​Jardine invests $34m in Cambodia’s ACLEDA | Phnom Penh Post

Jardine invests $34m in Cambodia’s ACLEDA

Business

Publication date
02 August 2010 | 08:00 ICT

Reporter : Ellie Dyer

More Topic

THE strategic wing of multinational corporation Jardine Matheson bought a 12.25 percent stake in Cambodia’s ACLEDA bank for US$34 million, nearly three times the book price, according to its first half report. When the purchase was first announced last year, ACLEDA president In Channy said the book value of the stake was $12.51 million. The sum involved was at the time undisclosed.

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]