The Cambodian Stock Exchange (CSX) - why is it not working ?

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CEOCambodiaNews
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Re: The Cambodian Stock Exchange (CSX) - why is it not working ?

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Golden Tree Leads the Way in Cambodia’s Sustainable Finance Market with Maiden $1.5M Green Bond Listing
4 days ago
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Golden Tree official bond listing was held on January 19th, 2023, at the CSX building in Phnom Penh.

Golden Tree, one of the leading real estate companies in Cambodia has successfully raised over $1.5 million through the green bond issuance, which plays a crucial role in contributing to the Cambodian government’s mission to become more environmentally friendly while promoting sustainable economic growth.

According to Mr. Oum David, Executive Vice President and Chief Financial Officer of Golden Tree, introducing green bonds to Cambodia will boost the company’s reputation and attract more local and international investors. It is an opportunity for Golden Tree to expand its business while enhancing the growth of the sustainable finance sector in the kingdom.

The company successfully mobilized around $1.5 million from the issuance of its approximately 60,000 green bonds at par value of $25, with a coupon rate of 7 percent per annum and a 5-year maturity date. The bond was underwritten by SBI Royal Securities Plc, with Cambodia Securities Plc as co-underwriter.
Strengthening corporate governance and transparency

H.E Hong Sok Hour, CEO of CSX, commented that the listing of the green bond is comparable to other bond listings. However, the green bond issuance is required to adhere to investment guidelines that leave no harm to the environment. “The green bond listed today reflects the securities sector’s contribution for the positive environment and climate change,” he said.

The local bourse has featured 18 firms, nine of which are listed on the main and growth board, the rest issued bonds. These companies raised over $317 million through their offerings.

Golden Tree’s green bond issuance has received technical support from the Asian Development Bank (ADB) to issue and comply with the standard of ASEAN Green Bond.
In full: https://cambodiainvestmentreview.com/20 ... d-listing/
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CEOCambodiaNews
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Re: The Cambodian Stock Exchange (CSX)

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Three firms aim for Q1 listing on CSX: CEO
May Kunmakara | Publication date 24 January 2023 | 21:30 ICT

Three private companies aim to list in the Cambodia Securities Exchange (CSX) in the first quarter (Q1) ending March 31, in a testament to the growth of the local stock market, which is becoming increasingly evident to the public as a viable source of capital for businesses to expand, according to CSX CEO Hong Sok Hour.

Speaking to The Post on January 24, Sok Hour commented that the locally-owned educational enterprise Mengly J Quach Education Plc (MJQE) is preparing to launch an initial public offering (IPO), while the two other companies plan to issue corporate bonds.

He declined to name the bond issuers, but confirmed that one is a telecommunications company and the other a financial firm.

The three securities will be issued “soon”, he assured, adding that, in the future, “we expect to attract large companies to issue equity or corporate or green [debt] securities to raise additional funds to expand their business”.

Earlier this month, Sok Hour confirmed that MJQE had begun submitting the requisite documents for a listing eligibility review, and planned to finish doing so before the end of January.
https://www.phnompenhpost.com/business/ ... ng-csx-ceo
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