Activities/Announcements

The Latest Meeting of Cambodia SEZ Association

On October 7th, 2016, the latest meeting of CAMBODIA SEZ ASSOCIATION was conducted in KOH KONG SEZ with the participation of representatives from KOH KONG SEZ, MANHATTAN SEZ, PHNOM PENH SEZ, SIHANOUK VILLE PORT SEZ, SIHANOUK VILLE SEZ, as well as the new member KERRY WORLDBRIDGE SEZ.

This meeting is conducted to meet, discuss and share information, and altogether help find solutions to some common challenges facing the SEZs in Cambodia.

In this meeting, discussions were made regarding the exemption of VAT on the land lease transaction to foreign entities, garbage disposal issues, application for construction permit, and issue regarding applying for Certificate of Origin using the third-country invoice.

Though immediate solutions cannot be decided for all the issues, the meeting is considered a fruitful one.  We hope through this SEZ association meeting, all SEZs could work together to contribute on Cambodian’s industrialization.

Phnom Penh SEZ shared the panel seats on IPO experience

29 September 2016: Mr. Hiroshi Uematsu (Chief Executive Officer – Phnom Penh SEZ), while sharing the IPO experience in the panel session. This session is a part of signing ceremony on Memorandum of Understanding on “Cooperation on Raising Awareness and Promoting the Participation of SMEs in Cambodia Securities Sector” and seminar on “Access to Additional Financing through the Securities Market”. The half-day event at Raffle Hotel Le Royal, Phnom Penh is co-organized by Securities and Exchange Commission of Cambodia (SECC), Federation of Associations for SMEs of Cambodia (FASMEC), and Korea International Corporation Agency

Opening Ceremony of 2nd Factory of Sichuan New Hope Agribusiness (Cambodia) Co., Ltd.

On September 19, 2016, Phnom Penh SEZ Plc. was honored to witness the Grand Opening Ceremony for the second production line of Sichuan New Hope Agribusiness (Cambodia) Co., Ltd (“New Hope Cambodia”), which is the local subsidiary of New Hope Group (“NHG”), China’s largest privately held agricultural company. The new production capacity is to serve for the growing demand of animal feed domestically.

The ceremony was conducted under the presidency of H.E. Veng Sakhon, Minister of Ministry of Agriculture, Forestry, and Fishing, presence of the Company’s high-level managements and staffs, as well as many other distinguished guests from government and private sectors.

According to the speech delivered by Mr. Du Jiang Ping, General Director of Sichuan New Hope Agribusiness (Cambodia) Co., Ltd. NHG has been engaged in agribusiness since 1982. The company has been known as the largest feed producer in China and among the top-3 worldwide with annual production capacity of over than 20 million metric tons per annum. In addition, the company has extended the success to various businesses ranging from mill products, real estate, finance, chemicals and etc. The company reported the total sales revenue of 10 billion Yuan in the year 2015. Since 2010, New Hope Cambodia has committed to “Deliver the benefit to farmers, bring consumers the happiness”. The newly opened production line required 6 million USD for investment with the state-of-the-art technology. This production line aim to fulfill fast-growing agricultural industry in Cambodia.

We are delighted and honored to have new investment by current tenants reflecting their trust and appreciation on our dedication and commitment to the customers. We finally wish Sichuan New Hope Agribusiness (Cambodia) Co., Ltd. prosperity and continuing success in Cambodia. 

Training on Fire Fighting Drills and First Aid

On Saturday 17th, September 2016 at Phnom Penh SEZ Plc.’s office, Phnom Penh SEZ Plc. arranged one-day internal training on “Fire Fighting Drills and First Aid”. The main objective of this training was to create awareness on fire safety and to equip every individual with the basic knowledge of firefighting and enable staffs to carry out appropriate first aid in an emergency situation at work. 

The training was facilitated by Brigade 70 team.

Clarification on the delay in presenting the financial statements reviewed by independent auditors 2nd quarter 2016

The Company wish to inform and clarify to the public and potential investors that the 2nd Quarterly Reports (or herein refer to as the “Q2 Report”) was indeed issued on the 12th August 2016.  However due to technical error and misunderstanding of the disclosure and submission process, and in the absent of appropriate officer from our Company (or the “PPSP”) such as that of our Corporate Disclosure Officer cum Investor Relation Manager was not onboard, it caused such delay in the process of submission and to make timely disclosure, and only until all relevant reports were properly signed on 22nd August 2016 our 2nd Quarterly Reports were submitted and disclosed to Securities & Exchange Commission of Cambodia (SECC) and disclosed on Cambodia Securities Exchange (CSX).

The Management of the Company aware of the implication of such delay in releasing the results and has made efforts to ensure such incident will not recur, whereby the Company has fully understood the process of submission procedures with the Securities & Exchange Commission of Cambodia (SECC) for disclosure matters, and at the same time the Company has already appointed a full time Corporate Disclosure Officer / Investor Relation Manager onboard in handling the corporate disclosure and related matters with the authorities, and to deal with the potential investors in public, hence delay in such manner will not be recurred.

Please feel free to contact us should you have queries or you wish to obtain more information from us.  Thank you.

 

The Management,

Phnom Penh SEZ PLC

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Contact Information

Phnom Penh Special Economic Zone
National Road No.4, Khan Posenchey,
Phnom Penh, Cambodia.

T:
+855 (0)23 729 798
F: +855 (0)23 729 799