South Korean-owned Phnom Penh Commercial Bank Plc (PPCBank) announced a first coupon payout to investors in its second bond despite unrest in the Cambodian economy fuelled by the spread of the Covid-19 pandemic.
Three cooperate-bond-listed firms on February 15 reported solid business-performance recovery in the fourth quarter of last year resulting from proactive government measures that kept economic activities afloat despite the spread of the Covid-19 pandemic.
In a first for the Cambodia Securities Exchange (CSX), shares of a listed bond were traded on the secondary market on November 24, data from the bourse show.
South Korea-owned PPCBank President and CEO Shin Chang-moo said on Thursday the 40 billion Riel ($10 million) raised from the bank’s second bond offering will be used to expand loans to small and medium-sized enterprises.
South Korea-owned Phnom Penh Commercial Bank Plc (PPCBank) announced it will list a second bond offering on the Cambodia Securities Exchange (CSX) on Thursday to raise another $10 million.
Bond-listed PRASAC Microfinance Institution Plc reported a sound business performance in the second quarter of this year.
Automotive, heavy equipment, engineering and food services conglomerate RMA (Cambodia) Plc (RMAC) on Thursday officially listed its first corporate bond on the Cambodia Securities Exchange (CSX).
South Korean-owned Phnom Penh Commercial Bank (PPCBank) has decided to split the issuance of its 80 billion riel corporate bonds ($19.7 million) into two phases due to the Covid-19 development.