CNRP TV raises $1.5M, abandons share sales model

Opposition leader Sam Rainsy said Thursday that he had secured pledges of at least $1.5 million in funding for the opposition’s planned television station, but had been forced to abandon a share-selling model to raise the funds. A private company created by the CNRP last year received a broadcasting license to begin operating the country’s first opposition-run station, and Mr. Rainsy returned Wednesday from a trip to sell $1,000 shares in the company to expatriate supporters of the CNRP in Europe, Canada and the U.S. …

Alex Willemyns
https://www.cambodiadaily.com/news/cnrp-tv-raises-1-5m-abandons-share-sales-model-85448/