Investing in the stock exchange can be a successful way of making money, whether as a source of additional cash to supplement income, generating “passive income” or even in achieving “financial freedom”.
The Cambodia Securities Exchange (CSX) on September 1 said it had approved SBI Royal Securities Plc (SBIR) as a liquidity provider (LP) for the common stocks of Sihanoukville Autonomous Port (PAS) and DBD Engineering Plc over two-year terms, in an apparent bid to lend the two listed firms more credibility and potential to impress public investors.
The Securities and Exchange Regulator of Cambodia (SERC) on August 20 said it is conducting legal proceedings against besieged GoldFX Investment Co Ltd with the Phnom Penh Municipal Prosecutor’s Office.
Six companies with securities listed on the Cambodia Securities Exchange (CSX) reported a recovery in business performance in the second quarter of this year over the early days of the health crisis, on the back of the rapid pace of the Covid-19 vaccination programme in the region and beyond.
The Securities and Exchange Regulator of Cambodia (SERC) is joining forces with international multilateral development banks to scale up sustainable finance in the Kingdom’s securities market, and to coordinate training and capacity building initiatives, according to SERC director-general Sou Socheat.
The Cambodia Securities Exchange (CSX) on August 3 said it is not involved in a fraud dispute concerning derivatives broker GoldFX Investment Co Ltd.
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.