PPWSA posts its Q2 profits
Phnom Penh Water Supply Authority (PPWSA) earnings recovered slightly during the second quarter of the year off the back of increased public water usage, officials said. In a filing to the Cambodia Stock Exchange last week, the PPWSA posted $2.7 million in profits for the second ...
GTI price drops on day one
After a five-month IPO process steeped in anticipation, Grand Twins International ended its first day on the Cambodia Securities Exchange (CSX) with results many observers found disappointing. GTI shares opened yesterday’s session at 9,700 riel ($2.41), with a ceremonial bell ringing at the CSX’s head office. ...
Two’s company at CSX
It may not have all the glitter, adrenaline or the iconic tolling bell of Wall Street, but today, the usually deserted Cambodian Stock Exchange (CSX) will be a hive of activity. After first hinting at an initial public offering more than two years ago, garment manufacturer ...
Grand Twins’ listing date official, but late
The Cambodian Stock Exchange (CSX) has approved Grand Twins International’s (GTI) final submission of IPO documents and issued an official listing date of June 16. “Cambodia Securities Exchange has a great honor to inform the public that Grand Twins International (Cambodia) Plc is approved to be ...
Grand Twins again delays bourse listing
Grand Twins International (Cambodia) Co. Ltd., a Phnom Penh-based manufacturer of clothes for U.S. athletic brands, has again delayed its listing on the Cambodia Securities Exchange (CSX), officials said Wednesday. The company was expected to list Thursday, but technical problems prevented it from doing so, according ...
Momentum building for GTI
The next stage of Grand Twins International’s (GTI) listing on the Cambodia Stock Exchange – public subscriptions – has had a positive response, according to the head of one of the country’s brokerage firms. Svay Hay, CEO of Acleda Securities, a registered broker for GTI, said ...
Garment maker to list at $2.41 per share
Grand Twins International, Cambodia’s second stock exchange listing, will list at the lower end of its expected buy-in range, an announcement on the Phnom Penh Securities (PPS) website said yesterday. GTI is to begin trading on May 29 with nine million shares at $2.41 each, according ...
Daniel de Carteret
Cambodia's second stock listing delayed
A Taiwanese-owned garment maker has delayed its planned Cambodia listing by three weeks, setting back what would be just the second initial public offering to be held in this developing Southeast Asian nation. Grand Twins International (Cambodia) PLC now plans to list on May 29, according ...
Chun Han Wong
Grand Twins sets listing date
Taiwanese garment manufacturer Grand Twins International says it will officially list and start trading on the Cambodia Stock Exchange (CSX) on May 8 after spending several weeks whipping up interest from local investors, whose appetite remains on the low side so far. Stanley Shen, a spokesman ...
Firm begins process to determine IPO share price
Grand Twins International (Cambodia) Plc., a manufacturer of clothes for U.S. athletic brands, on Monday will begin recording investor demands to determine the price for an initial public offering (IPO) as part of the last steps to list on the Cambodian Stock Exchange (CSX), though ...
Water Authority Share Price Hits New Low
The usually static share price of the Phnom Penh Water Supply Authority (PPWSA), still the only company listed on the Cambodia Securities Exchange (CSX), fell Monday to its lowest price since it began trading more than two years ago. At the close of business Monday, the ...
Kingdom’s bourse missing some magic
At the headquarters of the Cambodia Securities Exchange on the 25th floor of Canadia Tower, something seems to be missing. Here, in Phnom Penh’s business heart, the sights typically associated with trading shares – gesticulating, shouting traders, the confusing hand signals, the buzz in the air ...
Garment IPO May Arrive in Time for Polls
After the listing of Taiwanese-owned garment company Grand Twins International (Cambodia) Plc on the Kingdom’s stock exchange was delayed indefinitely, its underwriter said yesterday that the firm hopes to list before the national elections in late July. According to the underwriter, Phnom Penh Securities (PPS) Plc, ...
Investment Or Imperialism? Tracking China's Big Ambitions In Cambodia
A few years ago this scene would have played out in China. More specifically, it would have played out in a Chinese coastal region to which millions of rural folks had arrived looking for work. A huge hangar, piles of fabrics of all colors at both ...
Garment firm to list on CSX
The Taiwanese-owned garment company Grand Twins International (Cambodia) Plc says it intends to list on the Cambodia Securities Exchange (CSX) next month, in a boost for the Kingdom’s nascent stock market. Phnom Penh Securities (PPS), an underwriter for Grand Twins International (GTI), said yesterday the company ...
The week at the CSX: Nov 26th - Dec 5th
Stock trading at the Cambodia Securities Exchange of the only publicly listed company, Phnom Penh Water Supply Authority, slightly fluctuated in terms of both trading volume and price in the last five trading days from Nov. 26 to Dec. 5. On Nov. 26, one day before ...
Cambodia's Securities Exchange set to add more listings
Cambodia’s Securities Exchange (CSX) may have its first private company listing early next year with Grand Twin International, a Taiwanese-owned garment factory, submitting its letters of intention to the Securities Exchange and Commission of Cambodia (SECC). Industry representatives and government officials believe the listing will be ...
Cambodia Bourse Sees End to IPO Drought
Cambodia’s stock market is set for a revival early next year when initial public offerings are expected by at least four local companies, ending a drought for a bourse that has hosted just one listing since its trading debut in April. State-owned Telecom Cambodia and Sihanoukville ...
The Week at the CSX - Sept 6-12, 2012
The price of Phnom Penh Water Supply Authority stock over the Sept 6-12 period fluctuated between KHR 6,350 (US $1.57 and KHR 6,300 (US $1.55). The price on Sept. 6, KHR 6,350 fell to KHR 6,300 (US $1.58) on Sept 7 and remained there ...
The Week at the CSX
The price of Phnom Penh Water Supply Authority stock over the Sept. 6-12 period fluctuated between KHR 6,350 (US$1.57) and KHR 6,300 (US$1.55). The price on Sept. 6, KHR 6,350, fell to KHR 6,300 (US$1.58) on Sept. 7 and remained there until climbing to KHR 6,350 ...