News
$300M maiden sovereign-bond issue set to begin on Sept 7: NBC
The National Bank of Cambodia (NBC) announced that it will float the 100 billion riel ($25 million) first tranche of its 1.2195 trillion riel maiden sovereign-bond issue on September 7, which financial experts point out will allow the government to diversify funding sources for national ...
May Kunmakara
https://www.phnompenhpost.com/business/300m-maiden-sover-eign-bond-issue-set-begin-sept-7-nbc
Cambodia, Shanghai bourses strike key MoU
The Cambodia Securities Exchange (CSX) and Shanghai Stock Exchange (SSE) are joining forces to explore cooperation on information sharing, personnel exchanges, and joint research for financial product development. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-shanghai-bourses-strike-key-mou
Phnom Penh SEZ gets $10M in investment
Two regional companies have invested nearly $10 million to acquire 14 million shares in the Phnom Penh Special Economic Zone Plc (PPSEZ) – one of five companies listed on the Cambodia Securities Exchange (CSX) – in what is considered the first ever private offering by ...
Kun Kourchettan
https://www.phnompenhpost.com/business/phnom-penh-sez-gets-10m-investment
Smooth sailing for port’s IPO
Earlier this month Sihanoukville Autonomous Port (PAS) became the fifth listed firm on the Cambodian Securities Exchange (CSX) following an initial public offering that raised $27 million. The Post’s Brian Ng sat down with Shuzo Shikata, CEO of SBI Royal Securities (SBIR), the sole underwriter ...
Brian Ng
http://www.phnompenhpost.com/business/smooth-sailing-ports-ipo
Seaport debuts on stock market
Shares in Sihanoukville Autonomous Port (PAS), the state-owned enterprise that operates Cambodia’s only deep-sea port, debuted on Cambodia’s stock exchange yesterday after an initial public offering that raised $27 million. ...
Brian Ng and Hor Kimsay
http://www.phnompenhpost.com/business/seaport-debuts-stock-market
Port operator’s IPO share price set near high tide mark
Sihanoukville Autonomous Port (SAP), the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) yesterday for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. ...
Cam McGrath
http://www.phnompenhpost.com/business/port-operators-ipo-share-price-set-near-high-tide-mark
Seaport operator cruises toward IPO
The state-owned enterprise that operates Cambodia’s only deep-sea port is aiming to raise $27 million by floating a 25 percent stake on the Kingdom’s stock market, a company executive said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/seaport-operator-cruises-toward-ipo
PPAP to pay out dividends
Phnom Penh Autonomous Port (PPAP) will distribute a cash dividend of 1,059,039,488 riel ($261,148), or 256 riel per share, to its private shareholders for its 2016 operations, the port operator said in a filing to the Cambodian Securities Exchange (CSX). ...
Post Staff
http://www.phnompenhpost.com/business/ppap-pay-out-dividends
T-Shop eyeing growth with plan for IPO
T-shop Cambodia, a Phnom-Penh based electronics distributor, is planning an aggressive push into the provinces through company-owned and franchise outlets, and will look to raise capital for expansion by offering shares on the local stock exchange, the company’s CEO said yesterday. ...
Hor Kimsay
http://www.phnompenhpost.com/business/t-shop-eyeing-growth-plan-ipo
Stock market to boost SMEs
Small and Medium Enterprises (SMEs) may soon be listed on the Cambodian stock exchange, following the signing of a memorandum of understanding (MoU) between the Federation of Associations for Small and Medium Enterprises (FASMEC) and the Securities and Exchange Commission of Cambodia (SECC) on Thursday. ...
Sok Chan
http://www.khmertimeskh.com/news/30295/stock-market-to-boost-smes/
PPSP reports decline in revenue, net profit
Industrial park operator Phnom Penh SEZ, which became the fourth company on Cambodia’s stock exchange when it listed in May, released its audited 2015 annual report and 2016 half-year financials yesterday, reporting declines in revenue and net profit over the past 18 months on slower ...
Kali Kotoski
http://www.phnompenhpost.com/business/ppsp-reports-decline-revenue-net-profit
Firms put out Q2 financial reports
Two of Cambodia’s four publicly listed companies released their financial reports for the second quarter of 2016 yesterday, with both showing moderately healthy profits. ...
