Wing Bank
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A legal entity that is accredited by the Securities and Exchange Regulator of Cambodia to be the bondholders’ representative in accordance with the existing regulations. The Bondholders’ Representative has been designated by the issuer to represents and defends the rights and interests of bondholders (investors)​ in relation to the issuer. For the Issuer, the bondholders’ representative serves as a liaison between the issuer and the bondholders.

Wing Bank has served as Bondholders’ Representative service for 3 issuer companies in the Cambodia Securities Market as below:

  1. CIA First International School (Tranche I) & (Tranche II)
  2. TELCOTECH LTD.
  3. Royal Group Phnom Penh SEZ Plc.
Safer for the Bondholders

The bondholders’ representative safeguards bondholders’ interests, oversees issuers’ performance of obligations pursuant to the bondholders’ representative agreement, and may intervene on behalf of all bondholders in a distressed situation.

Convenient for the Issuers

The issuers may refer to the bondholders’ representative as the representative of all bondholders, and it may reject bondholders who file direct claims against the issuer. In the case of a quarrel or a demand for renegotiation, the issuer may explore various procedures with the bondholders’ representative in confidence.