Cambodia: Sihanoukville port operator still on course for IPO

Cambodia: Sihanoukville port operator still on course for IPO

Thu, 28 July 2016 – The state operator of Cambodia?s only deep-water port remains on course to float shares on the stock exchange and is seeking ways to speed up the listing.

Officials at Sihanoukville Autonomous Port (SAP) met with representatives of the Ministry of Economy and Finance yesterday to discuss the remaining steps the company must complete ahead of its planned initial public offering (IPO) on the Cambodia Securities Exchange (CSX), according to Ty Sakun, the SAP official who heads the company?s IPO team.

?We have a strong commitment and willingness to complete the listing procedures,? he said. ?We are actively trying to solve the issues in order to ensure a successful IPO.? Read More?