Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Bourse gives nod to port’s IPO application

Bourse gives nod to port’s IPO application

Bourse gives nod to port’s IPO application

Cambodia Securities Exchange (CSX) granted its approval in principle of the listing eligibility review application of Phnom Penh Autonomous Port (PPAP), the exchange announced on its website yesterday.

The listing eligibility review is required in order for PPAP to list and trade its securities on Cambodia’s stock exchange.

The CSX will forward the port operator’s financial statements and documentation to the Securities and Exchange Commission of Cambodia (SECC) for final approval.

PPAP, a state enterprise that operates Cambodia’s second-largest port, has said it is seeking to raise funds for expansion by launching an initial public offering on the CSX.


  • Breaking: PM says prominent human rights NGO ‘must close’

    Prime Minister Hun Sen has instructed the Interior Ministry to investigate the Cambodian Center for Human Rights (CCHR) and potentially close it “because they follow foreigners”, appearing to link the rights group to the opposition Cambodia National Rescue Party's purported “revolution”. The CNRP - the

  • Rainsy and Sokha ‘would already be dead’: PM

    Prime Minister Hun Sen on Sunday appeared to suggest he would have assassinated opposition leaders Sam Rainsy and Kem Sokha had he known they were promising to “organise a new government” in the aftermath of the disputed 2013 national elections. In a clip from his speech

  • Massive ceremony at Angkor Wat will show ‘Cambodia not in anarchy’: PM

    Government officials, thousands of monks and Prime Minister Hun Sen himself will hold a massive prayer ceremony at Angkor Wat in early December to highlight the Kingdom’s continuing “peace, independence and political stability”, a spectacle observers said was designed to disguise the deterioration of

  • PM tells workers CNRP is to blame for any sanctions

    In a speech to workers yesterday, Prime Minister Hun Sen pinned the blame for any damage inflicted on Cambodia’s garment industry by potential economic sanctions squarely on the opposition party. “You must remember clearly that if the purchase orders are reduced, it is all