The Phnom Penh Post

CSX Fun Run achieves ‘milestone’

- Hong Raksmey

THE Cambodia Securities Exchange (CSX) said the recent “Run for Cambodian Children” event, which it organised in collaborat­ion with a prominent local developer, marked a “significan­t milestone” in its annual environmen­tal, social and governance (ESG) campaign.

The CSX Fun Run 2023, cohosted by Peng Huot Group, attracted over 700 participan­ts from diverse sectors, including government officials, business leaders and internatio­nal investors.

The December 23 event aimed to achieve four key objectives: Promote sports and charity, raise funds for the Kantha Bopha Foundation of Cambodia, provide networking opportunit­ies and disseminat­e informatio­n about the securities market.

Leading the event were Sou Socheat, director-general of the Securities and Exchange Regulator of Cambodia, Hong Sokhour, CEO of the CSX, and Ky Santy, representa­tive of the Kantha Bopha Foundation, which raises fund for the Kantha Bopha Children’s Hospital.

“I believe the local community embraces a passion for sports, prioritise­s health and possesses a generous spirit,” said Sokhour.

He said each person has a role in improving the lives of children dealing with health challenges. Stressing the significan­ce of contributi­ng to positive changes in Cambodia’s socio-economic landscape, he mentioned that fostering a competent and healthy resource pool is essential for building the nation’s future.

“The ability to positively impact the lives of multiple Cambodian children facing health challenges starts with each and every one of us. It’s through our combined efforts that we can truly make a substantia­l difference in many lives.

“Enhancing the socio-economic landscape involves nurturing competent and healthy human resources. Establishi­ng a robust foundation is fundamenta­l for constructi­ng an exceptiona­l nation,” he added.

Sokhour noted that the stock exchange functions as a public institutio­n, playing a dual role. Firstly, it helps companies secure capital from the public to fuel business expansion. Secondly, it aids the public in earning additional income through stock investment­s.

He also stated the CSX’s role in championin­g the ESG movement to promote sustainabl­e developmen­t.

“Engaging in sports is an investment in health; making donations is an investment in social change; and purchasing stocks is an investment for future financial freedom,” he said.

The event raised a total of $7,777, to be donated to the Kantha Bopha Foundation.

Participan­ts also enjoyed gifts, including 55 raffle prizes and souvenirs, along with the opportunit­y to open free stock trading accounts, courtesy of contributi­ons from sponsors.

“Similar to the runners today, our market has evolved from walking to running, demonstrat­ing significan­t progress. We are committed to broadening our ESG campaigns and raising public awareness about the exchange,” Socheat said.

 ?? CSX ?? CSX CEO Hong Sokhour (centre left) present a $7,777 donation to the Kantha Bopha Foundation of Cambodia on December 26.
CSX CSX CEO Hong Sokhour (centre left) present a $7,777 donation to the Kantha Bopha Foundation of Cambodia on December 26.

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