Cambodia could see 7 to 10 companies on the stock exchange by the end of next year
PHNOM PENH—Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. More…
Cambodian Prime Minister Hun Sen (R) speaking during a launching ceremony at the Cambodian Securities Exchange (CSX) in Phnom Penh.
Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. More…
People stand inside the trading room at the Cambodia Securities Exchange in April
reposted from The China Post
By Pauline Chiou
I visited the Cambodian Stock Exchange (CSX) last September in the heart of Phnom Penh. It had officially “opened” a few months prior but no companies were listed yet. The trading room was filled with new desks and computer monitors, waiting for someone to power them on. Fast-forward seven months and the stock exchange is now starting to breathe signs of life— there is now one company trading on the exchange. On April 18, the Cambodian Stock Exchange started trading with the initial public offering (IPO) of the state utility company, “Phnom Penh Water Supply Authority.” More…
Kim Bong Soo, chairman and chief executive officer of Korea Exchange Inc
Cambodia’s stock market, which is set to open next week after several delays, may be able to lure five-to-10 initial public offerings a year, according to Korea Exchange Inc., the Cambodian government’s partner in the bourse.
State-owned Phnom Penh Water Supply Authority (PPWSA) will start trading on April 18, while Telecom Cambodia and Sihanoukville Autonomous Port are preparing to go public, Kim Bong Soo, Korea Exchange’s chairman and chief executive officer, said in an April 9 interview at his Seoul office. More…
Reposted from The Cambodia Daily
By Hul Reaksmey
The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal, the general director of the Securities and Exchanges Commission of Cambodia, said yesterday. More…
The PPWSA to start taking bids on the 15% equity being listed.
Reposted from The Cambodia Daily
By Philip Heijmans and Hul Reaksmey
The Phnom Penh Water Supply Authority (PPWSA) will begin taking bids from investors tomorrow in order to determine the price and number of shares it will issue during its long-awaited initial public offering on Cambodia’s stock exchange, the company’s general director said yesterday. More…
Cambodia Securities Exchange
Feb. 8 (Bloomberg) — Investors in Cambodia, tied with Yemen as the world’s 164th-cleanest country for doing business, face risks in a planned stock market because of ineffective financial and legal systems, the country’s exiled opposition leader said. More…
Cambodia Securities Exchange
Reposted from Today
By Avelyn Ng
SINGAPORE – The Cambodia Securities Exchange was launched more than 6 months ago but activity has remained muted. However, things may change soon with the listing of three state-owned companies: Phnom Penh Water Supply Authority, Sihanoukville Autonomous Port and Telecom Cambodia. More…
