PHNOM PENH Jan 25 (Reuters) - Vietnam's largest asset manager, VinaCapital Investment Management Ltd, is expanding into neighbouring Cambodia with a pledge to invest $100 million and eventually launch a dedicated fund, the company said on Tuesday.
Its new, wholly owned unit, VictoryCapital, will "invest in a broad range of sectors, including real estate, hospitality, infrastructure and agriculture", said VinaCapital, which oversees $1.7 billion in assets primarily in three London-based funds.
VictoryCapital will source and manage investments in Cambodia, with VinaCapital's Singapore office helping to raise capital, VinaCapital's statement said. It did not specify when it would launch its Cambodia fund.
VictoryCapital joins a small band of frontier investors sizing up Cambodia at a time when China and South Korea are increasing direct investment in its tiny $10 billion economy. Plans for a stock market are progressing, though slowly.
Simon Luu, formerly with Australia and New Zealand Banking Group in Phnom Penh, will be country manager and Don Lam will be chief executive.
(Reporting by Jason Szep; Editing by Alan Raybould)
6 comments:
Keeps your business in your fucking country mother fuckers. Your people is hungery for jobs too why keeps doing business in my country mother fuckers. We don't welcome the thieves to invested in my country go aways idiots.
ah yuon noam khnea chol mok srok khmer tam roub pheap srab chhbab dael ah hun xen reab chom aoy tveu.
We are vietnam,we will be a great vietnam soon ,we already control laos and cambodia ,we already put our people and our agents every where in cambodia even in government and in CPP,in 1979 we work hard ,we send our suicide commando to phnom penh to catch samdat sihanouk ,because we need him stay with us and support us before we push pol pot to the forest ,but the china workers at phnom penh catch our commando and destroy them ,but we still lucky because now samdat sihanouk come to support us by himself ,so we have every thing now ,we have samdat sihanouk in our left hand and hun sen in our right hand ,so we strong enough ,we tie every thing ,china just a tiger wake up from sickness and china use to lost a battle at our north vietnam,so we will be a great vietnam soon ,long life our great vietnam......
Yes long life our great vietnam...How smart our leader ?
National Security Hun Sen! I dont see any Khmer invest any money in Vietnam or Thailand. Chit Meng any answer?
AH HUN SEN AH KBORT JEAT KAGN JAEH YOUN
AH HUN SEN AH KBORT JEAT KAGN JAEH YOUN
AH HUN SEN AH KBORT JEAT KAGN JAEH YOUN
AH HUN SEN AH KBORT JEAT KAGN JAEH YOUN
AH HUN SEN AH KBORT JEAT KAGN JAEH YOUN
AH HUN SEN AH KBORT JEAT KAGN JAEH YOUN
kon kmeng naek srae
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