More companies must list for the CSX to be a success
One of the personalities closely associated with the development of the stock exchange in Cambodia, Morten Kvammen, a director at SBI Royal Securities, says the CSX needs more companies to list in order to be successful. Kvammen, a graduate of the Wharton School of Finance and a former fund manager in the Middle East, makes the case that investors want exposure to any economy that underlies the stock exchange in any market. “Investors will want to invest to get exposure to the underlying economy. You need companies listed that represent each sector of the economy,” he says. “We would like to see more companies from the private sector coming to the market in areas such as banking, finance, mobile telecommunications and agriculture, including both plantations and processing like rice millers.”…
