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Page 7 - கம்போடியா பத்திரங்கள் பரிமாற்றம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sihanoukville port terminal construction delayed

Tue, 27 April 2021 Construction of a new container terminal of Sihanoukville Autonomous Port has been delayed to early next year due to slower-than-planned layout design, according to the management. Japan International Cooperation Agency (JICA) is to provide an Official Development Assistance (ODA) loan for the first phase of the new terminal to the tune of 23,502,000,000 yen ($218 million). The 350m-long and 14.5m-deep container terminal was originally scheduled to begin construction in mid-2021, with operations expected to begin in mid-2024. It will be able to handle 60,000 DWT ships – or those carrying around 5,000 TEUs, allowing about 93 per cent of container vessels across Asia to enter the port of Sihanoukville.

Prasac, LOLC pay coupon yields on bonds

Share Prasac listed on the CSX on May 5, issuing 1,272,000 shares with a coupon rate of 7.5 per cent per annum at a three-year maturity and semi-annual payment. May Kunmakara Prasac, LOLC pay coupon yields on bonds Sat, 24 April 2021 Corporate bond-listed firms Prasac Microfinance Institution Plc and LOLC (Cambodia) Plc made coupon payments for fiscal year 2020, credited to subscribers accounts on April 23. In a filing to the Cambodia Securities Exchange (CSX) that day, Prasac said it paid a total of 4,453,650,000 riel ($1.10 million) to bondholders. “Prasac Microfinance Institution Plc is pleased to inform investors and the public that the second coupon payment of Prasac’s bond has been transferred to each investor’s account on 23 April,” it said.

PPCBank appoints Baek Jongil as president

Share PPCBank appoints Baek Jongil as president Wed, 21 April 2021 South Korean-owned PPCBank announced on Wednesday that its Board of Directors (BoD) has appointed Baek Jongil as president, effective April. Baek previously held the position of CEO at JB Asset Management Co Ltd, a subsidiary of the Jeonbuk Financial Group, a major PPCBank shareholder. Baek succeeds Shin Chang Moo With over 30 years of experience in the financial industry, he is no stranger to the Cambodian banking sector, having been a member of PPCBank’s BoD from September 2016 to August 2019, and has visited the Kingdom on several occasions. “I am delighted with this new opportunity to take a deeper dive and make my contribution to the development of the banking sector in Cambodia.

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