ព័ត៌មាន
CSX part of a larger capital market system
The Cambodia Securities Exchange (CSX) is an important component of a larger ecosystem of capital markets, according to Eugene Lam, CEO of OSK Indochina Securities Ltd, one of Cambodia’s securities underwriters approved by the Securities and Exchange Commission of Cambodia (SECC). Lam says one of ...
The arrival of the stock market and its implications
It began in November of 2006 with a memorandum of understanding (MOU) between the Ministry of Economy and Finance (MEF) and the Korean Exchange (KRX) titled “The Development of the Securities Market of Cambodia.” A further MOU between the parties in January, 2008 established the Cambodia ...
Underwriter for first IPO bullish on Phnom Penh Water and the CSX
The head of the underwriting team that will launch Cambodia’s first IPO April 18 is Han Kyung Tae, Managing Director of Tongyang Securities (Cambodia) PLC and a South Korean stock market specialist. Tongyang Securities (Cambodia) Ltd. is the Cambodian subsidiary of Tongyang Group, a South ...
The Kingdom’s first IPO
The long awaited first security listing on the Cambodian Securities Exchange became a reality on February 23 with the Security Exchange Commission of Cambodia’s “in principle” approval of Phnom Penh Water Supply Authority’s (PPWSA) “disclosure document for public issuance of equity securities”. This is effectively a ...
http://www.phnompenhpost.com/index.php/2012030854926/Business/the-kingdoms-first-ipo.html
Ban on Thesis Topics Needed, Scholars Say
Academics at the Royal University of Law and Economics defended banning thesis topics for fourth-year students, arguing that subjects such as illegal drug use and land disputes are written about too often at the school. In a Feb. 2 letter posted online and signed by the ...
Law Students Told To Avoid Thesis Topics
Fourth-year students at Phnom Penh’s Royal University of Law and Economics (RULE) have been barred from writing their theses on 14 topics, including Cambodia’s new bourse, according to a letter posted online yesterday. The letter, signed by the university’s research department director Kong Saphon ...
Stock Trading to Start Next Month With Water Authority IPO
The Phnom Penh Water Supply Authority (PPWSA) will become the first publicly traded company on the Cambodian Stock Exchange (CSX) when trading begins on April 18, Ming Bankosal the general director of the Securities and Exchanges Commission of Cambodia said yesterday. “We are planning on ...
City's Water Authority Open to Bids
The Phnom Penh Water Supply Authority (PPWSA) will begin taking bids from investors tomorrow in order to determine the price and number of shares it will issue during its long-awaited initial public offering on Cambodia’s stock exchange, the company’s general director said yesterday. Investors will ...
PPWSA makes pitch to investors before IPO
Trading on the Cambodian Securities Exchange should begin at the end of March as the Kingdom’s first stock, Phnom Penh Water Supply Authority, prepares to consult and share information with potential investors this week. The company would host a “roadshow” for investors in anticipation of its ...
More predictions for CSX start date
The Cambodia Securities Exchange may launch as soon as March or April, according to an official at the Korea Exchange, the Kingdom’s partner in launching its stock market. Final preparations for the CSX’s initial public offerings should be complete at that time, Pat Gil-soo, senior vice-president ...
New securities dealer launches in Kingdom
Golden Fortune Securities, a Cambodian-Chinese joint venture and the Kingdom’s second securities dealer, officially opened its doors yesterday. The company was the most recent of Cambodia’s 13 licensed dealers, brokers and underwriters to launch operations. A date for company listings, or actual Cambodia Securities Exchange operations, was ...
