By  on May 29, 2014

PHNOM PENH, Cambodia — Despite the ongoing labor unrest that has dogged the garment sector for the past six months, a Taiwanese-owned apparel manufacturer will be the first private company to list on Cambodia’s nascent stock exchange, with the initial public offering due next month.

Grand Twin International’s IPO has been delayed repeatedly, with underwriter Phnom Penh Securities revealing Thursday, the day of the company’s planned debut, that it would be postponed yet again to June 12. Multiple public holidays in May caused delays in the finalization process, said Sok Chamroeun, advisory manager of PPS.

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