The two firms will focus on attracting more foreign investments and listing of Cambodian enterprises.
On 13 December 2022, Cambodia Securities Plc. and ACLEDA Securities Plc. signed an MOU under the witness and support from the CSX to ink long-term cooperation between the two outstanding securities houses to promote local financial market, and to further attract foreign capital, representing the largest partnership in Cambodia’s capital market in recent years. According to H.E. Hong Sok Hour, Royal Government Delegate in charge as CEO of the CSX, the average daily trading value of the Cambodia securities market has increased significantly over the last few years, reaching USD 500k per day. Despite this marvelous growth, it is still quite low compared to neighboring countries, Thailand and Vietnam. However, the CSX is confident that the overall stock market trading value could reach USD 1m per day. Of course, to achieve such a goal, in addition to the efforts from the CSX, we also need all members of the capital market to work toward it. The cooperation between Cambodia Securities Plc. and ACLEDA Securities Plc. today is the best start of 2023. According to the representative from Cambodia Securities Plc., Mr. Pan Chu Yun, the General Manager of Cambodia Securities Plc., as a member of the Cambodia Securities Exchange, also share the responsibility in promoting and developing our securities market. Cambodia Securities has a team composed of professionals with rich capital market experiences in Hong Kong, Taiwan, Singapore, and Cambodia. Mr. Pan Chu Yun himself has more than 20 years of experience in the investment industry in the US, Hong Kong, and Taiwan. He also has expertise in underwriting, investment, wealth management, and has served as a fund manager for a venture capital fund jointly formed by Bank of China and Shanghai Municipal Government.

Mr. Pan Chu Yun also said that since the second half of this year, all countries have relaxed their control over the pandemic and have gradually resumed cross countries investment/transaction which will restart various economic activities in Cambodia and lead the re-entry of foreign investment. Coupled with the US dollar interest rate hike coming to an end, these could create a positive outlook for the stock market and other various industries in 2023.
Cambodia Securities Plc., with its experience and expertise, will continue to offer high-quality services to support the growth of various industries in Cambodia through corporate finance, public and private securities issuance, mergers and acquisitions, securities investment, fund management. In addition to our services, we also provide industry research report, equity research report, and weekly market report which could be useful for investor in making their investment decision. Currently, Cambodia Securities Plc. is advising several potential issuers who are interested on fundraising through IPO and bond issuance.
Mr. Darren Teng, Executive Director of Cambodia Securities Plc., also announced the grand opening ceremony of the company which is going to take place on the 11th of February 2023 which will be participated by many foreign investors from Asia. Furthermore, Cambodia Securities Plc.is also working on establishing pre-IPO funds and real estate funds to directly support the needs of various industries in Cambodia. On top of these, we are also working on establishing a fund to act as a market maker or liquidity provider to companies underwritten by Cambodia Securities.

