Following a run of significant share price increases early this past week, Cambodia Securities Exchange-listed Phnom Penh SEZ Plc (PPSP), dropped yesterday to 1,460 riels per share. Earlier this week, PPSP stock had reached an all-time high of 1,590 riels a share.
PPSP and Marvel Garment Co Ltd sign a lease agreement for additional land.
Liquidity in the stock has soared since price reached record low of 1,310 riels a share.
Sahas Properties Co Ltd broke ground this week on a new rental warehouse.
Index rose 0.11% (0.69 points) with trading value of 149,829.550 M riels and 79,951 shares exchanged. It closed at 647.30
CSX:PPSP believes its falling share price now offers a good investment.
Asiatic starts arbitration proceedings against PPSP seeking a minimum of $14.4 m.
Phnom Penh Special Economic Zone (PPSP) share price hit a record low on Friday.
Shareholders of PPSP confirm there will be no dividend distribution for the year 2019.
PPSP has announced that it will have no dividend distribution this year and will also be buying back company shares.
PPSP has the second largest number of projects among industrial parks.
The Capital Market saw a 22 per cent drop capitalisation in the first quarter of the year, bringing the market capitalisation to around $544million, compared with the fourth quarter of 2019.