In a bid to lure more small and medium-sized enterprises (SMEs) into the local stock market, Cambodia Securities Exchange (CSX) yesterday entered into an agreement with CEO Institute, which will train entrepreneurs on raising capital by listing their companies in the local bourse.
It is the second agreement this month that CSX signs with a human resource development agency, after entering into a similar partnership with Successco last week.
Hong Sok Hour, CSX’s CEO, said CEO Institute’s members will receive training on stock trading, with Cambodia’s market regulator hoping this will prompt more small enterprises to join the nascent local stock market.
“This agreement is part of our strategy to expand awareness of the possibility to raise capital by listing in the CSX,” he said.
“CSX will support the training through consulting and by providing trainers to CEO institute.”
Om Seng Bora, CEO Institute’s chairman, said his company’s goal is to boost the local economy by helping entrepreneurs transform their family-owned business into professional enterprises.
