PHNOM PENH, May 30 (Xinhua) -- Cambodia is scheduled to inaugurate the long-awaited Cambodia Securities Exchange (CSX) on July 11, according to the statement of the finance ministry released to the media on Monday.
And the first securities trading will begin towards the end of 2011, added the statement dated on May 26.
The ministry explained that the above two different dates being planned are based on the experience of some countries, which scheduled the start of the securities market operator first, in order for this operator to have enough time in preparing the process of the first securities training.
The CSX is a securities market operator, a securities clearing and settlement facility operator, and a depository operator.
The head-office of the CSX is located in the kingdom's tallest building, Canadia Tower in Phnom Penh.
Three state-owned enterprises--Sihanoukville Autonomous Port, Telecom Cambodia and Phnom Penh Water Supply Authority--have been preparing IPO (Initial Public Offering) to list in the upcoming CSX.
The plan to open CSX was initiated by Korean Exchange in 2007.
7 comments:
Is CSX can be a trusted market place? Why do they have several government entities listed? It's beyond my wildest imagination to believe that a corruption ridden goverment such Cambodia can have entities with tranparency and proper accouting rules and regulations good enough to be listed on an Exchange.
EVIDENCE OF POLITICALLY-MOTIVATED EXTRAJUDICIAL EXECUTIONS AND KILLINGS OF FUNCINPEC LOYALISTS.
LIST OF INSTANCES OF EXTRAJUDICIAL EXECUTIONS during 1997 coup by PM Hun Sen. These people with their name list below were murdered by PM Hun Sen.
• Ho Sok, 45, Secretary of State at the Ministry of Interior and second ranking FUNCINPEC official in the Ministry of Interior.
• 2-3. Gen Chao Sambath, alias Ngov, Deputy-Chief of the Intelligence and Espionage Department, RCAF Supreme Command since 1993
• 4 and 5. Maj. Gen. Ly Seng Hong, Deputy-Chief of Staff, RCAF General Staff (second highest-ranking FUNCINPEC official in the RCAF General
• 6. Colonel Sok Vireak, Chief, Transmission Bureau, Army General Staff. A former KPNLF General Staff officer in charge of military training who joined Nhek Bun Chhay after the Paris Agreements. Status
• 7. Colonel Thlang Chang Sovannarith, Deputy Chief-of-Staff of the Fifth Military Region, RCAF General Staff
• 8. Colonel Hov Sambath, Deputy-chief of Military Training Bureau, RCAF General Staff
• 9. Lietenant Colonel Sao Sophal, 42, an officer of the First Bureau of the RCAF General Staff.
• 10. Navy First Lt. Thach Soeung, aged about 30, an ethnic Khmer from southern Vietnam, stationed at Dang Kaum Navy base on the eastern bank of the Tonle Sap.
• 11 to 14. Seng Phally, Lt. Col. Chao Keang, Chao Tea and Thong Vickika - security officers working under Gen. Chao Sambath.
• Seng Phally, alias Huot Phally, aged 25, single, a gendarme who worked as chief of the security team at the Pipoplok 2 Hotel/Casino
• Lt. Col. Chao Keang, aged about 25. He was an officer in the Research and Intelligence Bureau of Chao Sambath
• Chao Tea, 29, brother of Chao Keang, a security guard at the Regal Hotel/Casino. His body bore a bullet hole in the left side of the chest and in the right side of the stomach. He was also handcuffed and blindfolded
• Thong Vicchika, aged about 27-28, a body-guard of Chao Sambath and a security staff at the Regal Hotel/Casino.
• Dr. Seng Kim Ly, a military medical doctor
• Major Lak Ki, Head of Operations, Research and Intelligence, RCAF High Command
• Four unnamed body-guards of Nhek Bun Chhay were summarily executed after his office-cum-house in Somnang
• Major Lak Ki, Head of Operations, Research and Intelligence, RCAF High Command
• Pheap, a body-guard of Major Lak Ki, in his late twenties
• Dok Rany, 27, an officer and body-guard of Gen. Chao Sambath who worked at the Research and Intelligence Bureau
• Ros Huon, aged 23, Sopheap, aged 25, two alleged members of the Gendarmerie
• Dok Sokhun, alias Michael Senior, a Khmer-Canadian journalist who taught English at ACE Language School in Phnom Penh
• Major Aek Eng (CPP), Head of Administration of Phnom Penh Thmei police station
• At least four, and possibly up to 22 persons described as FUNCINPEC soldiers executed and cremated in Pich Nil on 9, 10 and 11 July 1997 by Military Region 3 soldiers. Status: Confirmed executions in at least 4 cases
• 34 to 36 (and possibly 45). On 17 July, at about noon time, the body of a soldier was witnessed floating near the bank of the Tone Bassac near the Watt Chum Leap, in the village of the same name, Rokakpong commune, Saang district, Kandal province. The body was headless and both hands were tied up behind the back with a kramma. It was dressed in dark olive military uniform
• 37 and 38. Two unidentified men, blindfolded and with their hands tied behind the back. Status: Confirmed executions
• Pheap, aged 33, a bodyguard of the First Prime Minister. Status: Confirmed execution.
• Sok Vanthorn, 21 and Sou Sal, two villagers from Ampeov village, Kompong Speu province. Status: Confirmed execution.
• Brig. Gen. Chea Rittichutt, a founding member of the Moulinaka movement and the Governor of Kep-Bokor
• Navy officer Meas Sarou, Deputy-director, First Bureau, Navy, based in Chrouy Changvar, and one of his body-guards, and a third person, a woman named Luch.
• Ung Sim, Second Deputy Governor, Kompong Speu province - missing since his arrest, reportedly near Pich Nil by CPP soldiers on 7 or 8 July 1997.
