Stock market

The Securities and Exchange Commission of Cambodia (SECC) has made slow progress in reining in unlicensed operations since issuing its first derivatives trading licence nearly a year ago. To date, only six licences have been issued, while at least as many unlicensed firms continue to ...

Shanghai-listed Guangzhou Yuetai Group will purchase $49.2 million in assets in Cambodia by buying a 45 percent stake in a local property development firm and a 19 percent stake in a Cambodian import-export company, the company said in a filing yesterday. ...

The capital’s listed water utility posted higher revenue against lower earnings during the third quarter of the year in a filing to the Cambodian stock exchange yesterday. Phnom Penh Water Supply Authority (PPWSA) saw its revenue rise by $1 million, or 8 percent, year-on-year to $13.9 ...

The 50 percent drop in revenue of the Phnom Penh Special Economic Zone (PPSEZ) recently announced for the first nine months of the year is due mainly to a significant decline in land sales, a senior official said yesterday. According to the initial, un-audited revenue statement ...

Malaysian telecom giant Axiata Group will consider divesting a portion of its stake in Cambodian mobile operator Smart Mobile in a bid to free up capital to “pursue opportunities”, including infrastructure expansion and future acquisitions, a company executive said yesterday. ...

Industrial park operator Phnom Penh SEZ, which became the fourth company on Cambodia’s stock exchange when it listed in May, released its audited 2015 annual report and 2016 half-year financials yesterday, reporting declines in revenue and net profit over the past 18 months on slower ...

Two of Cambodia’s four publicly listed companies released their financial reports for the second quarter of 2016 yesterday, with both showing moderately healthy profits. ...

A new initiative aimed at encouraging more trading on Cambodia’s persistently quiet stock exchange will allow securities underwriters and dealers to become liquidity providers who can hold and trade shares in listed companies. ...

The Cambodia Securities Exchange (CSX) ─ listed Phnom Penh Water Supply Authority (PPWSA) saw its profits plunge by more than 65 percent in the first quarter of this year with total revenue declining by more than 20 percent in the same period. ...

Shares in Phnom Penh SEZ debuted on Cambodia’s nascent stock exchange yesterday morning, ending the day at 2,890 riel ($0.71), down slightly more than 3 per cent from its opening price of 2,980 riel after an underwhelming level of trading. ...

Emerald Resources NL, an Australian mining firm with interests in Cambodia, will relist on the Australian Securities Exchange (ASX) on Tuesday following the company’s compliance with chapters 1 and 2 of the exchange’s listing rules and rule 11.1.3, the company said in a filing yesterday. ...

Thai financing firm Group Lease Plc posted a record-high 222.17 million baht ($6.3 million) net profit from its operations in the first quarter of the year, a 101.5 per cent increase from the same period a year earlier, driven by improvements in its Thai operations ...

Six months since Cambodia’s market regulator officially launched derivatives trading in Cambodia, Phnom Penh Securities Plc is poised to become the first local securities firm to legally trade the complex and little-understood financial instrument. ...

After an unexpected surge in Thai investor interest, Phnom Penh SEZ Plc has secured sufficient commitments to fully cover the strategic and bookbuild share allocations of its initial public offering (IPO), and has determined an issue price for shares to be listed on the Cambodian ...

Phnom Penh SEZ Plc, which operates the country’s busiest industrial park, launched its IPO public roadshow yesterday, pitching its solid track record and growth potential to prospective investors that it hopes will sink up to $11.6 million into the company’s initial public offering on the ...

The Phnom Penh Special Ec­o­nomic Zone (PPSEZ) was given clearance on Wednesday to begin final preparations for listing on the country’s stock exchange, according to a statement released by the Securities and Exchange Com­­mission of Cambodia (SECC).    ...

Malaysian power infrastructure provider Pestech International has announced plans to list one of its indirect wholly owned Cambodian subsidiaries on the local stock exchange. ...

Cambodia’s security regulator has slashed transaction fees on securities by half in its latest bid to stimulate interest in the Kingdom’s lacklustre stock exchange. ...

In September, the Cambodia Securities Exchange (CSX) an­nounced a new initiative to im­prove access to financing for cash-strapped small and medium-sized enterprises (SMEs). ...

Revenue for the state-owed Phnom Penh Water Supply Authority (PPWSA) surged more than 40 percent last year from 2014, according to a preliminary report released last week. ...

Cambodia’s two international ports – the Phnom Penh Autonomous Port (PPAP) and Sihanoukville Autonomous Port (SAP) – yesterday reported increases in container traffic last year, with the latter looking to go public this year in a bid to fund an expansion plan. ...

Share prices of Phnom Penh Autonomous Port (PPAP), Cambodia’s second-largest port, have been rising steadily since their December 9 debut, while the volume of shares changing hand has been heavier compared to the two other companies listed on the Cambodia Securities Exchanges (CSX), officials say.  ...

Cambodia’s first listed company, the Phnom Penh Water Supply Authority, yesterday reported a 41 per cent drop in profits after tax for the quarter ending September 30, with the company attributing the drop to an increase in expenses incurred over the quarter. ...

Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for ...