Sihanoukville port raises $27mn from IPO
Sihanoukville Autonomous Port (PAS), Cambodia largest seaport operator, has successfully raised nearly $27mn through its initial public offering (IPO), the IPO underwriter said yesterday...
02nd June 2017
Lotteria opens fifth local branch
South Korean food chain Lotteria, operated locally by Yinkok Food Corp, has expanded in Phnom Penh with its fifth branch opening in Dem Tkov market, according to a local media report yesterday...
31st May 2017
Sihanoukville port’s listing delayed until Jun 8
The listing date for Sihanoukville Autonomous Port (PAS) has been postponed until after commune elections to ensure attendance by senior state officials and distinguished guests, a Cambodia Securities Exchange (CSX) representative said yesterday...
30th May 2017
Acleda issues new ATM cards
Acleda Bank spent about $1mn to produce 800,000 new ATM cards with EMV (Europay, MasterCard, and Visa) chips to enable them to be used globally and also to mitigate the risk of fraud, the bank’s president and group managing director In Channy said last Friday...
29th May 2017
Axiata to sell 10% stake in Smart Cambodia to Mitsui for $66mn
Axiata Group Berhad, one of Asia’s largest telecommunications group in Malaysia, entered into a definitive agreement with Mitsui Co Ltd, one of the largest Japanese trading houses, to sell 10% of its interests in Smart Cambodia at $66mn...
22nd May 2017
Sihanoukville port IPO opens for subscribers
Subscription for the initial public offering of Sihanoukville Autonmous Port (PAS) opened yesterday, with its underwriter expecting a strong investor response following an oversubscribed book-building exercise late last month...
18th May 2017
CamboTicket receives fund for expansion
Local tech startup CamboTicket is looking to improve its bus ticket booking platform after receiving $100K in early-stage funding from Cambodia-based venture capital and project management firm OBOR Capital, its executive said yesterday...
17th May 2017
Sihanoukville port to expand with more aid from Japan
Sihanoukville Autonomous Port (PAS), which is expected to list on the CSX by the end of this month following an initial public offering, may introduce an electronic system for handling import and export procedures with help from the Japanese government...
11th May 2017
Sihanoukville port poise to list on CSX
Sihanoukville Autonomous Port (PAS) is poise to list on the Cambodia Securities Exchange (CSX) following a book-building process to determine what price to offer in an initial public offering (IPO)...
09th May 2017
CPC breaks ground for oil refinery
Cambodia Petrochemical Company (CPC) yesterday broke ground for the Kingdom’s landmark oil refinery, a $1.62bn project with an updated completion date set for the middle of 2019...
05th May 2017
