Search form

Login - Register | FOLLOW US ON

Logo of Phnom Penh Post newspaper Phnom Penh Post - Listing number two for CSX

Listing number two for CSX

It's been a long time coming but after more than two years a second company is finally set to list on the nascent Cambodian Stock Exchange today.

Grand Twins International is going public with what amounts to a 20 percent stake of the company and will raised $20 million in liquidity.

Significantly, Grand Twins International, a garment manufacturer, is the first private company to list on the exchange - a positive sign in a country with few state-owned enterprises.

But coming in $2.41 a share, not everyone is overly enthusiastic about the price of the stock.

Latest Video

Paris Peace Agreements

Anniversary met with animosity

Anti-Vietnamese sentiment strong at commemoration of Paris Peace Agreements.

Veterans

Veterans short-changed

Former soldiers, many disabled, travel far to the capital in their almost decade long battle to regain lands promised to them in return for defecting from the Khmer Rouge.

Factory

Factory floor collapses

Garment workers lucky to escape with minor injuries after accident in Takeo province.