Canadia subsidiary buys 15% stake in CVI

29 March 2012
The Phnom Penh Post
Banking and financial services / Economy and commerce / Investment
Cambodia-Vietnam Insurance Plc / Canadia Bank / Diamond Island Development Co Ltd / ICDD / Investment and Development Company of Cambodia / Stake

Diamond Island Development Co Ltd, owned by Canadia Bank, yesterday bought a 15 per cent stake in Investment and Development Company of Cambodia (IDCC)’s Cambodia-Vietnam Insurance Plc. The companies declined to give the value of the stake. Ngay Mengly, sales officer at Cambodia-Vietnam Insurance Plc, said the company would provide insurance to Canadia’s clients. …

http://www.phnompenhpost.com/index.php/2012032955307/Business/canadia-subsidiary-buys-15-stake-in-cvi.html

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