Reason for this visit

In view of Cambodia's economic structure that is highly dependent on foreign exchange reserves, it is bound to be highly open to investment, and there is almost zero threshold for foreign capital to enter Cambodia. Cambodia also relies on open policies, sustained economic growth, rapid expansion of domestic production capacity, and continuous improvement of national infrastructure and financial investment regulations, all of which are conducive to its growth as the next "financial center." Recently, investors have called to ask for more exposure of Cambodian licensees whose actual addresses are inconsistent with the regulatory addresses. Based on the feedback from investors and the work plan of the survey team, the survey staff are going to visit UAG Trade Asia, a licensed dealer in Cambodia, to learn more about the actual situation.

On-site visit

Regulatory information shows that the address of UAG Trade Asia's licensed company in Cambodia is No. 2C, Street 352, Sangkat Boeung Keng Kang 1, Khan Chamkamorn, Phnom Penh. The investigators conducted a field visit to this location.

The building where the dealer’s office is located can be found in a residential area of Phnom Penh, the capital of Cambodia. The street was relatively deserted. Many shops around were closed. The survey personnel found the dealer at the corner of the street. It was closed, and there was no notice at the door of the company.

Conclusion

The investigators went to visit the dealer UAG Trade Asia in Cambodia as planned. The dealer’s logo can be found on the publicly displayed address, indicating that the dealer has a real business place. Unfortunately, the investigators failed to enter the company for further visit, so the specific scale of the business remains unknown. Investors are asked to make a sensible choice after careful consideration.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.