South Korean and Cambodian officials toll a bell during the opening ceremony of the Cambodia Securities Exchange (CSX) last week

Cambodia’s first securities issue, an offering of shares in Phnom Penh Water Supply Authority, has attracted considerable interest among foreign investors, market sources said.

Svay Hay, director of Acleda Securities Plc, a unit of Acleda Bank Plc which was transfer agent for the issue, said foreigners accounted for around a third of the subscription in the primary market. He said these investors were mainly from China, South Korea, Japan, Vietnam and Europe. More…