Cambodia Securities Exchange
Encyclopedia

History

With the basic purpose of achieving high economic growth by facilitating flows of capital, investment and reallocation of capital based on capital market mechanisms, in November 2006, The Ministry of Economy and Finance of the Kingdom of Cambodia and Korea Exchange signed a Memorandum of understanding on “the Development of the Securities Market in Cambodia”. Based on this Memorandum of Understanding, the Prime Minister, Samdech HUN Sen hosted an international conference in November 2007 and proclaimed to launch of the Cambodia Securities Market project.

In 2008, another Memorandum of understanding on the "Establishment of a Cambodia Securities Exchange in the Kingdom of Cambodia" was signed by the Ministry of Economy and Finance of the kingdom of Cambodia and Korea Exchange. In March 2009, the Royal Government of Cambodia represented by the Ministry of Economy and Finance (MEF) and Korea Exchange (KRX) has signed a "Joint-Venture Agreement" to establish a stock Market ("The Cambodia Securities Exchange Co., Ltd"), as a public enterprise in accordance with the Law on the General Statutes of Public Enterprises. The Cambodia Securities Exchange was then incorporated in February 23rd, 2010. In accordance with the Joint-Venture Agreement, the Cambodia Securities Exchange (CSX) has been capitalized by both parties in which MEF owns 55-percent of the registered capital and KRX the remaining 45-percent.

In accordance with the Law on Issuance and Trading of Non-Government Securities, the CSX had been granted approval to function as market operator, clearing and settlement facility operator and depository operator.

The Exchange is temporary located inside the OCIC Tower
Canadia Bank
Canadia Bank is one of the largest local banks in Cambodia. The bank was established in 1991 and became privatized in 1998. It has 25 branches across the country.-History:...

. Trading will begin by the end of the year.

CSX Historical Highlights

  • February 28, 2011 - CSX received approval license from SECC for: The Market Operator, Clearing and Settlement Facility and Depository Operator.

  • February 23, 2010 - Business Registration

  • March 23, 2009 - “Joint Venture Agreement” between Royal Government of Cambodia represented by Ministry of Economy and Finance and Korea Exchange.

  • January 21, 2008 - MOU on “The establishment of a Cambodia Securities Exchange in the Kingdom of Cambodia” was signed by MEF and KRX.

  • September 06, 2007 - International Conference on the Launch of the Cambodia Securities Market Project.

  • November 20, 2006 - MOU on “The development of the Securities Market in Cambodia” was signed by MEF and KRX.

Companies

Three state-owned enterprises had been instructed by the government to list their stocks for trading.
Rank Company Sector
1 Telecom Cambodia
Telecom Cambodia
Telecom Cambodia is a state corporation of Cambodia, and is the principal telecom company of that country. The company was launched in 2006 as part of the Royal Government's Second Mandate, by the Ministry of Posts and Telecommunications, which up until then had operated the country's telecom...

 
Communications
2 Phnom Penh Water Supply
Water supply in Phnom Penh
Water supply in Phnom Penh is characterized by significant improvements in access, service quality, efficiency, cost recovery and governance since reforms were undertaken in 1993...

 
Energy & Utilities
3 Sihanoukville Autonomous Port
Sihanoukville Autonomous Port
Sihanoukville Autonomous Port or Port Autonome de Sihanoukville is a government agency and state corporation of Cambodia and Sihanoukville that operates and governs the country's sole deep water port. Located in Sihanoukville, in Bay of Kompong Som on the Gulf of Thailand in the south of Cambodia...

Commerce
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