Wednesday, May 04, 2011

First Vietnamese Vietcong securities firm makes debut in Cambodia

First Vietnamese securities firm makes debut in Cambodia

04/05/2011
Vietnamnet Bridge (Hanoi)

Cambodia-Vietnam Securities Co (CVS) has become first Vietnamese joint venture securities firm to make its debut in Cambodian capital of Phnom Penh.

The debut of the company with a chartered capital of $10 million has taken place on the sideline of Vietnam-Cambodia Investment Promotion Conference under the chair of the prime ministers of the two countries.

CVS was established by founding shareholders such as Bank for Investment and Development of Cambodia (BIDC), Cambodia Development and Investment Joint Stock Co (IDCC), Bank for Investment and Development of Vietnam (BIDV), Cambodia-Vietnam Insurance Joint Stock Co (CVI) and BIDV Securities Co (BSC).


CVS was licensed with full ranges of securities operations in Cambodia such as investment consultancy, securities brokerage, corporate financial consultancy, issuing underwriting and investment bank operation.

Earlier, BIDV also contributed capital to set up other companies such as Cambodia Development and Investment Joint Stock Co (IDCC), Bank for Investment and Development of Cambodia (BIDC) and Cambodia-Vietnam Insurance Joint Stock Co (CVI).

IDCC has also been selected to be settlement bank for Cambodian stock market by Cambodian Securities Commission.

Dong Duong Securities Co (DDS) has also been granted the license for making capital contribution to establish the Angkor VDS Securities Plc, second Vietnamese joint venture securities firm, in the capital city of Phnom Penh.

Angkor VDS Securities PLC has a charter capital of $2 million, to which $400,000 and $300,000 were contributed by DDS and Song Ngan Joint Stock Co, and the remaining by foreign partners.

This is the first securities company to be allowed for operating in Cambodia in the fields of investment consultancy, IPO consulting, listing and issuing shares on the stock markets, enterprise re-structuring, M&A, stock investment by Cambodian Securities Commission.

The Cambodia Stock Exchange was expected to officially operate in July this year.

6 comments:

Anonymous said...


From day by day under CPP, the Vietnam put their nose deeply in Cambodia that is showing clearling the Vietnam's goal to annex Xmer land in all area form button to top. That is the clear massage for all Khmers, your Khmer nation will be disappear very soon, esp. after the total war in the next step.

Anonymous said...

Why the idiots Vietcong always doing business in my country motherfuckers. We Cambodian people around the world hates your people to dead stops came to doing business in my country motherfuckers. Your fucking country is poor too, keeps your business for your own country North Vietcong morons don't ever came again OK! fuckers.

Anonymous said...

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

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

Anonymous said...

-Ah hun sen konjeas youn communist
-Communist CPP vietcong the main terrorist in cambodia.
-Forced eviction of citizen
-Land grabbing
-torture of monks and citizen
-Slave labor...rape and killing

kon kmeng naek jomkar

Anonymous said...

yea VC,,pleae take All Hun Sen faily with you....

Anonymous said...

click here...Communist VietCong should invest more with its own people.