Latest addition gives Cambodia's exchange a boost
An imminent IPO by a Malaysian company may help revive investor interest in Cambodia Securities Exchange, which is one of the smallest exchanges in the world.
THE BIG guns of the Cambodian stock market - a "Clean Water Hero" and a liquor and real estate queen - may be able to revive the fortunes of one of the smallest exchanges in the world, with just five listed firms, that has seen thin trading since it began operating in April 2012.
A sixth listing, an imminent initial public offering by a Malaysian company, may also help revive investor interest. On July 10, 2018, Pestech International Bhd announced that it had received Cambodia's approval to list its unit Pestech (Cambodia) Plc on the main board of Cambodia Securities Exchange (CSX).
The IPO of Phnom Penh-based Pestech Cambodia, which constructs electrical substations and transmission lines, will involve up to 3…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Asean
Malaysia’s economy likely grew 3.9% yoy in Q1: advance estimate
A cheat sheet of M&As in South-east Asia
Asean says ‘deeply concerned’ over escalating Myanmar violence
Indonesia awards 45 billion yen contract to Japan’s Sojitz for Jakarta MRT extension
Malaysia’s RHB Bank doubles green loans target to RM50 billion
CGS International aims to grow as a China-Asean nexus: CEO