News

Listed firms lax on fiscal reports

Six weeks since the close of the fiscal first half, none of the four listed companies on Cambodia’s stock exchange have issued their required half-year financial statements, and one firm has not disclosed any financial data since 2014 – casting doubts on the tiny bourse’s ...

Kali Kotoski
http://www.phnompenhpost.com/business/listed-firms-lax-fiscal-reports

Chinese firm floats proposal for rail link to capital’s port

A Chinese state railway construction contractor has approached the government with a bid to conduct a feasibility study on connecting the capital’s river port to the Kingdom’s sole operating railway line, a state official said yesterday. ...

Kali Kotoski
http://www.phnompenhpost.com/business/chinese-firm-floats-proposal-rail-link-capitals-port

Phnom Penh Port profits up

The first quarter earnings of the publicly listed Phnom Penh Autonomous Port (PPAP) were up by more than 10 percent in comparison to the same period last year thanks to the Kingdom’s steady economic growth and the company’s efforts in streamlining its expansion. ...

May Kunmakara
http://www.khmertimeskh.com/news/26369/phnom-penh-port-profits-up/

PPAP board adds first independent directors

Phnom Penh Autonomous Port (PPAP) held its first general shareholder meeting last week, electing its first independent board members in a bid to ensure greater transparency in corporate governance, a company official said yesterday.   ...

Post Staff
http://www.phnompenhpost.com/business/ppap-board-adds-first-independent-directors

Cargo projections fall short at capital port

Phnom Penh Autonomous Port (PPAP), which operates the capital’s river port, reported a decline in container traffic during the first quarter of the year, raising questions about the newly listed company’s ability to meet its double-digit revenue and earnings projections – though analysts say it ...

Cam McGrath
http://www.phnompenhpost.com/business/cargo-projections-fall-short-capital-port

PPSEZ sets timeline for delayed IPO launch

After numerous delays, industrial park operator Phnom Penh Special Economic Zone announced yesterday that it had finalised a timeline for the launch of its upcoming initial public offering, and would kick off a five-day bookbuilding session starting on April 18 and hold a public roadshow ...

Kali Kotoski
http://www.phnompenhpost.com/business/ppsez-sets-timeline-delayed-ipo-launch

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

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

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/

PPAP share offer fully subscribed

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, successfully raised $5.2 million in an initial public offering that was more than 1.4 times oversubscribed, its underwriter said yesterday.Subscription for 4.1 million shares, a 20 per cent stake, of the port ...

Cam McGrath and Sorn Sarath
http://www.phnompenhpost.com/business/ppap-share-offer-fully-subscribed

Share price set for port’s $5.2M IPO

Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, priced its shares at 5,120 riel ($1.26) following a bookbuild to institutional investors as it looks to raise $5.2 million in an initial public offering, according to disclosure documents released yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/share-price-set-ports-52m-ipo

Port IPO road show kicks off

On course to become the third listed company on Cambodia’s stock exchange, Phnom Penh Autonomous Port (PPAP) kicked off a road show for its initial public offering (IPO) yesterday to prospective investors.PPAP, the state enterprise that operates Cambodia’s second-largest port, is seeking to raise up ...

Cam McGrath
http://www.phnompenhpost.com/business/port-ipo-road-show-kicks

PPAP seeks to generate $6.4M in IPO

The state enterprise that operates Cambodia’s second-largest port is looking to raise up to $6.4 million in its initial public offering (IPO) and float 20 per cent of its shares on the stock market in December, according to a company draft prospectus released yesterday. ...

Cam McGrath
http://www.phnompenhpost.com/business/ppap-seeks-generate-64m-ipo

PPAP cargo throughput up despite road rivalry

Cargo traffic through Phnom Penh’s Autonomous Port grew more than 6 per cent for the first nine months of 2015, with around 108,700 TEUs of goods passing through the port, according to data released by the port yesterday.​​ ...

Sorn Sarath
http://www.phnompenhpost.com/business/ppap-cargo-throughput-despite-road-rivalry

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

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

Phnom Penh Port Cargo Up 15 Percent on Last Year

The amount of cargo entering Cambodia through the Phnom Penh Autonomous Port increased 14.92 percent over the first 10 months of the year compared to the same period in 2011, a port official said yesterday. “We are seeing that the major imports are construction equipment ...

http://www.cambodiadaily.com

Cargo at Phnom Penh Port Jumps 15.24 Percent

The amount of cargo entering Cambodia through the Phnom Penh Autonomous Port has increased 15.24 percent through the first nine months of this year, compared to the same period last year, a port official said yesterday. Hei Bavy, general director of the Phnom Penh Autonomous Port, ...

Phnom Penh Autonomous Port pushes for IPO

Following a government push for Cambodia’s largest state-owned firms to list on the Cambodia Securities Exchange, Phnom Penh Autonomous Port (PPAP) said yesterday that it plans to float on the newly launched bourse. The port would join Telecom Cambodia and Sihanoukville Autonomous Port, both of which ...

http://www.phnompenhpost.com/index.php/2012072557594/Business/phnom-penh-autonomous-port-pushes-for-ipo.html

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