Economy and commerce
Securities exchange (stock market)
PPSC sells 14m shares in private placement
Phnom Penh Special Economic Zone (PPSP) recently issued more than 14 million shares, bringing its total number of shares to nearly 71.9 million, according to an announcement made by the company during a press conference Friday. ...
Chea Vannak
https://www.khmertimeskh.com/50543396/ppsc-sells-14m-shares-in-private-placement/
PPSP and PAS report strong performances
Phnom Penh Special Economic Zone (PPSP) and Sihanoukville Autonomous Port (PAS) – both public companies listed in Cambodia’s nascent stock market – reported solid growth during the first half of the year. ...
May Kunmakara
https://www.khmertimeskh.com/50522980/ppsp-and-pas-report-strong-performances/
Acleda looking to go public
Twenty-five percent of Acleda Bank’s shares will soon be available for trading as stakeholder ASA Plc announced late Wednesday, its plan to list on the Cambodia Securities Exchange (CSX). Acleda Securities Plc president and CEO Prom Visoth noted that the move could potentially double the ...
Hor Kimsay
https://www.phnompenhpost.com/business/acleda-looking-go-public
CSX aims to boost awareness with deal
The Cambodia Securities Exchange (CSX) signed a partnership agreement with a business development company on Monday in an attempt to increase awareness about the country’s stock market among entrepreneurs. ...
Hor Kimsay
http://www.phnompenhpost.com/business/csx-aims-boost-awareness-deal
Government denies rumours of national cryptocurrency
Government officials today shot down rumours that Cambodia would be issuing its own national cryptocurrency, despite international media coverage and a high-profile government official’s plan to attend an event organized by the company responsible for the claims. ...
Hor Kimsay and Robin Spiess
http://www.phnompenhpost.com/business/government-denies-rumours-national-cryptocurrency
CSX launches app and website to teach public about securities investment
The Cambodia Securities Exchange (CSX) yesterday officially launched a website and an app to help investors and the public achieve a better understanding of the stock market. ...
Sum Manet
http://www.khmertimeskh.com/50111821/csx-launches-app-website-teach-public-securities-investment/
CSX-listed companies report moderate growth
Most companies listed in the local stock market reported slow business performances in 2017, according to unaudited financial statements filed to the Cambodia Securities Exchange (CSX) on Monday. ...
May Kunmakara
http://www.khmertimeskh.com/50109670/csx-listed-companies-report-moderate-growth/
ADB issues guide to local bond market
Aiming to inject momentum into their nascent debt markets, the Asian Development Bank (ADB) released yesterday bond market guides for Cambodia and Myanmar. ...
May Kunmakara
http://www.khmertimeskh.com/50106084/adb-issues-guide-to-local-bond-market/
Malaysian firm to list on Cambodian stock market
Cambodia’s fledgling stock exchange could receive a much-needed boost after Malaysian-owned power infrastructure provider Pestech Cambodia officially submitted its application for an initial public offering on the CSX, industry insiders said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/malaysian-firm-list-cambodian-stock-market
PPSEZ to issue 14 million new shares
CSX-listed Phnom Penh SEZ Plc has announced it will issue 14 million new shares after securing shareholder approval on Friday during a general meeting. ...
Sok Chan
http://www.khmertimeskh.com/5098013/ppsez-issue-14-million-new-shares/
NBC gives banks, MFIs greenlight to issue bonds
The National Bank of Cambodia (NBC) announced on Friday that local banks and microfinance institutions (MFIs) can now issue corporate bonds or list equity securities on the nascent Cambodian stock market, a move industry insiders claim will help financial institutions raise capital and be less ...
Hor Kimsay
http://www.phnompenhpost.com/business/nbc-gives-banks-mfis-greenlight-issue-bonds
SECC lays down new dispute regulations
The Securities and Exchange Commission of Cambodia (SECC) has issued new regulations and procedures for solving disputes involving parties operating in the securities sector. ...
