News
PPWSA profits plunge 65%
The Cambodia Securities Exchange (CSX) ─ listed Phnom Penh Water Supply Authority (PPWSA) saw its profits plunge by more than 65 percent in the first quarter of this year with total revenue declining by more than 20 percent in the same period. ...
May Kunmakara
http://www.khmertimeskh.com/news/26616/ppwsa-profits-plunge-65-/
Economic zone gets CSX boost
Thailand-based JWD Infologistics Plc’s recent purchase of a 5.2 percent stake in the Phnom Penh Special Economic Zone Plc (PPSEZ), is expected to give a boost to the local company’s traded share value on the Cambodia Securities Exchange (CSX). ...
Sum Manet
http://www.khmertimeskh.com/news/26106/economic-zone-gets-csx-boost/
Push to get SMEs listed on CSX
For small and medium sized Cambodian enterprises hoping to list on the local stock market – the Cambodia Securities Exchange (CSX) – there is now an opportunity to realize their dream of seeing their stocks traded. ...
May Kunmakara
http://www.khmertimeskh.com/news/25721/push-to-get-smes-listed-on-csx/
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/
Cambodian bourse signs deals with Vietnamese, Laotian stock markets
Cambodia Securities Exchange (CSX) has reached Memorandums of Understanding (MoUs) with Vietnamese and Laotian stock markets, aimed to open ways for better channels of communication between them, said a CSX’s statement on Monday. ...
Shanghai daily's team
http://www.shanghaidaily.com/article/article_xinhua.aspx?id=321551
Business briefs
The Cambodia Securities Exchange yesterday said it had approved “in principle” the eligibility of stated-owned Phnom Penh Autonomous Port (PPAP) to list on the bourse, according to the press release from the exchange. “Cambodia Securities Exchange (CSX) has approved in principle the listing eligibility of ...
Khmer Times team
http://www.khmertimeskh.com/news/16249/business-briefs/
Bourse gives nod to port’s IPO application
Cambodia Securities Exchange (CSX) granted its approval in principle of the listing eligibility review application of Phnom Penh Autonomous Port (PPAP), the exchange announced on its website yesterday. ...
Post Staff
http://www.phnompenhpost.com/business/bourse-gives-nod-ports-ipo-application
Bourse softens listing criteria
For companies looking to float shares on Cambodia’s fledgling stock exchange, the rules have just been made easier.After three years and only two listings, the Securities and Exchange Commission of Cambodia (SECC) has revamped the listing criteria, in a bid to increase the number of ...
Ananth Baliga
http://www.phnompenhpost.com/business/bourse-softens-listing-criteria
Capital’s port on course for IPO
Cambodia Securities Exchange (CSX) will hold a meeting next week to review the submitted financial statements of Phnom Penh Autonomous Port (PPAP), Cambodia’s second-largest port, and to consider its eligibility to list and trade its securities on the stock exchange, a CSX official said yesterday. ...
Sorn Sarath
http://www.phnompenhpost.com/business/capitals-port-course-ipo
Exchange to add three more firms, open board for SMEs
The Securities and Exchange Commission of Cambodia (SECC) confirmed Friday that three more companies will list on the securities market by the end of this year. They are: Phnom Penh Special Economic Zone, Phnom Penh Autonomous Port and Taiwanese-owned TY Fashion(Cambodia) Ltd. ...
Pav Suy
http://www.khmertimeskh.com/news/15672/exchange-to-add-three-more-firms--open-board-for-smes/
Rules passed for derivatives
Cambodia has moved to formalise its ill-regulated derivatives sector by launching a key regulation earlier this month.On July 2, the Securities and Exchange Commission of Cambodia (SECC) approved the prakas on the “Licensing and Supervision of Derivative Trading”. ...
May Kunmakara
http://www.phnompenhpost.com/business/rules-passed-derivatives
Bourse offers primer on disclosure
The Cambodia Securities Exchange (CSX) organized a forum on Tuesday to help companies, investors and students understand the importance of disclosure in the securities market, inviting representatives of the fledgling bourse’s two listed companies to share their experience. ...
Tin Sokhavuth
http://www.khmertimeskh.com/news/12731/bourse-offers-primer-on-disclosure/
GTI to pay 177 riel per share
Garment factory Grand Twins International (GTI), one of the two companies listed on Cambodia’s fledgling stock exchange, will pay 50 per cent of its net income after tax in dividends to shareholders by the 22nd of this month. According to an announcement from the Cambodia Securities ...
