​Jardines deal by end Feb | Phnom Penh Post

Jardines deal by end Feb

Business

Publication date
28 January 2010 | 08:00 ICT

Reporter : Nguon Sovan

More Topic

HONG Kong-based firm Jardines Matheson will complete the purchase of a 12.25 percent stake in Cambodia’s ACLEDA Bank by the end of next month, Prom Visoth, the bank’s senior vice president and head of the legal and corporate affairs division, said Wednesday. “About 80 percent of the bank’s internal paperwork and purchase papers have been completed so far,” he said. “We think that it will be in February – the latest by which we will complete the … deal.” ACLEDA and Jardines announced in December that the latter would by the stake from Dutch development bank FMO for an undisclosed sum.

Contact PhnomPenh Post for full article

Post Media Co Ltd
The Elements Condominium, Level 7
Hun Sen Boulevard

Phum Tuol Roka III
Sangkat Chak Angre Krom, Khan Meanchey
12353 Phnom Penh
Cambodia

Telegram: 092 555 741
Email: [email protected]