Sign up | Log in



Home  >>   Daily News  >>   Cambodia  >>Transport  >> Port a step closer to 2015 IPO
NEW UPDATES Asean Affairs    15 January 2015  

Port a step closer to 2015 IPO

Cambodia:Sihanoukville Autonomous Port (SAP) recorded above-average revenue growth in 2014, marking the third year of consecutive profit and paving the way for a 2015 initial public offering, officials say.

SAP revenue totalled more than $44 million in 2014, up 15 per cent from $39 million in 2013, according to the state-owned enterprise’s latest financials.

“This represents the port’s great performance over the past 12 months,” Lou Kim Chhun, general director of SAP, explained.

Chhun said the port, which handles more than 60 per cent of Cambodia’s cargo traffic, had seen an average annual revenue growth rate of 10 per cent since 2012.

In 2010 and 2011, the port recorded revenue declines off the back of poor currency exchange rates between the US dollar and the Japanese yen, when the company had to repay debts to the Japanese government.

“We expect that this achievement will help increase public interest and success in listing on stock market this year,” he said, adding that SAP is actively preparing its IPO documents for submission to the Securities and Exchange Commission of Cambodia by mid 2015.

The port is required by law to record three years of consecutive profits to be considered for a public listing on the Cambodian Stock Exchange (CSX).

The CSX has attracted just two listings since it launched in 2011 – the Phnom Penh Water Supply Authority and garment-maker Grand Twins International.

Soleil Lamun, deputy director of market operations department at the CSX,

said that the port’s revenue increase reflects an increase in the country’s manufacturing and production industries’ performance.

“The port’s activities tend to correlate with the international trade and economic activities of Cambodia, which is growing,” he said.

“This performance strengthening would attract more attention from investors and it is good for SAP when it goes public.”

In 2014, cargo traffic at SAP reached 3.4 million tonnes, up 14 per cent from 3 million tonnes in 2013. The most commonly exported products included garments, rice and cassava. Imported items included industrial equipment and machinery, and construction materials.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           January 15, 2015 Subsribe Now !
• Thai Defense Minister visits Vietnam to strengthen ties Subcribe: Asean Affairs Global Magazine
• PGE allocates $432 million in investment this year
• European firms upbeat about business in Indonesia
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Port a step closer to 2015 IPO
• UK govt promotes Myanmar oil and gas opportunities
Asean Analysis                    January 14, 2015

• Asean Analysis January 14, 2015
Cambodia: 30 Years of Hun Sen Violence, Repression
Advertise Your Brand

Asean Stock Watch    January  14,  2015
• Asean Stock Watch-January 14 , 2015
The Biweekly Update
• The Biweekly Update  January 9, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand