried with what that is happening in the international market,” Rahman said.

Results from yesterday’s landmark referendum showed Britain voting to leave the European Union, an outcome that is seen as setting the country on an uncertain path.

World financial markets dived as complete results showed a 51.9/48.1 percent vote split for leaving.

The pound sterling suffered its biggest one-day fall of more than nine percent against the US dollar, hitting its lowest level in three decades on market fears the decision will hit investments in the world’s fifth largest economy.