In 2008, The Memorandum of understanding on the “Establishment of a Cambodia Securities Exchange in the Kingdom of Cambodia” was signed by the Ministry of Economy and Finance of the kingdom of Cambodia and Korea Exchange. In March 2009, the Royal Government of Cambodia represented by the Ministry of Economy and Finance (MEF) and Korea Exchange (KRX) has signed a “Joint-Venture Agreement” to establ
ish a stock market (“The Cambodia Securities Exchange Co., Ltd”), as a public enterprise in accordance with the Law on the General Statutes of Public Enterprises. In accordance with the Joint-Venture Agreement, the Cambodia Securities Exchange (CSX) has been capitalized by both parties in which MEF owns55% of the registered capital and KRX the remaining 45%. In accordance with the Law on Issuance and Trading of Non-Government Securities, the CSX had been granted approval to function as market operator, clearing and settlement facility operator, and depository operator. CSX is a partly state-owned company, with a mandate to establish and operate the only stock exchange in the country. It serves as a market operator, clearing and settlement operator, and depository operator.
