News
Skepticism on liquidity providers
Almost two weeks after the Cambodia Securities Exchange (CSX) announced that it was accepting applications for the newly approved liquidity providers (LPs) option, it admitted yesterday that no one had yet applied, as insiders said they were still unsure of the program. ...
May Kunmakara
http://www.khmertimeskh.com/news/29363/skepticism-on-liquidity-providers/
PPWSA profits plunge 65%
The Cambodia Securities Exchange (CSX) ─ listed Phnom Penh Water Supply Authority (PPWSA) saw its profits plunge by more than 65 percent in the first quarter of this year with total revenue declining by more than 20 percent in the same period. ...
May Kunmakara
http://www.khmertimeskh.com/news/26616/ppwsa-profits-plunge-65-/
Push to get SMEs listed on CSX
For small and medium sized Cambodian enterprises hoping to list on the local stock market – the Cambodia Securities Exchange (CSX) – there is now an opportunity to realize their dream of seeing their stocks traded. ...
May Kunmakara
http://www.khmertimeskh.com/news/25721/push-to-get-smes-listed-on-csx/
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/
Higher wages hit GTI bottom line
The increase in the government-set minimum wage in the garment sector and lower prices have hit the bottom line of Grand Twins International (GTI), the only company in the sector listed on the stock exchange. The company yesterday reported revenue for the year ended December 31 ...
May Kunmakara
http://www.khmertimeskh.com/news/23572/higher-wages-hit-gti-bottom-line/
Water authority announces $3 mil dividend
State-owned Phnom Penh Water Supply Authority (PPWSA), one of three companies listed on the stock exchange, will pay out more than $3 million in dividends for 2015 on April 18, a 50 percent increase on 2014, reflecting its improved performance, company officials said. ...
May Kunmakara
http://www.khmertimeskh.com/news/23339/water-authority-announces--3-mil-dividend/
Regulator mulling moves to boost bourse
The Securities Exchange and Commission of Cambodia (SECC) and Cambodia Securities Exchange (CSX) are drafting a regulation to allow the establishment of a liquidity provider in order to attract more interest to the bourse, according to senior official at CSX. ...
May Kunmakara
http://www.khmertimeskh.com/news/22256/regulator-mulling-moves-to-boost-bourse/
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
Grand Twins revenue plunges
Grand Twins International (GTI), one of two listed firms on the Cambodian Stock Exchange, has blamed third-quarter revenue losses on garment-worker demonstrations in December and January. On November 21, GTI posted a 40 per cent decline in revenue to $10.9 million for the three-month period ending ...
Eddie Morton
http://www.phnompenhpost.com/business/grand-twins-revenue-plunges
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 ...
Hul Reaksmey
http://www.cambodiadaily.com/business/grand-twins-again-delays-bourse-listing-59958/
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 ...
Joshua Wilwohl
http://www.cambodiadaily.com/business/firm-begins-process-to-determine-ipo-share-price-53869/
Cambodia's only stock plummets, shares sold off
In another record-breaking low point, shares of the Phnom Penh Water Supply Authority dipped under 5,000 riel by market’s close yesterday, while one investor sold off some 25,000 shares. The price drop came amid heightened tensions in Phnom Penh. Opposition Cambodia National Rescue Party lawmakers followed ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-only-stock-plummets-shares-sold
Cambodia’s bourse sees record low volume
In the frenzied run-up to the national election Sunday, Phnom Penh has been the site of concerts, rallies and streets packed with campaigners. But the energy hasn’t spread to the halls of the Cambodia Securities Exchange. At the close of trading Tuesday, five business days had ...
May Kunmakara
http://www.phnompenhpost.com/business/cambodia%E2%80%99s-bourse-sees-record-low-volume
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 ...
Anne Renzenbrink
http://www.phnompenhpost.com/2013062166422/Business/kingdom-s-bourse-missing-some-magic.html
Water investors criticise return
Holders of shares in the Phnom Penh Water Supply Authority (PPWSA) have criticised the level of dividend payment that they will receive from the company. PPWSA, which is the only company listed on the Cambodia Securities Exchange (CSX), was to pay its first dividend to 1,500 ...
Hor Kimsay
http://www.phnompenhpost.com/2013041165029/Business/water-investors-criticise-return.html
CSX to increase trade times
THE Cambodia Securities Exchange (CSX), the recently established bourse with a single player, will increase the number of trade executions from twice to six times a day, a move that will take effect on March 11. A CSX officer and the managing director of a securities ...
http://www.phnompenhpost.com/2013022861659/Business/csx-to-increase-trade-times.html