11/13/2023 | Press release | Distributed by Public on 11/13/2023 03:36
Royal Group Phnom Penh SEZ Plc. (To be officially amended) would like to inform investors and the public that the resolution for the Issuance of debt securities (Green bond) to qualified investors of up to USD $15 million for a tenor of 5 years was approved by the Board of Directors during the Board meeting on 10 November 2023. The bond proceeds will be used for 'green' infrastructure. The issuance of green bond will still subject to review and approve by relevant parties involved in the process of guarantee as guarantor for this green bond issuance.
Royal Group Phnom Penh SEZ Plc. (To be officially amended) is in the process of requesting for approval from Securities and Exchange Regulator of Cambodia (SERC) and Cambodia Securities Exchange (CSX) in accordance with applicable laws and regulations which is expected to be completed by early next year.
As mentioned above, please investors and the public kindly be informed.