Real Estate Firm JS Land Plc Receives In-Principle Approval for Stock Listing

• Sommana Yan
• 14 December 2021
• Local News
• 2675 Views

JS Land Plc, a housing developer, has received in-principle approval for a stock listing on the Cambodia Securities Exchanges (CSX).

The approval was made in an official meeting on the non-banking financial service sector held on 13 December under the presidency of HE Aun Pornmoniroth, Minister of Economy and Finance.

In the meeting, the non-banking financial council asked the JS Land Plc to complete the additional requirements with the Securities Regulator of Cambodia before proceeding with procedures of IPO.

JS Land is a Phnom Penh-based condominium developer incorporated in 2014 and was one of the pioneers of affordable housing in the capital.

For the construction and real estate sectors, JS Land Plc is the second company that received approval on equity securities listing eligibility review on the growth board of the CSX after DBD Engineering Plc.

• Business and Market
• Economy and Finance