PPSEZ shores up land deal prior to CSX listing

Phnom Penh Special Economic Zone, the Kingdom’s most-developed SEZ, says the land deal for its planned SEZ in Poipet will be concluded before PPSEZ lists on Cambodia’s stock exchange. Hiroshi Uematsu, CEO of PPSEZ, said that 53 hectares of land near the Thai border had already been acquired by the firm and were in the process of transferring ownership to a new company, which will be a full subsidiary of PPSEZ. …

Charles Rollet
http://www.phnompenhpost.com/business/ppsez-shores-land-deal-prior-csx-listing