Gunkul Engineering Plc, a renewables developer and construction firm, is working with Gulf Energy Development Plc, Thailand's largest power producer by market value, to expand its renewable power businesses through government clean energy projects.
Local public-listed real estate developer JS Land Plc acquired a large parcel of land in western Phnom Penh to develop the The Garden Residency 3 (TGR 3), seen as consistent with the strategic business plans mentioned by the company during its initial public offering (IPO).
SET-listed developer Pruksa Holding has revised its business strategy to integrate residential development with healthcare and e-commerce, aiming to increase the revenue proportion from recurring income to 25% by 2028, more than triple the current figure.
Tax incentives are granted to companies that have listed their shares or issued debt securities on the Cambodia Securities Exchange (CSX), whether they are small to medium-sized enterprises or large companies.
Cambodia’s securities market grew significantly from 2019 to 2022 despite the Covid-19 pandemic, particularly with the listing of DBD Engineering Plc and JS Land Plc.