Cambodia’s second stock listing delayed

18 April 2014
Wall Street Journal
Economic policy and administration / Economy and commerce / Securities exchange (stock market) / Stock market
Grand Twins International (Cambodia) Plc / IPO / Phnom Penh Securities / Phnom Penh Water Supply Authority

A Taiwanese-owned garment maker has delayed its planned Cambodia listing by three weeks, setting back what would be just the second initial public offering to be held in this developing Southeast Asian nation. Grand Twins International (Cambodia) PLC now plans to list on May 29, according to a statement posted Friday on the website of the IPO’s sole underwriter, Phnom Penh Securities. The company had been preparing for a May 8 listing after completing last month an order-taking process for its up to $28 million IPO. …

 Chun Han Wong
http://online.wsj.com/news/articles/SB10001424052702304626304579509390823129458