Small and medium-sized enterprises (SMEs) in Cambodia can unlock significant growth opportunities by accessing the securities market, a concept explored in detail during a seminar co-organised by the Securities and Exchange Regulator of Cambodia (SERC), APM (Cambodia) Securities Co Ltd and Asset Pro Management Co Ltd on June 5.

The event was supported by the Ministry of Industry, Science, Technology and Innovation and the Young Entrepreneurs Association of Cambodia (YEAC) with the participation of more than 30 entrepreneurs at the Non-Bank Financial Services Authority (NBFSA).

Sou Socheat, Director-General of SERC, emphasized the importance of the seminar for Cambodian entrepreneurs.

“This workshop is crucial for entrepreneurs to understand the securities market, using Thailand as a case study. Marketable companies are those that receive market financing to capitalize and develop through this cash mechanism,” he explained.

Traditionally, SMEs have relied on banks or personal networks to raise capital. However, the securities market offers a new avenue for funding, bringing together numerous investors eager to support these enterprises.

Socheat said that 50,000 individuals are currently registered to buy securities and provided insights on how businesses can attract these investors by adhering to market standards and preparing proper documentation.

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Reporter: Hong Rasmey

Publication date: 06 June 2024

Source: The Phnom Penh Post