Bag firm plans to grow local operations

11 January 2018
The Phnom Penh Post
Economy and commerce / Garments and textiles / Investment / Ministry of Commerce
Aldo Group / Generalised System of Preferences (GSP) / Nine West Holdings / Seang Thay

Wah Sun Handbags International Holding unveiled plans yesterday to expand its Cambodia operations, citing the country’s low labour costs as the primary reason for the move. In a filing on the Hong Kong Stock Exchange, the handbag manufacturer announced plans to raise up to $18 million from an initial public offering, 45 percent of which would be used to fund several new projects in the Kingdom. …

 Hor Kimsay
http://www.phnompenhpost.com/business/bag-firm-plans-grow-local-operations

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