PESTECH lists its shares on CSX
/ August 13, 2020
Power Transmission provider PESTECH (Cambodia) Plc successfuly listed its on the CSX on Wednesday, becoming the seventh company to do so. For its initial public offering (IPO), the company issued 3.9 miilion new shares or 5.26% of its enlarged total shares at the price of $0.76 per share. PESTECH Cambodia executive chairman Paul Lim said that the 1.83-fold oversubscription reflects public confidence in the outlook for the company. (Source: Phnom Penh Post)
