PPSEZ sweetens its IPO plan
The book-build and upcoming listing of the capital’s port operator has taken some of the wind out of the sails of the IPO plans Phnom Penh Special Economic Zone (PPSEZ), but the industrial park operator has charted a new course and sweetened its dividend policy to entice potential investors, its chief financial officer said.
PPSEZ, which operates an industrial park on 357 hectares just outside the capital, aims to raise up to $15 million in an initial public offering on the Cambodian Stock Exchange (CSX) to fund its development of a new special economic zone on 53 hectares near the Thai border in Poipet. …
Cam McGrath
http://www.phnompenhpost.com/business/ppsez-sweetens-its-ipo-plan
