Telecom Cambodia postpones plan to list on local bourse
State-owned fixed-line company Telecom Cambodia’s (TC) plan to join the Cambodia Securities Exchange (CSX) has been postponed indefinitely because of its poor financial performance, reports The Phnom Penh Post. The company will need to redesign its business plan to improve operations, said Sarak Khan, secretary ...
http://www.telecompaper.com/news/telecom-cambodia-postpones-plan-to-list-on-local-bourse--931448
Cambodia's state-Owned telecom firm gets new chief, vowing to improve business operations, revenues
Newly-Appointed Director General of the state-owned Telecom Cambodia (TC) Kim Vikra vowed Monday to enhance the enterprise’s governance in order to improve business operations and revenues. “I am committed to working with all colleagues in order to lead the enterprise to progress,”he said at his official ...
http://news.xinhuanet.com/english/world/2013-03/18/c_132243178.htm
Telecom revenue rose in 2012
CAMBODIA Post (CP), which plans to list on the local bourse, earned 8.1 per cent more revenue year-on-year in 2012, driven in part by its recent transformation from a wholly state-owned delivery company into a semi-autonomous entity. Revenues last year hit more than $4 million, compared ...
http://www.phnompenhpost.com/2013032062037/Business/telecom-revenue-rose-in-2012.html
Water investors criticise return
Holders of shares in the Phnom Penh Water Supply Authority (PPWSA) have criticised the level of dividend payment that they will receive from the company. PPWSA, which is the only company listed on the Cambodia Securities Exchange (CSX), was to pay its first dividend to 1,500 ...
Hor Kimsay
http://www.phnompenhpost.com/2013041165029/Business/water-investors-criticise-return.html
Cambodia's bourse sees slow progress in 1st year of operations
The Cambodia Securities Exchange (CSX) has seen slow progress in its first year of operations because there has been only one listed firm and public knowledge about the stock market remains low, officials said Thursday. The CSX was officially launched trading on April 18 last year ...
Nguon Sovan
http://news.xinhuanet.com/english/world/2013-04/18/c_132320982.htm
Water Authority Share Price Hits New Low
The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...
Hul Reaksmey
http://www.cambodiadaily.com/business/water-authority-share-price-hits%E2%80%88new-low-42002/
Grand Twins’ share price continues to drop
The share price of Grand Twins International, a manufacturer for U.S. athletic apparel brands, on Tuesday sank for the fourth straight day since it was listed on the bourse last week, signaling that its initial listing price was too high, industry analysts said. “The pricing of ...
Hul Reaksmey and Joshua Wilwohl
http://www.cambodiadaily.com/business/grand-twins-share-price-continues-to-drop-62374/
RMA mulls listing its Kingdom food arm
Bangkok-based RMA Group is considering listing its Cambodian food and beverage business, Express Food Group, on the Cambodia Securities Exchange, with a proposed IPO later this year. ...
Ananth Baliga
http://www.phnompenhpost.com/rma-mulls-listing-its-kingdom-food-arm
Grand Twins revenue plunges
Grand Twins International (GTI), one of two listed firms on the Cambodian Stock Exchange, has blamed third-quarter revenue losses on garment-worker demonstrations in December and January. On November 21, GTI posted a 40 per cent decline in revenue to $10.9 million for the three-month period ending ...
Eddie Morton
http://www.phnompenhpost.com/business/grand-twins-revenue-plunges
Water firm calm despite cut
Revenue from the Phnom Penh Water Supply Authority – the first listed company on the Cambodian stock exchange – will be cut 800 million riel ($200,000) per year as the company implements a concession plan to lower water prices. The plan was passed after the government ...
Hor Kimsay
http://www.phnompenhpost.com/water-firm-calm-despite-cut
PPWSA stock to list today
Investors, along with the next two companies expected to list on the Cambodia Securities Exchange, will watch carefully this morning the action on the country’s first initial public offering, nine months after the CSX officially opened. After a book-building process that was 17 times over-subscribed, Phnom Penh ...
http://www.phnompenhpost.com/index.php/2012041855632/Business/ppwsa-stock-floats-today.html
Companies lag on listing rules
Adding its name to a rapidly growing list of private companies, Tonlesap Airlines is gearing up for an initial public offering on the Cambodia Securities Exchange. And like many of these companies, the listing is still years off as Tonlesap prepares the tax and financial information ...
http://www.phnompenhpost.com/index.php/2012083058376/Business/companies-lag-on-listing-rules.html
Follow-up IPOs still on track
Sihanoukville Autonomous Port, one of two state-owned companies slated to list on the Cambodia Securities Exchange this year, yesterday called the price decline in the country’s first publicly traded company worrisome. The eight-day slide in price that neared Phnom Penh Water Supply Authority’s initial public offering ...
http://www.phnompenhpost.com/index.php/2012050956046/Business/follow-up-ipos-still-on-track.html
PM pushes edible exports
Prime Minister Hun Sen yesterday urged Cambodian food and beverage companies to look to export markets. The call, made at the opening ceremony of the Khmer Brewery, came in the wake of similar exhortations from international organisations for Cambodia to diversify its exports. “Now, we are not ...
http://www.phnompenhpost.com/index.php/2012051556160/Business/pm-pushes-edible-exports.html
Workforce Must Improve to Compete in Asean Bloc
Cambodia’s workforce must quickly improve its skills base if it is to compete with other countries in the region when the Asean bloc becomes a single market in 2015, officials said yesterday at a seminar held in Phnom Penh. When the Asean Economic Community goes ahead in ...
Cambodia Securities Exchange market capitalisation up 40%
The Cambodia Securities Exchange (CSX) market capitalisation rose more than 40 per cent last year from 2017, mostly boosted by the rise in the Sihanoukville Autonomous Port (PAS) share price, the CSX said. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-securities-exchange-market-capitalisation-40
GDP files petition over Boeng Tamouk lake reclamation
The Grassroots Democratic Party yesterday submitted a petition to National Assembly President Heng Samrin to seek clarification from the government over the partial reclamation of Boeng Tamouk lake. In 2016, the government issued a sub-decree designating the 3,239-hectare Boeng Tamouk lake in Phnom Penh as ...
Taing Vida
https://www.khmertimeskh.com/50613256/gdp-files-petition-over-boeng-tamouk-lake-reclamation/
Thai, Cambodian SEC sign pact on capital markets
Cambodia and Thailand’s Securities Exchange and Commission (SEC) yesterday signed a memorandum of understanding (MoU) on mutual cooperation for capital market development through cross-listing, dual listing and depositary receipt offerings. ...
Bangkok Post Staff
https://www.bangkokpost.com/business/1752539/thai-cambodian-sec-sign-pact-on-capital-markets
National Assembly seeks more input on Boeng Tamouk Lake project
The National Assembly has asked relevant authorities to clarify if there is any problem related to the reclamation of parts of Boeng Tamouk Lake following a petition filed by the Grassroots Democratic Party. Prach Chan, National Assembly human rights and complaints commission chairman, yesterday said he ...
Taing Vida
https://www.khmertimeskh.com/50622092/national-assembly-seeks-more-input-on-boeng-tamouk-lake-project/
Water authority sees net profit more than halve
Cambodia Securities Exchange (CSX) listed Phnom Penh Water Supply Authority (PWSA) recorded a fall in net profit of more than 53 per cent year-on-year, according to an unaudited report released on the stock exchange. ...
Post Staff
https://www.phnompenhpost.com/business/water-authority-sees-net-profit-more-halve