Economy and commerce
Securities exchange (stock market)
Cambodian Public Bank symbolizes close ties between Malaysia and Cambodia
Malaysia’s award-winning Public Bank, which is celebrating its 50th Golden Jubilee this year, is one of the first foreign banks to open its door in Cambodia in 1992. ...
Khmer Time Team
http://www.khmertimeskh.com/news/25641/cambodian-public-bank-symbolizes-close-ties--between-malaysia-and-cambodia/
PPSP begins trading on stock exchange
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. ...
Kali Kotoski
http://www.phnompenhpost.com/business/ppsp-begins-trading-stock-exchange
Emerald back on ASX after turning to gold
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. ...
Post Staff
http://www.phnompenhpost.com/business/emerald-back-asx-after-turning-gold
Group Lease sees spike in Cambodian income
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 ...
Post Staff
http://www.phnompenhpost.com/business/group-lease-sees-spike-cambodian-income
Firm poised to be first licensed derivatives broker
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. ...
Kali Kotoski
http://www.phnompenhpost.com/business/firm-poised-be-first-licensed-derivatives-broker
PPSEZ IPO fully subscribed
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 ...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-ipo-fully-subscribed
Fourth IPO kicks off roadshow
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 ...
Cam McGrath
http://www.phnompenhpost.com/business/fourth-ipo-kicks-roadshow
IFC to help Cambodia's stock market regulator strengthen governance, regulation
The International Finance Corporation (IFC) signed a memorandum of understanding with the Securities and Exchange Commission of Cambodia (SECC) on Thursday to develop a roadmap for strengthening the country’s corporate governance policies and practices. ...
Shanghai Daily Team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=326143
Water authority announces $3 mil dividend
State-owned Phnom Penh Water Supply Authority (PPWSA), one of three companies listed on the stock exchange, will pay out more than $3 million in dividends for 2015 on April 18, a 50 percent increase on 2014, reflecting its improved performance, company officials said. ...
May Kunmakara
http://www.khmertimeskh.com/news/23339/water-authority-announces--3-mil-dividend/
PPSEZ to make final preparations for IPO
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). ...
Kang Sothear
https://www.cambodiadaily.com/news/ppsez-to-make-final-preparations-for-ipo-110499/
Regulator mulling moves to boost bourse
The Securities Exchange and Commission of Cambodia (SECC) and Cambodia Securities Exchange (CSX) are drafting a regulation to allow the establishment of a liquidity provider in order to attract more interest to the bourse, according to senior official at CSX. ...
May Kunmakara
http://www.khmertimeskh.com/news/22256/regulator-mulling-moves-to-boost-bourse/
Pestech plans to list subsidiary on CSX
Malaysian power infrastructure provider Pestech International has announced plans to list one of its indirect wholly owned Cambodian subsidiaries on the local stock exchange. ...
Cam McGrath
http://www.phnompenhpost.com/business/pestech-plans-list-subsidiary-csx
Securities transaction fees reduced
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. ...
Sor Chandara
http://www.phnompenhpost.com/business/securities-transaction-fees-reduced
Bourse urges small firms to consider listing
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). ...
Tej Parikh
https://www.cambodiadaily.com/news/bourse-urges-small-firms-to-consider-listing-108559/
Revenue surges 40 percent at water supplier
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. ...
May Kunmakara
http://www.khmertimeskh.com/news/20582/revenue-surges-40-percent-at-water-supplier/
Positive growth has ports upbeat
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. ...
Sor Chandara
http://www.phnompenhpost.com/business/positive-growth-has-ports-upbeat
Port shares rise 7 percent since debut
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. ...
May Kunmakara
http://www.khmertimeskh.com/news/18986/port-shares-rise-7-percent-since-debut/
PPWSA’s Q3 profit hit by expenses
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. ...
Ananth Baliga
http://www.phnompenhpost.com/business/ppwsas-q3-profit-hit-expenses
Quach restructures, sets course for likely IPO
Mengly J. Quach Holdings (MJH), an umbrella for companies engaged in education, health care, food, media and financial services, is undergoing a restructuring and audit, and plans to spin off of its core educational arm ahead of a possible listing on the Cambodian stock exchange, ...
Cam McGrath
http://www.phnompenhpost.com/business/quach-restructures-sets-course-likely-ipo
Stock market rings in PPAP
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 ...
Cam McGrath
http://www.phnompenhpost.com/business/stock-market-rings-ppap
Third tranche of port shares snapped up swiftly
The third and final tranche of 1.8 million shares in Phnom Penh Autonomous Port’s (PPAP) recent initial public offering (IPO) sold out by the middle of last month, according to Hei Bavy, director general of the state-owned enterprise. ...
Sum Manet
http://www.khmertimeskh.com/news/18432/third-tranche-of-port-shares-snapped-up-swiftly/
Gov’t to crack down on overdue road tax
The General Department of Taxation (GDT) will continue collecting the annual road tax on vehicles due at the end of last month until the end of the year, but will start cracking down on late payments on January 1, it announced. The taxes can be ...
Sok Chan
http://www.khmertimeskh.com/news/18434/gov---t-to-crack-down-on-overdue-road-tax/
Port shares ‘likely to rise’ on market debut
Shares of Phnom Penh Autonomous Port (PPAP) will likely rise when they begin trading on the Cambodia Securities Exchange (CSX) next Wednesday, Han Kyung Tae, managing director of the Yuanta Securities (Cambodia), said yesterday. ...
May Kunmakara
http://www.khmertimeskh.com/news/18263/port-shares----likely-to-rise----on-market-debut/
PPSEZ plans bookbuild for scaled-back IPO
Phnom Penh Special Economic Zone (PPSEZ), the private firm that operates Cambodia’s most developed industrial park, will hold a bookbuild for investors later this month for an initial public offering it hopes will raise up to $11.6 million for expansion and debt repayment, according to ...
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-plans-bookbuild-scaled-back-ipo