ACLEDA, Tong Yang sign MoU

27 October 2011
The Phnom Penh Post
Economy and commerce / Securities exchange (stock market) / Stock market
ACLEDA Bank president and chief executive In Channy / ACLEDA Securities Plc / advisory services / bourse / Cambodian Stock Exchange / CSX / financial markets / Memorandum of Understanding / South Korean aid / Tong Yang president and chief executive You Joon Ryeol / Tong Yang Securities (Cambodia) Plc / trading / underwriting services

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 planning to list on the CSX, officials said yesterday. ACLEDA Bank president and chief executive In Channy pointed to Tong Yang’s experience with its home South Korean markets as a main reason for the partnership, while Tong Yang president and chief executive You Joon Ryeol noted ACLEDA’s reach within the Kingdom…

http://www.phnompenhpost.com/index.php/2011102752376/Business/acleda-tong-yang-sign-mou.html