Asia News Network
Cambodia Securities Exchange (CSX) will be officially launched on July 11, said the Ministry of Economy and Finance last week. [Reuters reported on 30th May that the stock exchange will be delayed till the end of 2011].
CSX will be launched in line with the first securities trading which is scheduled to begin by the end of this year, said the ministry in its press release issued last week.
CSX, whose head office is located at the Canadia Tower in Phnom Penh, is a securities market operator, a securities clearing and settlement facility operator, and a depository operator.
The Securities and Exchange Commission of Cambodia has decided to license 15 stock exchange firms to take part in the operation of stock market in Cambodia.
Three public enterprises - Sihanoukville Autonomous Port, Telecom Cambodia and Phnom Penh Water Supply Authority - will be listed in the CSX.
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