The Cambodia Securities Exchange (CSX) granted its approval in principle on a bond listing eligibility review to Advance Bank of Asia Limited (ABA Bank), it said on Tuesday.
Advanced Bank of Asia Limited (ABA Bank), a National Bank of Canada Group member, will become the third bond issuer in the Cambodian capital market after it obtained approval from the National Bank of Cambodia (NBC), it announced on Friday.
Cambodia's second corporate bond issued by microfinance firm LOLC (Cambodia) Plc officially listed in the Cambodia Securities Exchange (CSX) on Friday, after it was completely purchased by institutional investors when the subscription period ended on April 26.
LOLC (Cambodia) Plc is set to issue corporate bonds late next month, one month later than initially planned, as the firm’s proposal has only been granted two of three required approvals.
LOLC (Cambodia) Plc is set to become the second issuer of corporate bonds in Cambodia after obtaining an approval for bond issuance from the National Bank of Cambodia (NBC) on Friday, the company revealed on Monday.
Cambodian microfinance institution (MFI) Hattha Kaksekar Ltd (HKL) yesterday kicked off a roadshow for its first ever corporate bond in the Kingdom.
Hattha Kaksekar Limited (HKL) is set to become the first company to issue corporate bonds in the Kingdom, and it is doing so to the tune of 80 billion riel ($20 million).
Nagacorp, which operates the NagaWorld casino and hotel in Phnom Penh, has become the first Cambodian issuer of offshore bonds, raising $300 million to endorse further growth of its gaming business and to refurbish hotel rooms, according to the firm’s filing in the Hong Kong Stock Exchange on Tuesday.