PPWSA’s IPO price determined at 6,300 riel/cp

Mar 27th at 11:36
27-03-2012 11:36:30+07:00

PPWSA’s IPO price determined at 6,300 riel/cp

Under the approval from the Securities and Exchange Commission of Cambodia (SECC), Initial Public Offering (IPO) price of Phnom Penh Water Supply Authority is determined at 6,300 riel/cp with the advice of TONGYANG Securities (Cambodia) Plc.

During the first stage of book building, there are 514 successful investors and 337 unsuccessful investors. The biggest successful pre-calculation amount is 474,143 shares and the smallest is 57 shares.

A successful investor from the book building refers to an investor who has selected in its Book Building Form, a price that is equal to or higher than the offering price.

PPWSA shall refund the 10% deposit to the unsuccessful investors from the book building or keep it in case where any one of such unsuccessful investors decides to continue to participate in the subscription process.

The second stage (subscription) will begin from 29 March to 04 April 2012.

PPWSA is expected to list and have the first trading session on April, 18 with the trading band of 90-150% book-building price.

Downloads:

* List of Successful Investors PPWSA's Book Building

* List of Unsuccessful Investors PPWSA's Book Building

Phuoc Pham



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