The Securities and Exchange Commission of Cambodia (SECC) approved an application last week to list power infrastructure provider Pestech Cambodia. This will pave the way for the firm to begin its initial public offering (IPO).
Revenue Group Bhd, a Malaysia-based cashless payment solutions provider, has unveiled plans to expand its business in Cambodia and Myanmar, saying it will use some part of the capital it raises from an initial public offering (IPO).
Riversgold, an Australian gold exploration startup, will use the proceeds of its upcoming initial public offering (IPO) to acquire and develop mineral exploration projects in Australia, the US and Cambodia, according to a company prospectus.
Earlier this month Sihanoukville Autonomous Port (PAS) became the fifth listed firm on the Cambodian Securities Exchange (CSX) following an initial public offering that raised $27 million. The Post’s Brian Ng sat down with Shuzo Shikata, CEO of SBI Royal Securities (SBIR), the sole underwriter of the IPO, to discuss the state-owned port operator’s journey to becoming a public listed company.
Shares in Sihanoukville Autonomous Port (PAS), the state-owned enterprise that operates Cambodia’s only deep-sea port, debuted on Cambodia’s stock exchange yesterday after an initial public offering that raised $27 million.
The initial public offering of the state enterprise that operates Cambodia’s largest seaport was fully subscribed, raising nearly $27 million for the purchase of land and equipment for expansion, the IPO’s underwriter said yesterday.
Subscription for the initial public offering of Sihanoukville Autonomous Port (SAP) opened yesterday, with its underwriter predicting a strong investor response following an oversubscribed bookbuilding exercise late last month.
Sihanoukville Autonomous Port (SAP), the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) yesterday for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors.
Sihanoukville Autonomous Port (SAP) kicked off a road show and bookbuild process for its initial public offering (IPO) yesterday to prospective investors, following the announcement last month that it would seek to become the fifth listed company on Cambodia’s sleepy stock exchange.
The state-owned enterprise that operates Cambodia’s only deep-sea port officially announced that it will launch its six-day bookbuild and public roadshow starting next Tuesday with an expected initial public offering (IPO) on the Kingdom’s stock market set for May 31, the company’s sole underwriter said yesterday.