Woori ruled out of Prasac bid

South Korean financial giant Woori Bank, widely seen as the preferred bidder for a 50 per cent stake in Cambodian microlender Prasac, is out of the running as it was not presented to the central bank as an official bidder, local banking officials have said. …

Hor Kimsay
http://www.phnompenhpost.com/business/woori-ruled-out-prasac-bid