Phnom Penh Post. The English language daily quotes Sou Socheat, director-general of the Securities and Exchange Commission of Cambodia (SECC), as saying that Amara Capital Plc and HCFM Fund Management Plc, both based in Phnom Penh, have been given approval in principle for fund management licences. In addition, Moongunghwa (Cambodia) Trust Plc has been approved in principle for a trustee licence, and VMoney Co Ltd as a derivatives broker. According to Socheat, the move will help the Cambodian capital market grow “step-by-step from year-to-year”. “Today, we have more interested players and this market is growing little bit, thus what we need to do next is to strengthen public trust to make the market work better,” he says in the January 11 report.