Having recently obtained permission from the Securities Exchange Commission of Cambodia (SECC), Prasac Microfinance Institution Ltd is on its way to becoming only the fourth company to issue bonds in the Cambodia Securities Exchange (CSX).
Phnom Penh Commercial Bank (PPCBank) and Prasac Microfinance Institution Ltd (Prasac) have been granted initial permission to issue bonds on the Cambodia Securities Exchange (CSX).
The Advanced Bank of Asia Limited (ABA Bank), a member of the National Bank of Canada Group and one of the leading commercial banks in Cambodia, traded its first bond earlier this week.
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).