K-KONSULT Aplus, a joint-venture between Cambodian-owned Aplus Consulting and K-Konsult Corporation from Malaysia, became the Kingdom's 22nd assurance and auditing firm following the signing Friday of a joint-venture deal in Phnom Penh.

"We know that Cambodia is set to create its stock market by the year's end, so an auditing firm is a good investment," K-Konsult Aplus General Manager Kong Kosal said Sunday.

Ngy Tayi, undersecretary of state at the Ministry of Finance and chairman of the National Accounting Council, said "the joint venture is a sign of continued confidence and trust from investors in Cambodia".