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HomeNewsCambodiaMoody's says Nagacorp's Angkor Wat plan "credit negative"

Moody’s says Nagacorp’s Angkor Wat plan “credit negative”

Credit ratings agency, Moody’s says Nagacorp’s planned development of a resort near the Angkor Wat temple complex is credit negative as it reduces the company’s liquidity buffer. The plan pushes capital expenditure over the next five years to $4 billion.

 

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