27 June 2017
http://www.phnompenhpost.com/business/ceo-seeks-convert-naga-capital-stock
CEO of NagaCorp Ltd announced that he would
seek to transfer his personal investment of $369 million used for the
development of Naga 2 and NagaCity Walk in a concurrent conversion of
bonds. This updated conversion, if accepted by shareholders and market
regulators under a whitewash waiver, would see his stake in the
Hong Kong-listed company jump from nearly 40% to 70%.
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