Securities (IPO, Bond, Derivative)
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Securities (IPO, Bond, Derivative)
Sithisak Law Office is one of Cambodia’s most experienced firms in securities law, serving as accredited counsel to the Securities and Exchange Regulator of Cambodia (SERC) and trusted advisor to issuers, underwriters, and investors. With a strong record in Cambodia’s landmark IPOs and bond issuances, both public and private, we deliver expert solutions that meet your expectation.
Key Services
- IPO advisory and compliance.
- Bond issuance (plain, secured and guaranteed)
- Derivative licensing and compliance.
- Legal due diligence and restructuring for listing.
- Drafting/reviewing underwriting, subscription, and disclosure documents.
- Advising on REITs, CIS, and fund structures.
- Bond terms and conditions and security documentation.
- Intercreditor agent.
- Security agent.
- Regulatory submissions to Securities and Exchange Regulator of Cambodia (SERC) and Trust Regulator (TR).
Track Records
- Being an accredated lawfirm to provide legal service in securities sector.
- Being an appointed legal lawyer of the securities and exchange regulator of Cambodia (SERC) in regulatory compliance issue.
- Being a consultative partner of SERC and Trust Regulator of Cambodia (TRC) in reviewing and providing input to new legal instruments;
- Acted as committee member in Excellence Program 1 and 2 of SERC, in advising SMEs that are willing to prepare for listing.
- Legal counsel to ACLEDA Bank Plc., Phnom Penh Autonomous Port, DBD Engineering Plc. and Cellcard (CAMGSM Plc.) in IPO listings.
- Legal counsel to a ACLEDA Bank Plc, Golden Tree Plc., CAMGSM Plc. (Cellcard) in bond issuance due diligence.
- Acting as Intercreditor Agent and Security Agent in Cambodia’s first infrastructure project bond having approximate value of USD 50 million to finance a 60 MW solar power plant.
- Acting as Security Agent for various creditors and ADB-backed bond isssuances in Cambodia, having total approximate value of USD 100 million injecting into telecomunication, Special Economic Zone and education sector.
- Acted as lead advisor in a financing project for the issuance and financing of USD 40 million private bond by a Special Economic Zone in Koh Kong Province with purpose of developing the infrastructure and the Biomass Power Plant.
- Advised Golden Tree Plc. on Cambodia’s first green bond issuance.
- Advised Royal Railway Plc. in first ever sustanibility bond issuance guaranteed by a London-based credit guarantee.
- Advised and assisted a Vietnamese company in its application for derivative broker license from Securities and Exchange Regulator of Cambodia (SERC).
- Advised on fund establishment process having the amount of more than USD 80 million.
- Advising several other companies in their proposed listing through IPOs and bond issuances.
