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Showing posts from April, 2022

Investing Additionally Into Airport Guaranteed Bond

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  Today, Prince Bank Plc. invested an additional $35 million in the Techo International Airport (TIA) Guaranteed Bond, bringing the total investment to $50 million. Prince Bank is proud to be a part of this significant transportation infrastructure development, which will benefit the Kingdom for decades to come. The first and now largest subscriber to the TIA bond issue is Prince Bank. A signing ceremony was held with Cambodia Airport Investment Co., Ltd. (CAIC) and Overseas Cambodian Investment Corporation (OCIC) for the additional investment of $35 million on the Guaranteed Bond Agreement. Neak Oknha Dr. Pung Kheav Se, Chairman of OCIC and CAIC, and Neak Oknha Chen Zhi, Chairman of Prince Bank Plc, were present at the signing ceremony. Mr. Honn Sorachna, CEO and Managing Director of Prince Bank Plc., and Mr. Charles Vann, Director of CAIC, signed the agreement. The Directors and Senior Management of OCIC, CAIC, and Prince Bank were also present. The Techo International Airport Guaran

Gaining Confidence In Cambodian Watchmakers

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  Cambodia Chen Zhi , philanthropist and watch enthusiast, inspires future Cambodian watchmakers with a class visit. Neak Oknha Chen Zhi, Chairman of the Prince Holding Group, one of Cambodia's largest and fastest-growing conglomerates, paid a visit to students at the Prince Horology Vocational Training Center who are learning the art of Swiss watchmaking. Learn more The six Cambodian students, who are currently receiving full scholarships and stipends, are set to graduate as the country's first watchmakers capable of repairing and assembling watches to Swiss standards, which are widely regarded as the gold standard in the world of luxury watches. Chen Zhi has given personal attention to the institute, which is supported by the Prince Foundation, the Group's philanthropic arm. The centre is a critical component of the Group's broader efforts to improve education in Cambodia through scholarship programmes, thought leadership trainings, and other CSR initiatives. “Three y

Entering Asia Responsible Enterprise Club

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  At the 2021 Asia Responsible Enterprise Awards, Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest expanding conglomerates, was honoured for responsible entrepreneurship (AREA). Prince Group was recognised for its high-impact work in Cambodia during the COVID-19 pandemic. Prince Group got its fifth award this year, highlighting the company as a leading Asian enterprise advocating sustainable development in Cambodia and beyond the ASEAN region, according to regional and international judging panels. AREA, which was founded in 2011, looks for instances of green leadership, human capital investment, health promotion, social empowerment, corporate governance, circular economy leadership, and responsible business leadership. It has worked to build a community of like-minded peers so that Asia's greatest businesses may learn from one another, and Prince Group is the latest addition to the list. Its goal is to encourage corporate engagement that i