Port gets green light to list on Cambodian stock exchange
The Securities and Exchange Commission of Cambodia has given the Phnom Penh Autonomous Port preliminary approval to make an initial public offering on the country’s fledgling bourse, which the state-run firm expects to join in early December.
Should it succeed, the port will be only the third firm to list on the stock exchange.
The exchange commission’s approval, which came on 7 October, means the company can start a book-building exercise to determine the exact number of shares to put on the market, and the initial price.