SMEs not yet ready for CSX
Small and medium-sized enterprises, which are expected to play a key role in the Kingdom’s emergent stock market, are far from ready to list, insiders say. Most important, many SMEs lack the standardisations and controls required of publicly traded companies by the Securities and Exchange Commission ...
http://www.phnompenhpost.com/index.php/2011112152859/Business/smes-not-yet-ready-for-csx.html
Private firms plan CSX IPOs
A logistics firm and two garment manufacturers planned to list on the Cambodia Securities Exchange during the second half of 2012, underwriter Phnom Penh Securities said yesterday. The companies are the first known private businesses to confirm their intentions of listing on the Kingdom’s still-dormant bourse. Manufacturing ...
http://www.phnompenhpost.com/index.php/2011110352509/Business/private-firms-plan-csx-ipos.html
ACLEDA, Tong Yang sign MoU
Tong Yang Securities (Cambodia) and ACLEDA Securities yesterday signed a memorandum of understanding to partner the services they offer to the Kingdom’s budding financial markets. To expand their footprint in the market, the companies aimed to provide a combination of advisory and underwriting services for companies ...
http://www.phnompenhpost.com/index.php/2011102752376/Business/acleda-tong-yang-sign-mou.html
Cambodia Security Exchange to begin trading early next year
Cambodian Deputy Prime Minister and Minister of Economy and Finance H.E Keat Chhon said Cambodia Security Exchange (CSX) will begin trading from January 2012. Inaugurated in July, the CSX would be put on hold until next year because some rules and regulations have been being discussed ...
Exchange officials explain IT system
Stock exchange officials were conducting a five-day workshop on the IT system that will allow trading, Securities and Exchange Commission of Cambodia director-general Ming Bankosal said yesterday. The workshop, held in conjunction with the Cambodia Securities Exchange, would also seek feedback on the system’s functionality ...
Water Authority Stock Launch May Be Delayed
It is unclear if the Phnom Penh Water Supply Authority will be ready to launch its initial public offering on Nov 11 as planned, the managing director of Tong Yang Securities, the firm preparing the IPO, said yesterday. “Everyone in this IPO are working very ...
Accounting for the Bourse
Financial experts in the Kingdom yesterday called on the banking sector to implement improved corporate governance and increase transparency in order to ensure confidence in companies ahead of trading on the Cambodian Securities Exchange. Banks in the country have been required to publicly disclose financial ...
http://www.phnompenhpost.com/index.php/2011081751090/Business/accounting-for-the-bourse.html
Caution: Work Ahead
Émile Coué was a French psychologist who introduced a method of self-improvement based on optimistic autosuggestion. “Every day, in every way, I’m getting better and better,” was his mantra. He died in 1926 and probably never visited Cambodia, but his spirit has been hovering over ...
CSX Slated to Start Trading by the End of 2011
While the Cambodia Securities Exchange (CSX) recently opened its doors for business, it’s not quite ready to actually do business. As it currently stands, there is no actual trade taking place, making it the smallest bourse in the world in terms of market capitalization. However, ...
Investment accounts open
Several securities firms are opening accounts, even as the first listing on the Cambodia Securities Exchange are not expected until later this year, company officials said yesterday. The CSX was launched on July 11 without any listed firms, though state-owned Telecom Cambodia, Phnom Penh Water Supply ...
http://www.phnompenhpost.com/index.php/2011072850678/Business/investment-accounts-open.html
Property sector recovery highlighted
Cambodia’s property sector is said to be recovering from the global financial crisis according to experts. There has been a 10 percent increase in the number of transactions since 2009 with foreign investment a key aspect of the growth. The formation of anti-corruption laws has ...
Cambodia Stock Exchange to Push Transparency
When the Cambodia Securities Exchange (CSX) was officially launched on Jul. 11 there were no companies listed because of a drive to ensure that everything was above board. “We want to assure full transparency,” says Huot Pum, the deputy director-general of the Securities and Exchange Commission ...
Marwaan Macan-Markar
http://www.ipsnews.net/2011/07/cambodia-stock-exchange-to-push-transparency/
Laos, Vietnam indicate the way
Stock exchanges in Laos and Vietnam are being used for comparison when trying to determine the model that the Cambodia Securities Exchange (CSX) will take. The CSX has opened officially but no trading has begun. Cambodia’s stock exchange is expected to be more successful than ...
http://www.phnompenhpost.com/index.php/2011071250327/Business/laos-vietnam-indicate-the-way.html