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Carbon trade: Cambodia forests for EU scheme


| Sourced From Phnompenhpost |

CAYMAN Islands-registered Green Glory Ltd is in the process of obtaining management rights to establish a carbon credit scheme using Cambodias forests, according to a company statement.

The firm is seeking rights to 450,000 hectares of the Kingdoms woodlands for supply-side carbon credits. It is also planning to list on the London Alternative Investment Market exchange via the acquisition of AIM-listed Tricor Plc.

The agreement between Green Glory and Tricor is subject to conditions

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