• Col. Sam Sarath, Deputy Chief-of-Staff, Third Military Region
• Put Som Ang, male, aged 42, a KNP activisit in Siem Reap province, and Sam Sophan, 38, an activist in Takeo province
• Major So Lay Sak and Major Chin Vannak, officers working in the Logisitics department of the RCAF General Staff
• Som Taing, Deputy Chief, Inspection Office, Provincial Governor's Office, Kompong Speu
• Chum Sarith, Chief, Criminal Bureau, Provincial Police, Sihanoukville
Forty-six bodies were brought in and dumped at the crematorium of a Phnom Penh pagoda between 5 and 9 July
In the case of Ho Sok (executed on 7 July, brought to Watt Lanka on 8 July); of Seng Phally, Chao Keang, Chao Tea and Thong Viccheka (executed on 5-6 July and brought by the police to Wat Unalom on the morning of 7 July - see cases number 13-16 above) and in the case of a fifth corpse which was brought to the same pagoda on the same morning, but which could not be identified, the police ordered that cremation of the bodies be conducted without question and without proper cremation permit.
Between 9 and 11 July, according to a variety of reliable corroborating accounts, the bodies of 4 and probably up to 22 soldiers were alleged to have been executed in Pich Nil and burned
Plus many and many more names with lose count that order and executed by Hun Sen and CPP.
Koh Tral Island must not be forgotten
By Ms. Rattana Keo
Why do Koh Tral Island, known in Vietnam as Phu Quoc, a sea and land area covering proximately over 30 000 km2 [Note: the actual land size of Koh Tral itself is 574 square kilometres (222 sq miles)] have been lost to Vietnam by whose treaty? Why don’t Cambodia government be transparent and explain to Cambodia army at front line and the whole nation about this? Why don't they include this into education system? Why?
Cambodian armies are fighting at front line for 4.6 km2 on the Thai border and what's about over 30 000km2 of Cambodia to Vietnam. Nobody dare to talk about it! Why? Cambodian armies you are decide the fate of your nation, Cambodian army as well as Cambodian people must rethink about this again and again. Is it fair?
Koh Tral Island, the sea and land area of over 30 000 square kilometres have been lost to Vietnam by the 1979 to 1985 treaties. The Cambodian army at front line as well as all Cambodian people must rethink again about these issues. Are Cambodian army fighting to protect the Cambodia Nation or protecting a very small group that own big lands, big properties or only protecting a small group but disguising as protecting the Khmer nation?
The Cambodian army at front lines suffer under rain, wind, bullets, bombs, lack of foods, lack of nutrition and their families have no health care assistance, no securities after they died but a very small group eat well, sleep well, sleep in first class hotel with air conditioning system with message from young girls, have first class medical care from oversea medical treatments, they are billionaires, millionaires who sell out the country to be rich and make the Cambodian people suffer everyday.
Who signed the treaty 1979-1985 that resulted in the loss over 30,000 km2 of Cambodia??? Why they are not being transparent and brave enough to inform all Cambodians and Cambodian army at front line about these issues? Why don't they include Koh Tral (Koh Tral size is bigger than the whole Phom Phen and bigger than Singapore [Note: Singapore's present land size is 704 km2 (271.8 sq mi)]) with heap of great natural resources, in the Cambodian education system?
Look at Hun Sen's families, relatives and friends- they are billionaires, millionaires. Where did they get the money from when we all just got out of war with empty hands [in 1979]? Hun Sen always say in his speeches that Cambodia had just risen up from the ashes of war, just got up from Year Zero with empty hands and how come they are billionaires, millionaires but 90% of innocent Cambodian people are so poor and struggling with their livelihood every day?
Smart Khmer girl Ms. Rattana Keo,
Cambodian stock market is another way to steal money from people. You can put in your money but you won't get it back.
You can get it back only as a figure on a piece of scrap paper.
HUN SEN CLAN is a criminal and mafia. This is a reason that they make money very easily. Why we khmer have let them to stay in the power? Why there is any khmer to stand up against him. It will be late, if all khmers cannot do revolution against him. He is a murderer with his wife Bun Rany. He must kill all inocent khmers to make satisfied his BOSS: YUON. The last Yuon's step will proclam as Inchinese Federation:VN, Laos and Cambodia. Actually, even Loas has stole one beautiful of at Tonatanak, Monulkiri land to put on their part. This land becomes tourist visitors. Khmer must pay the ticket to visit this land. How stupid khmer leader who loves only power, money and kill with his own people.
ហ៊ុន ណេង ជាចោរលួចគោម្នាក់ស្រុកក្រូចឆ្មារ
ហើយហ៊ុន ណាល់ ហៅហ៊ុន សែនក៏ធ្វើចោរ
ជាមួយនឹងឪពុកគេដែរ។ជនហ៊ុន សែនឈ្មោះដើម
ឈ្មោះហ៊ុន ណាល់រត់គេចខ្លួនទៅបុកនឹងមែក
ត្របែក ហើយខ្វាក់ភ្នែកម្ខាងរហូតមកដល់សព្វថ្ងៃ
នេះ។
កាលនៅជារាស្ត្រសាមញ្ញធ្វើចោរ ដល់មកធ្វើជា
នាយករដ្ធមន្ត្រី ក៏មិនចោលពុតពាលអាក្រក់
លួចជាតិ លក់ជាតិ បំផ្លាញជាតិ មិនចោល
មារយាទថោក។ចោរនៅជាចោរ មិនចោលពុត
ជាចោរ។ឌូច្នេះ បើចង់ចាប់ ត្រូវរកចោរចាប់ចោរ។
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