Post Staff
http://www.phnompenhpost.com/business/secc-lays-down-new-dispute-regulations
Corporate bonds edging closer to launch
Cambodia’s market regulator has finalised regulations for establishing a corporate bond, moving one step closer to introducing a new capital market tool that would allow companies to raise funds for expansions, debt refinancing or acquisitions, officials announced yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/corporate-bonds-edging-closer-launch
Sihanoukville port rides wave of increasing container traffic
Sihanoukville Autonomous Port (PAS), which operates the Kingdom’s only deepsea port, reported a modest increase in container traffic during the first six months of the year, compared to a year earlier, a trend its director said should result in higher profits for the listed company. ...
Hor Kimsay
http://www.phnompenhpost.com/business/sihanoukville-port-rides-wave-increasing-container-traffic
Flexibility measures weighed for CSX
Cambodia’s capital market regulator will meet soon to discuss a proposal to permit market orders for trading stocks on the Kingdom’s bourse, a move that would give investors more flexibility when buying or selling shares, officials have said. ...
Brian Ng
http://www.phnompenhpost.com/business/flexibility-measures-weighed-csx
Smooth sailing for port’s IPO
Earlier this month Sihanoukville Autonomous Port (PAS) became the fifth listed firm on the Cambodian Securities Exchange (CSX) following an initial public offering that raised $27 million. The Post’s Brian Ng sat down with Shuzo Shikata, CEO of SBI Royal Securities (SBIR), the sole underwriter ...
Brian Ng
http://www.phnompenhpost.com/business/smooth-sailing-ports-ipo
Platform to unify online trading for CSX
A central online trading platform expected to launch by the end of the year will allow investors to trade securities listed on the local stock market using a desktop computer or smartphone. ...
Brian Ng
http://www.phnompenhpost.com/business/platform-unify-online-trading-csx
Local bond market on the horizon
The government is preparing legislation to regulate the establishment of a corporate bond market that would give local companies a new debt instrument to raise capital for their operations or expansion. ...
Brian Ng
http://www.phnompenhpost.com/business/local-bond-market-horizon
Naga CEO Lip Keong seeking majority stake
Nagacorp Ltd, the operator of Phnom Penh’s NagaWorld hotel and casino complex, announced that the company’s chief executive, Chen Lip Keong, has submitted a proposal to shareholders and the Hong Kong Stock Exchange that would allow him to divest his personal investment of $369 million ...
Post Staff
http://www.phnompenhpost.com/business/naga-ceo-lip-keong-seeking-majority-stake
Seaport debuts on stock market
Shares in Sihanoukville Autonomous Port (PAS), the state-owned enterprise that operates Cambodia’s only deep-sea port, debuted on Cambodia’s stock exchange yesterday after an initial public offering that raised $27 million. ...
Brian Ng and Hor Kimsay
http://www.phnompenhpost.com/business/seaport-debuts-stock-market
Profits sink in Q1 for capital industrial park
Listed industrial park operator Phnom Penh SEZ reported revenue of $1.46 million for the first quarter of 2017, a decline of $1.72 million, or nearly 54 percent, compared with the same period last year, according to a filing yesterday on the Cambodia Securities Exchange. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/profits-sink-q1-capital-industrial-park
CSX listed companies show good Q1 results
Two listed state-owned enterprises – Phnom Penh Water Supply Authority (PPWSA) and Phnom Penh Autonomous Port (PPAP) showed better results in the first quarter of the year due to a rise in revenue. ...
May Kunmakara
http://www.khmertimeskh.com/news/38598/csx-listed-companies-show-good-q1-results/
Port IPO opens to subscribers
Subscription for the initial public offering of Sihanoukville Autonomous Port (SAP) opened yesterday, with its underwriter predicting a strong investor response following an oversubscribed bookbuilding exercise late last month. ...
Cam McGrath
http://www.phnompenhpost.com/business/port-ipo-opens-subscribers
Net profit surges at capital’s water utility
The capital’s state-owned water utilities firm Phnom Penh Water Supply Authority (PPWSA) reported strong earnings in the first quarter of 2017, according to a filing to the Cambodian stock exchange (CSX) yesterday. ...
The Phnom Penh Post Staff
http://www.phnompenhpost.com/business/net-profit-surges-capitals-water-utility