Hor Kimsay
http://www.phnompenhpost.com/business/firms-put-out-q2-financial-reports
GTI announces 2015 dividend payout
Garment manufacturer Gran d Twins International (GTI) will pay out a reduced cash dividend for 2015 as a result of net profits dropping by 70 per cent last year compared to 2014, the company said yesterday in a filing to the Cambodian Securities Exchange (CSX). ...
Post Staff
http://www.phnompenhpost.com/business/gti-announces-2015-dividend-payout
GTI profits rise 157 per cent
After posting an overall decline in profit of 70 per cent in 2015, Grand Twins International (GTI), the only publicly traded garment firm, reported bullish earnings for the first quarter of this year signalling hope that the manufacturer could launch a winning streak. ...
Kali Kotoski
http://www.phnompenhpost.com/business/gti-profits-rise-157-cent
Fourth IPO kicks off roadshow
Phnom Penh SEZ Plc, which operates the country’s busiest industrial park, launched its IPO public roadshow yesterday, pitching its solid track record and growth potential to prospective investors that it hopes will sink up to $11.6 million into the company’s initial public offering on the ...
Cam McGrath
http://www.phnompenhpost.com/business/fourth-ipo-kicks-roadshow
Finance Ministry Denies Sovereign Bond Reports
The Ministry of Economy and Finance (MEF) has denied media reports the government will issue dollar-denominated sovereign bonds using Bangkok-based Twin Pine Consulting as advisers to raise more money and reduce reliance on foreign loans. ...
May Kunmakara
http://www.khmertimeskh.com/news/23913/finance-ministry-denies-sovereign-bond-reports/
Pestech plans to list subsidiary on CSX
Malaysian power infrastructure provider Pestech International has announced plans to list one of its indirect wholly owned Cambodian subsidiaries on the local stock exchange. ...
Cam McGrath
http://www.phnompenhpost.com/business/pestech-plans-list-subsidiary-csx
Securities transaction fees reduced
Cambodia’s security regulator has slashed transaction fees on securities by half in its latest bid to stimulate interest in the Kingdom’s lacklustre stock exchange. ...
Sor Chandara
http://www.phnompenhpost.com/business/securities-transaction-fees-reduced
Quach restructures, sets course for likely IPO
Mengly J. Quach Holdings (MJH), an umbrella for companies engaged in education, health care, food, media and financial services, is undergoing a restructuring and audit, and plans to spin off of its core educational arm ahead of a possible listing on the Cambodian stock exchange, ...
Cam McGrath
http://www.phnompenhpost.com/business/quach-restructures-sets-course-likely-ipo
Stock market rings in PPAP
Shares in Phnom Penh Autonomous Port (PPAP) debuted on Cambodia’s sleepy stock exchange yesterday morning, ending the day at 5,140 riel ($1.28), down 1.15 per cent from the 5,200 riel opening price, after a lukewarm session of sideways trading that dashed some investors’ hopes for ...
Cam McGrath
http://www.phnompenhpost.com/business/stock-market-rings-ppap
Share price set for port’s $5.2M IPO
Phnom Penh Autonomous Port (PPAP), the state enterprise that operates Cambodia’s second-largest port, priced its shares at 5,120 riel ($1.26) following a bookbuild to institutional investors as it looks to raise $5.2 million in an initial public offering, according to disclosure documents released yesterday. ...
Cam McGrath
http://www.phnompenhpost.com/business/share-price-set-ports-52m-ipo
GTI sees its revenues drop in fourth quarter
Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013. ...
Hor Kimsay
http://www.phnompenhpost.com/gti-sees-its-revenues-drop-fourth-quarter
GTI sees its revenues drop in fourth quarter
Grand Twins International, the second firm to list on the Cambodian Securities Exchange, reported $13.27 million in revenues during the last three months of 2014, down 28.6 per cent from its figures reported in 2013. ...
Hor Kimsay
http://www.phnompenhpost.com/gti-sees-its-revenues-drop-fourth-quarter
New CSX tools aim to lure traders
Trading on Cambodia’s fledgling stock market will become easier after the bourse announced two new tools aimed at improving usability and access to the exchange platform. A January 14 statement released by the Cambodian Securities Exchange (CSX) said two new trading methods, “continuous trading” and “trading ...
Eddie Morton
http://www.phnompenhpost.com/business/new-csx-tools-aim-lure-traders