Sihanoukville port poise to list on CSX

Sihanoukville Autonomous Port (PAS) is poise to list on the Cambodia Securities Exchange (CSX) following a book-building process to determine what price to offer in an initial public offering (IPO). Seng Chan Thoeun, head of corporate finance at SBI Royal Securities, said the result of the final rate per share from book-building was sent to the Securities and Exchanges Commission of Cambodia (SECC) after the close of the process yesterday. According to Chan Thoeun, the SECC will announce today the final rate per shares to be offed to the public in the IPO. PAS is scheduled to list on the CSX by the end of the month, and will become the firth company on the bourse joining Phnom Penh Special Economic Zone Plc, Phnom Penh Autonomous Port, Grand Twins International (Cambodia) Plc and the Phnom Penh Water Supply Authority. (Source: Khmer Times)