Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - PPAP board adds first independent directors

PPAP board adds first independent directors

Phnom Penh Autonomous Port (PPAP) held its first general shareholder meeting last week, electing its first independent board members in a bid to ensure greater transparency in corporate governance, a company official said yesterday.

Kong Channy, PPAP’s manager of secretariat, said four independent directors were elected to the board for three-year terms.

“Before we only had the state represented on the board and no members from the private sector,” he said.

“Now we will see more lively discussions because we have input from the private sector.”

PPAP, which operates the capital’s river port, floated a 20 per cent stake on the CSX last December.



Please, login or register to post a comment

Latest Video

Turkish Embassy calls for closure of Zaman schools

With an attempted coup against the government of President Recep Erdogan quashed only days ago and more than 7,000 alleged conspirators now under arrest, the Turkish ambassador to Cambodia yesterday pressed the govern

CNRP lawmakers beaten

Two opposition lawmakers, Nhay Chamroeun and Kong Sakphea were beaten unconscious during protests in Phnom Penh, as over a thousand protesters descended upon the National Assembly.

Student authors discuss "The Cambodian Economy"

Student authors discuss "The Cambodian Economy"

Students at Phnom Penh's Liger Learning Center have written and published a new book, "The Cambodian Economy".