CHAYO forms 49:51 jv with Wealth Fund Co., to develop platform for loan issuance (both secured & unsecured) under brand Maitri Money, seeks to diversify revenue sources from distressed asset management to lending business.

Comment: Again? Another company going into the lending business again? Fine…why not….I don’t see how CHAYO will do well, other than perhaps lending to customers that buy the distressed assets they put up for sale…

SAV sees positive earnings momentum continue this year driven by higher air traffic control revenue from an upcoming cod of new international airport in Cambodia (Techo airport), contribution from procurement project for CLMV countries after appointed by SAMART U-Trans to be selling agent for radar & navigation equipment, expecting to sign MOU ATC control with Laos authority by end of 1Q, will bid for AOT’s procurement project this year.

Comment: A quick search shows that air traffic numbers at Cambodia airports have yet to return to 2019, the new Techo airport opens in July 2025, aiming to manage 15 million visitors (now they’re at 6mn)