February 20, 2018
In 2007, Cambodia enacted the Law on the Issuance and Trading of Non-Governmental Securities (“2007 Securities Law”), which paved the way for corporations to issue both debt and equity securities to the public and contributed to steady progress in the Cambodian equity market, with the country’s first initial public offering in 2012 and a total of three state-owned enterprises and two corporations currently listed on the Cambodia Securities Exchange (CSX), the sole securities market operator in Cambodia.