​PPSEZ says 14M shares to be sold to Thai firm | Phnom Penh Post

PPSEZ says 14M shares to be sold to Thai firm

Business

Publication date
25 December 2017 | 08:45 ICT

Reporter : Post Staff

More Topic

Phnom Penh SEZ Plc announced shareholder approval for the issuance of 14 million shares to be sold to Thai-listed logistics provider JWD InfoLogistics and Singaporean logistics management firm Bok Seng Group at its Extraordinary General Meeting on Friday, according to a recent press release.

Lim Chhiv Ho, chairwoman of Phnom Penh SEZ, said the decision was in line with the SEZ’s commitment to increase non-land sales revenue by 50 percent by the year 2020.

Ardisak Boeprasert, investor relations manager and disclosure officer of the Phnom Penh SEZ, said proceeds from the sale – the value of which was not immediately disclosed – would go toward infrastructure development and rental-warehouse projects.

Contact PhnomPenh Post for full article

SR Digital Media
#41 St 228, Phum 4 Sangkat Boeng Rang, Khan Doun Penh, Phnom Penh Cambodia

Tel: Celcard: 078 555 166/ 078 555 133
Smart: 086 822 999 / 086 277 999

Copyright © All rights reserved, The Phnom Penh Post