Leading School Operators Listed on Cambodian Stock Exchange
On Wednesday, Meng Ly J, a private school operator. Kouch Education Case CSX debuted on the Cambodia Securities Exchange (CSX) after an official IPO with a total issuance volume of approximately $ 5 million.Meng Ly J. Kouch Education Case CC, one of the leading private school operators in Cambodia, has become the 11th listed company to officially list its securities on the Cambodian Stock Exchange.The company has 9,966,127 shares, each of which is worth 2,080 riels (according to the company\'s press release submitted to CSX.) $ 5 million.Duke Dr. Kouch Mengly, Founder and CEO of Mengly JSC. \"We currently have 16 branches with more than 20,000 students,\" said Kouch Education CMC. \"The proceeds from the listing will be used to establish more branches.\"He said 2,297 investors had bought the company\'s equity.Hong Sochua, CEO of CSX, said that CSX has registered a total of 20 companies, of which 11 are listed as shareholders and nine are listed as corporate bonds, raising a total capital of more than $ 300 million. .He added that so far about 40,000 investors have opened stock trading accounts on the CSX.CSX was established in 2012 as a joint venture between the Cambodian government with a 55% stake and the Korean Exchange with a 45% stake. Xinhua
Nine investment projects have been issued registration certificates, creating about 14,000 jobs.
The Council for the Development of Cambodia has issued registration certificates for nine new investment projects, creating a total of 13,849 job opportunities.According to a press release issued by the Council for the Development of Cambodia yesterday, the registered projects amount to $ 54.8 million. The project is located in Kampong Speu, Takeo, Svay Rieng and Kandal and Phnom Penh.The new projects will include kitchen appliances, lamps, bags, shoes, clothes, molds and packaging paper and cardboard.In addition, the special economic zone in Svay Rieng province will have a bicycle and e-bicycle factory, along with a project to produce electrical equipment.Last week, the Council for the Development of Cambodia gave the green light to six more investment projects with a total capital of $ 163.5 million in Phnom Penh; Kratie, Svay Rieng and Sihanoukville provinces.The project is expected to create more than 3,000 new jobs, producing car tires, metal and plastic jewelry, decorative accessories, lamps, glue, paint and more. AKP