On May 30, Phnom Penh SEZ Plc, which operates a 347-hectare industrial park just outside the capital, is set to become the fourth publicly listed company on the Cambodia Securities Exchange (CSX).

The company successfully subscribed 11.5 million shares of its initial public offering (IPO), setting an issue price at 2,860 riel ($0.71) per share.

The company expects to raise $8.2 million for the development of a 53-hectare SEZ on the Thai border near Poipet.