PHNOM PENH, Jan. 15 (Xinhua) -- Seven firms are expected to list on the Cambodia Securities Exchange (CSX) in 2020, said CSX's chief executive officer Hong Sok Hour on Wednesday.
"We expect that at least seven companies will list on the CSX this year," he said during a press conference on Cambodia Securities Outlook for 2020 here, adding that four firms will sell equity and the rest will sell corporate bonds.
CSX's chief operating officer Ha Jong Weon said among the firms expected to list on the bourse are the Acleda Bank and the Phnom Penh Commercial Bank (PPCBank).
Launched trading in 2012, the CSX is a joint venture between the Cambodian government holding 55 percent of the stakes and the Korean Exchange owning the remaining 45 percent.
So far, the CSX has received a total of eight listed companies, including five stock-listed companies and three bond-listed firms.
The eight firms had collected a total capital of about 161 million U.S. dollars from the securities market, said Sok Hour.
