The government has agreed in-principle to allow Golden Tree Co Ltd (GT) to list an approximately $3 million “green bond” on the Cambodia Securities Exchange (CSX) that has been certified as compliant with ASEAN standards, through an issuance which CSX officials have said could be carried out as early as next month.
Train operator Royal Railway Plc, a subsidiary of local conglomerate Royal Group of Companies Ltd, has received “approval in principle” from the Council of the Non-Banking Financial Services Authority (NBFSA) to issue a bond worth about $10 million on the Cambodia Securities Exchange (CSX)
The Securities and Exchange Regulator of Cambodia (SERC) is now reviewing Royal Railway Plc’s proposal to issue a bond worth about $10 million on the Cambodia Securities Exchange (CSX) to expand its business, after the bourse on September 7 gave the in-principle nod, confirming the company’s eligibility.