Cambodia: 10 IPOs a yr?

In Emerging markets on 21/04/2012 at 9:09 am

State-owned Phnom Penh Water Supply Authority (PPWSA) started trading on April 18, while Telecom Cambodia and Sihanoukville Autonomous Port are preparing to go public.

“Cambodia is going to be a very attractive market as investors benefit from the nation’s economic development. Many inquiries are being placed for possible listings … dozens of companies will list their shares within five years. Listings of five-to-10 companies are possible a year.”

BBC report

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