CSX Moves From Canadia Tower to New Building

The Cambodia Securities Exchange (CSX) last week made its long awaited move from the 25th floor of Phnom Penh’s Canadia Tower to its new home in a $4-million French colonial-era building on Street 106.

The CSX officially moved into the two-story building on September 8, according to its website, more than two years after the bourse was launched with the listing of the Phnom Penh Water Supply Authority in April 2012.

The new Cambodia Securities Exchange building on Street 106 in Phnom Penh. (Siv Channa/The Cambodia Daily)
The new Cambodia Securities Exchange building on Street 106 in Phnom Penh. (Siv Channa/The Cambodia Daily)

CSX spokesman Lamun Soleil on Monday said the new headquarters would save the exchange money in the long term.

“Using the temporary office at Canadia may not have shown a good image to investors,” Mr. So- leil said. “Now that we have spent our budget to have our own per- manent building, it provides some confidence to investors,” he said.

Mr. Soleil added that the extra space would make it easier for the CSX to operate and receive guests.

“We have more space for conferences and meetings than we had at Canadia, so investors and participants can easily come here to have a conference or meetings,” he said, adding CSX’s electronic display on Monivong Boulevard would remain where it is.

The CSX did not list a second company until June, when the Taiwanese-owned Grand Twins International garment factory became the first private firm to publicly sell its shares on the exchange.

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