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OVERVIEW
Anco Electricity Poipet Co. Ltd (AEP) was established in 1999. The Company has designed, financed, built, own,
operated and maintained a 22 KV transmission line facility from Thailand
with capacity of 11.7 MW. AEP has now 4000 customers including 8 casino customers which consumes
70% of electricity purchased from Thailand.
In 2005, the company has expanded its business by installing 22 KV transmission line facility
(30 km from Vietnam border) in Koh Thum district, Kandal province. The estimated investment
cost of the expansion is USD 1.5 millions.
The company has 30 employees in total.
FINANCIAL SUMMARY
::
The company paid-up capital was USD 4 million, fully financed by
Oknha. KOK AN
:: Turnover was Baht 250 million (USD 6.25 Million) and Net profit was USD 3.25 millions
in 2004.