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Logo of Phnom Penh Post newspaper Phnom Penh Post - Singapore rejects casino's appeal

Singapore rejects casino's appeal

The Monetary Authority of Singapore (MAS) rejected Nagacorp's second attempt to be

registered on the Singapore Exchange. It refused to accept the company's prospectus

for the first time on October 8. MAS stated that concerns about money laundering

and weak legal regulations had not been addressed. It would have been among Cambodia's

first overseas listing and the first casino on the Singapore Exchange.



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