May Kunmakara
http://www.phnompenhpost.com/business/gti-pay-177-riel-share
RMA mulls listing its Kingdom food arm
Bangkok-based RMA Group is considering listing its Cambodian food and beverage business, Express Food Group, on the Cambodia Securities Exchange, with a proposed IPO later this year. ...
Ananth Baliga
http://www.phnompenhpost.com/rma-mulls-listing-its-kingdom-food-arm
Firms that list to see tax cut
New and existing companies listed on the Cambodia Securities Exchange (CSX) will have their taxes halved by the Cambodian government, a move that is being labelled as a generous attempt to boost activity on the bourse. The sub-decree, which was signed off by Prime Minister Hun ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/firms-list-see-tax-cut
Grand twins workers go back on strike despite court order
About 5,000 workers from the Grand Twins International (GTI) garment factory in Phnom Penh who have been striking over wages and working conditions briefly returned to their stations Thursday in compliance with a court order, but resumed protesting the next day after rumors spread that ...
Kang Sothear and George Styllis
http://www.cambodiadaily.com/news/grand-twins-workers-go-back-on-strike-despite-court-order-71703/
CSX moves from Canadia Tower to new building
The Cambodia Securities Exchange (CSX) last week made its long awaited move from the 25th floor of Phnom Penh’s Canadia Tower to its new home in a $4-million French colonial-era building on Street 106. The CSX officially moved into the two-story building on September 8, according ...
George Styllis and Kang Sothear
http://www.cambodiadaily.com/business/csx-moves-from-canadia-tower-to-new-building-68091/
Sonatra takes one-year hiatus
Local stock brokerage company Sonatra Securities has announced it will completely dilute its books and put a halt on all business activities from October 1. In a press release posted on Sonatra’s website last week, the firm stated without an explanation that it was suspending all ...
Hor Kimsay
http://phnompenhpost.com/business/sonatra-takes-one-year-hiatus
Phnom Penh to get new water treatment plant
Construction is to begin this month on a $40 million water treatment plant to help Phnom Penh meet a growing demand for clean water, following an official contract signing ceremony Friday. The plant, called Niroth 2, is the second stage in a massive water treatment facility ...
Holly Robertson and Kang Sothear
http://www.cambodiadaily.com/business/phnom-penh-to-get-new-water-treatment-plant-65561/
PPWSA profit for Q1 down 60 pct over previous year
Phnom Penh Water Supply Authority (PPWSA) – the first listed company on the Cambodian stock exchange – has recorded a profit of $1.33 million for the first quarter, a decrease of 60 per cent from the same period last year, according to audited financial statements ...
Hor Kimsay
http://www.phnompenhpost.com/business/ppwsa-profit-q1-down-60-pct-over-previous-year
Slow start for GTI as public firm
Grand Twins International (GTI) ended trading yesterday with a slight decline. The newly listed company was changing hands at 9,480 riel ($2.36) per share at the 1pm close, down from 9,640 riel ($2.40) at the morning’s opening. ...
Eddie Morton
http://www.phnompenhpost.com/business/slow-start-gti-public-firm
GTI price drops on day one
After a five-month IPO process steeped in anticipation, Grand Twins International ended its first day on the Cambodia Securities Exchange (CSX) with results many observers found disappointing. GTI shares opened yesterday’s session at 9,700 riel ($2.41), with a ceremonial bell ringing at the CSX’s head office. ...
Eddie Morton
http://www.phnompenhpost.com/business/gti-price-drops-day-one
Grand Twins again delays bourse listing
Grand Twins International (Cambodia) Co. Ltd., a Phnom Penh-based manufacturer of clothes for U.S. athletic brands, has again delayed its listing on the Cambodia Securities Exchange (CSX), officials said Wednesday. The company was expected to list Thursday, but technical problems prevented it from doing so, according ...
Hul Reaksmey
http://www.cambodiadaily.com/business/grand-twins-again-delays-bourse-listing-59958/
SET assistance goes to Cambodia
The Stock Exchange of Thailand (SET) is providing assistance to the Cambodia Securities Exchange (CSX), a young stock exchange in Asean. Prior to the agreement with Cambodia, the Thai exchange has formed alliances and established collaboration with exchanges in the Greater Mekong Subregion. With its commitment ...
The Nation News Staff
http://www.nationmultimedia.com/business/SET-assistance-goes-to-Cambodia-30234716.html