CNRP TV Raises $1.5M, Abandons Share Sales Model
“The CNRP has received a notice from the Cambodian Stock Exchange commission that any company that wants to collect money from the public has to fill in their forms and follow their procedures, which we have not,” Mr. Rainsy said.
“Therefore, we will stop asking the private company to raise funds. The party will now ask for people to give donations to the party, to remit money to the party, and the party will then invest the money in the private company.”
“Therefore, we will stop asking the private company to raise funds. The party will now ask for people to give donations to the party, to remit money to the party, and the party will then invest the money in the private company.”
“The party is entitled to receive money as donations, and it is up to the party to invest that money as it wishes.”