CEO Master Club given licence by regulator
CEO Master Club given licence by regulator
The Securities and Exchange Commission of Cambodia (SECC) on Monday issued a licence to CEO Master Club Investment Plc to act as a fund management firm.CEO Master Club Investment founder Om Seng Bora said his company is ready to work with entrepreneurs who need capital to grow their businesses and profits quickly.
“Investors that seek fast and trouble-free returns can invest their money with us,” he said.
CEO Master Club Investment has boosted profit for investors, supported the creation of new products, generated jobs and helped the government increase its revenue from taxes, Seng Bora said.
“As a well-established and reliable local investment firm, CEO Master Club Investment represents an important contribution to the local economy,” he said.
Last month, SECC issued fund management licences to Aegies Fund Management Plc and PLMP Venture Capital Co Ltd. It also approved three trustee companies – Grand Cathay Investment Trust (Cambodia) Plc, Zillion Trust Plc and Vivid Asset Management Co Ltd.
According to SECC, there has been a huge increase in participants in the derivatives market this year, including five new central counterparties, 27 brokers and seven fund management companies.
