Urgent call not to waste water amid shortages
Phnom Penh Water Supply Authority (PPWSA) on Friday appealed to the population and businesses not to waste water as the capital city and Takhmau town face a shortage of water. ...
Prak Chan Thul
Bakheng water plant 90 percent ready, likely to start this year
The Bakheng Water Supply Project, Cambodia’s largest water treatment plant, being developed to meet the rising demand for water in Phnom Penh, is set to be put into operation in the second quarter of this year. ...
Water supply capacity to be extended to meet growing demand
Demand for clean water in Phnom Penh capital is on the rise due to the growing population and constructions in the city. To respond to the current demand, Phnom Penh Water Supply Authority (PPWSA) has planned to attract investments and seek financial support for expansion ...
Water company expects big revenue rise after 2019 loss
State-owned utility Phnom Penh Water Supply Authority (PWSA), the first Cambodian Securities Exchange-listed company, aims to collect substantially more revenue in 2020 after a sharp drop in total revenue last year, according the result of its eighth annual general shareholders’ meeting. ...
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 ...
Phnom Penh to get new water treatment plant
Construction is to begin this month on a $40 million water treatment plant to help Phnom Penh meet a growing demand for clean water, following an official contract signing ceremony Friday. The plant, called Niroth 2, is the second stage in a massive water treatment facility ...
Holly Robertson and Kang Sothear
Interested, but not yet committed
From the finance to the education sector, the interest from companies looking to list on Cambodia’s nascent stock exchange is on the rise, a CSX official said yesterday, after a meeting with some of the Kingdom’s largest firms. Some 30 companies, the CSX say, are eyeing ...
Daniel de Carteret and May Kunmakara
PPWSA profit for Q1 down 60 pct over previous year
Phnom Penh Water Supply Authority (PPWSA) – the first listed company on the Cambodian stock exchange – has recorded a profit of $1.33 million for the first quarter, a decrease of 60 per cent from the same period last year, according to audited financial statements ...
Slow start for GTI as public firm
Grand Twins International (GTI) ended trading yesterday with a slight decline. The newly listed company was changing hands at 9,480 riel ($2.36) per share at the 1pm close, down from 9,640 riel ($2.40) at the morning’s opening. ...
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. ...
Cambodia's bourse to get 2nd listed firm after over 2-year operation
Cambodia’s fledgling stock market is set to receive the second listed company next Monday after operating with a single listed firm for more than two years, officials said Tuesday. Hong Sok Hour, Chief Executive Officer of the Cambodian Securities Exchange (CSX), said the bourse had approved ...
Shanghai Daily News Staff
CSX gets help from Thailand
Cambodia Securities Exchange (CSX) will partner with the Stock Exchange of Thailand (SET) to bolster technical knowledge and potential investment into Cambodia’s nascent stock market. An agreement between the two financial institutions was signed in Phnom Penh yesterday at the CSX office, a deal that will ...
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 ...
Clean water in pipeline for Kep
The Phnom Penh Water Supply Authority (PPWSA) will invest $1.3 million in a water treatment plant in Kep province to supply clean water to more than 1,000 households there, the company’s head said last week. Speaking at the announcement of PPWSA’s 2013 results in Phnom Penh ...
Cambodia's only listed company predicts 12 pct rise in profit this year
Phnom Penh Water Supply Authority (PPWSA), the single listed company on the Cambodia Security Exchange (CSX), expected a 12 percent surge in profit in 2014, a senior official said Thursday. ...
ASEAN - China Centre News Staff
Failing to sew up support
Cambodian stockbrokers yesterday admitted to a disappointing level of investor interest in Grand Twins International’s (GTI) initial public offering. Garment industry unrest, distrust in the private sector and a lack of liquidity in the market were all said to be discouraging investors from buying into the ...
Phnom Penh Water to hold annual meeting this week
Phnom Penh Water Supply Authority is scheduled to hold this week its annual general meeting of shareholders, the second since its shares were listed two years ago. The meeting is due to take place at the authority’s headquarters in Daun Penh district on Thursday morning. ...
The Cambodia Herald News Staff
Cambodia's only listed firm reports 12.5 pct surge in profit last year
Phnom Penh Water Supply Authority (PPWSA), Cambodia’s only listed company, made a net profit of 9.68 million US dollars in 2013, up 12.5 percent compared with 8.6 million US dollars in a year earlier, the firm ‘s audited financial statement showed Saturday. The statement said the ...
Global Times News Staff
Cambodian, Thai stock market regulators ink cooperation deal
Cambodian and Thai securities market regulatory authorities on Wednesday signed a Memorandum of Understanding (MoU) on consultative cooperation and information exchange in stock markets. The deal was inked between Ming Bankosal, director general of the Securities and Exchange Commission of Cambodia (SECC), and Vorapol Socatiyanurak, secretary ...
Xinhuanet News Staff
Solar move at PPWSA to cut costs
The Phnom Penh Water Supply Authority (PPWSA) installed a solar power generation system last week in an effort to reduce electricity bills by about $200,000 a year. The solar power system, which was funded by the Japanese government, was installed at the PPWSA’s water treatment facility ...
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 ...
Exchange to receive millions
Cambodia’s stock exchange will receive a $2.5 million funding injection from the South Korean government in an attempt to draw more corporate interest from companies who may want to go public, according to a recent report on state media site AKP. The funds will go towards ...