​AWS to sell Cambodian arm to its local partner | Phnom Penh Post

AWS to sell Cambodian arm to its local partner

Business

Publication date
07 November 2016 | 07:11 ICT

Reporter : Post Staff

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Asia Wiring Systems (AWS), a subsidiary of global technology investment firm DeClout, will sell a controlling stake in its Cambodian branch to its local partner, according to industry reports.

Ly Sakhun, who already holds a 45 percent stake in AWS (Cambodia), will purchase the remaining shares of the company for $570,000. The firm provides communications and connectivity solutions to enterprises.

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