Cambodia

Phnom Penh Special Economic Zone (PPSEZ) has reached the last stage in going public, wrapping up bookbuilding for what will be Cambodia’s fourth float. Chief financial officer Fong Nee Wai told GlobalCapital Asia that the strong presence of Thai investors took him by surprise, but the IPO's success was thanks to them.

Phnom Penh Special Economic Zone (PPSEZ) is in the final stage of its listing process, having wrapped up bookbuilding for institutional investors for Cambodia’s fourth ever IPO. The company’s chief financial officer Fong Nee Wai told GlobalCapital Asia that the outcome that surprised him the most was the strong presence of Thai accounts in the book.

Six lenders have joined a $50m two year borrowing for the Cambodian arm of Vietnamese telecommunications company Viettel.

Phnom Penh Special Economic Zone (PPSEZ) is set to become the fourth IPO on the Cambodian Stock Exchange after gaining regulatory approval to list.

International Finance Corp has signed a memorandum of understanding with the Securities and Exchange Commission of Cambodia to help the country improve its corporate governance standards to attract more foreign investment.

Phnom Penh Special Economic Zone (PPSEZ) is poised to be the fourth stock to list on the Cambodian Stock Exchange, receiving the thumbs up from the country’s securities regulator.

Cambodia’s Union Commercial Bank has approached the loan market for a $100m three year fundraising. The borrower is majority owned by Taiwan’s E.Sun Commercial Bank.

The Cambodia Securities Exchange (CSX) is set to welcome only its third IPO since the bourse opened in 2012, as a state-owned port operator looks to list this month. While progress has been slow in its equity capital market, rising interest from foreign investors and a much-needed push from the government may turn the tide. John Loh reports.

The Cambodia Securities Exchange (CSX) is set to welcome the third IPO on its bourse, with state-owned Phnom Penh Autonomous Port (PPAP) scheduled to price a $6.41m listing this month.

Duo leads Tata Chem’s sterling financing — ONGC to net $1.775bn from four — Viettel Cambodia beams $50m loan — Minsheng Leasing trims borrowing to $150m

Yingda International Leasing, a company owned equally by General Electric and China’s State Grid Corp, has raised the size of its three year offshore borrowing to Rmb600m ($94m) from Rmb500m, partially exercising a greenshoe option.

An $80m four year loan for Cambodian borrower Khmer Brewery has received a commitment from a Taiwanese bank. The deal, which has three banks at the helm, is targeting banks that have some presence in the southeast Asian nation.