The Securities and Exchange Regulator of Cambodia (SERC) on June 22 approved DBD Engineering Plc for public listing on the Cambodia Securities Exchange’s (CSX) Growth Board. Expected to list later this year, the company will become the first to trade on the bourse’s secondary board which launched back in 2015.
The Cambodia Securities Exchange (CSX) ended the first quarter of this year with a healthy market capitalisation of 9.70 trillion riel ($2.40 billion), surging by 345.73 per cent year-on-year, as the index moved up to a score of 639.36 points, increasing by 8.25 per cent year-on-year, according to the Securities and Exchange Regulator of Cambodia’s (SERC) latest Securities Trading Statistical Bulletin.
Stock-listed Acleda Bank Plc (ABC) on June 15 announced that ASA Plc, an institutional stakeholder, will divest 16.16 per cent of its holdings in the bank – or four per cent of total outstanding ABC shares – to be made available for trading on the Cambodia Securities Exchange (CSX) this year.
An initial public offering (IPO) provides the opportunity for investing in a company that was formerly a privately owned enterprise.
The Cambodia Securities Exchange (CSX) Index maintained a bullish trend and reached peak at 648.33 points mid-lockdown before cooling back down, despite remaining flat in the days prior to the restrictive measure.
Risk is an unavoidable element in any investment, but the magnitude of the risk, whether large or small, depends on the type of product.
The local bourse has logged a sharp increase in trading even as the lockdown enters a third week, according to a senior official at the Cambodia Securities Exchange (CSX).
The Cambodia Securities Exchange (CSX) approved in principle the listing eligibility of a privately-owned small and medium-sized enterprise (SME) on its Growth Board, CSX vice-chairman Ha Jong-weon told The Post on March 22.
The newly-renamed Securities and Exchange Regulator of Cambodia (SERC) and its nine capital-market-regulator counterparts in ASEAN on March 15 signed a new five-year Action Plan 2021-2025 for the development of the sector.
The Securities and Exchange Regulator of Cambodia and Cambodia Securities Exchange (CSX) have vowed to use an online system to facilitate business transactions as well as to keep the market afloat amidst economic uncertainty brought about by the Covid-19 pandemic.