On February 26, 2020, ACLEDA Bank Plc., The largest commercial bank in Cambodia, received in-principle approval from the Securities and Exchange Commission of Cambodia (SEC). Bank Public on Tuesday, February 25, 2020. ACLEDA Bank Plc. Will be the first commercial bank in the Kingdom of Cambodia to be listed on the Cambodia Securities Exchange (CSX). The bank plans to issue 8,751,391 new shares and up to 13,127,086 shares in public.

"ACLEDA Bank Plc. Provides an opportunity for investors and the public to invest in ACLEDA Bank Plc's shares," said Dr. In Channy, President & CEO. The Bank will hold two (2) Roadshow presentations on March 3 and 10, 2020 at ACLEDA Bank Plc, which will provide investors with an overview of their financial business. The Bank expects the timing of the IPO and the investor's readiness to buy the shares Dragon. ”

The bank will officially launch Book Building and invite investors and the public to determine the bank's share price in the range of KHR 15,000 to KHR17,400 per share. The final stock price will be determined based on the price the investor placed in the booking process, which will run from March 3 to 14, 2020. After the booking phase is completed, investors and the public will be invited to join the subscription stage to buy the Bank's stock on the final stock price from March 23 to April 4, 2020.

Dr. In Channy further stated that, “To participate in the Book Building and Subscription Phase, investors must have an Investor ID and Trading Account with any securities company licensed by the Securities and Exchange Commission (SEC). ). ”
“The Bank expects to be listed on the Cambodia Securities Exchange (CSX) by the end of April 2020. As the first commercial bank to be listed on the CSX. ACLEDA Bank Plc will be a role model for other banks in the banking and financial sector to use the Cambodian capital market to raise capital. ”

“The point of making the offering of ACLEDA Securities Plc is unique and different from the previous IPO,” said Han Kyung Tae, CEO of YT Securities (Cambodia) Plc. Banks do not have stock reserves for potential investors and institutions. All of the issued shares will be sold to investors and the public.
ACLEDA Securities Plc. Will be referred to as the "IPO", which encourages individual investors and the general public to participate in the securities auction. Its financial. We worked with the bank to develop a stock allocation methodology that prioritized individual investors who bought 1,000 shares or less.
The bank's IPO is a golden opportunity for individual investors to become the most credible and financially responsible bank shareholders in Cambodia. ”

Dr Channy said the proceeds from the IPO will be used to develop digital banking services and for the general business purposes of the bank.

For more information, please contact: ACLEDA Bank Plc

+ Mrs. Buth Bunthei
Function: Executive Vice President & Group Chief Executive Officer and Corporate Secretary (Information Officer)
Tel: 015 600 532 Email: (email protected)

+ Ms. Marmarara, Function: Deputy Chief Executive Officer and Chief Financial Officer (Public Relations Officer)
Tel: 015 900 126 E-mail: (email protected)