Cambodia Investment Review

SERC and Cambodia Confederation of Investor Association Collaborate to Strengthen Cambodia’s Securities Market Through Awareness Campaigns and Corporate Governance Improvements

SERC and Cambodia Confederation of Investor Association Collaborate to Strengthen Cambodia’s Securities Market Through Awareness Campaigns and Corporate Governance Improvements

Cambodia Investment Review

The Securities and Exchange Regulator of Cambodia (SERC) and the Cambodia Confederation of Investor Association (CCIA) signed a Memorandum of Understanding (MOU) aimed at increasing awareness and promoting participation in the development of Cambodia’s securities sector. The signing took place at the Non-Bank Financial Services Authority (FSA) building, with the participation of senior officials and members of the country’s financial and securities community.

The MOU, signed by H.E. Sou Socheat, Director General of SERC, and Neak Oknha Ly Kunthai, President of the CCIA, was part of a broader effort to strengthen cooperation between the two entities in raising awareness about the importance of the securities market in Cambodia. The initiative seeks to equip CCIA members with the tools needed to invest in the securities market and access financing opportunities, while also promoting good corporate governance practices.

The signing ceremony was attended by notable figures including H.E. Dr. Aun Pornmoniroth, Deputy Prime Minister, Minister of Economy and Finance, and Chairman of the FSA, who authorized the event. The partnership between SERC and CCIA is expected to contribute significantly to the growth and maturity of Cambodia’s securities market, which has seen steady progress in recent years.

The MOU, signed by H.E. Sou Socheat, Director General of SERC,

Workshop Highlights Investment Opportunities in Cambodia’s Securities Market

As part of the event, a dissemination workshop titled “The Opportunities through the Securities Market in Cambodia” was held. The workshop aimed to provide participants with insights into how the securities market can serve as a source of financing for businesses and an investment platform for retail and institutional investors.

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In his opening remarks, H.E. Sou Socheat emphasized the potential of Cambodia’s securities market for both investors and companies. “The securities market provides opportunities for investors to diversify their investments even with small capital, offering potential for higher returns and easier start-ups. Simultaneously, it serves as a significant source of capital for companies aiming to expand and achieve better standards,” he stated. His comments underscored the dual benefits of the securities market in fostering economic growth and creating investment opportunities for a broad range of market participants.

Neak Oknha Ly Kunthai, President of CCIA, highlighted the importance of education and ongoing learning for investors. “The CCIA is honored to sign an MOU with SERC. We are dedicated to promoting and facilitating ongoing education and knowledge acquisition for our members and investors, with particular focus on capitalizing on new investment opportunities to contribute to the development of the securities sector in Cambodia,” he noted. His remarks reflected CCIA’s commitment to ensuring that its members are well-prepared to engage with the securities market effectively.

Neak Oknha Ly Kunthai,

Key Participants and Industry Experts Share Insights

The MOU aims to address several key objectives, including raising awareness about the benefits of participating in the securities market, providing training on how to access financing through securities, and promoting transparency and corporate governance among companies looking to list or raise capital.

The dissemination workshop featured presentations from prominent organizations in Cambodia’s financial sector, including Acleda Securities Plc, Royal Group Securities Co., Ltd., CAMGSM PLC, and the Phnom Penh Special Economic Zone (SEZ) Plc. Representatives from Sihanoukville Autonomous Port and ACLEDA Bank Plc also shared insights on how the securities market has helped their organizations expand and improve business operations.

One of the key highlights of the workshop was a panel discussion with experienced securities market participants, including award-winning securities firms and retail investors. The panel provided firsthand insights into the challenges and opportunities associated with trading in the securities market. Additionally, issuers who have successfully raised capital through the market shared their experiences on how the securities sector has enabled them to sustain business growth.

The event, which drew a total of 145 participants, included senior management from SERC, the General Secretariat of the FSA, and various regulatory bodies. Industry associations such as the Cambodia Association of Securities Firms, the Securities Investor Association of Cambodia, and the Derivative Broker Association in Cambodia were also in attendance, alongside media partners who covered the proceedings.

As Cambodia’s securities market continues to grow, initiatives like the MOU between SERC and CCIA are crucial in building a more robust financial infrastructure. By promoting greater awareness and participation, these organizations aim to foster a vibrant investment environment that supports both individual investors and companies looking to expand their capital base.

On September 17, 2024, the Securities and Exchange Regulator of Cambodia (SERC) and the Cambodia Confederation of Investor Association (CCIA) signed a Memorandum of Understanding (MOU) .

For further information about the event or to inquire about upcoming educational programs, interested parties are encouraged to contact SERC at (+885) 23 885 611 or via email at edu@serc.gov.kh. Alternatively, the CCIA can be reached at (+885) 87 22 30 26 or via email at Pr01@cambodia-footwear.org.

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