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Cambodia Securities Exchange (CSX) launch set for May, official says
THE Cambodia Securities Exchange will launch officially in May, officials said Sunday.
Hong Sok Hour, general director of the Cambodia Securities Exchange, said that the process to establish the CSX would be completed in early April and officially inaugurated in May.
“We’re preparing to register [CSX] at the Commerce Ministry. After it’s registered, we will apply for a licence at the SECC, possibly sometime next month,” he said, referring to the Securities and Exchange Commission of Cambodia.
An unnamed SECC official told the Post on February 11 that the CSX would be inaugurated this month.
The exchange would be housed at an as-yet-undecided temporary location ahead of the launch of trading at a new four-storey building in Camko City, a development on the outskirts of Phnom Penh.
“We do not want to disclose anything about the interim building for CSX because it’s under negotiation,” said Hong Sok Hour.
SECC Director General Ming Bankosal said Sunday the CSX licence would not take long to process, and that the procedure had already been discussed.
Comment
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Comment by Thlang Channak on April 18, 2012 at 5:04pm -
Today is the first day for our history with CSX (Cambodia Stock Exchange). I will keep this opportunity in my hold life. I am very happy, when I see this ceremony. From now on, Cambodia will make the world know and also make the investor back to think again.
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Comment by Kheng Nhep on July 11, 2011 at 5:17pm
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It is exciting to hear about the CSX new born, cannot wait when it is up and running.
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Comment by MyBestConsult on March 5, 2010 at 9:01am -
CSX need to be approved first before any securities company be licensed. The reason is that the Securities Firms that help companies to listed in the stock exchange and do underwriting service need to apply to CSX to get approval before they can apply to SECC. So we will wait and see how the process will be? whether it is step by step or at the same time.
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Comment by THAI Sangva Ream on March 5, 2010 at 1:59am -
Cambodia Securities Exchange (CSX): Optimist or Pessimist and why?
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