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17th August, 2022 | 2022
Prince Holding Group Chairman Chen Zhi Recognized Once More as Entrepreneur of the Year.

Prince Holding Group’s Chairman, Chen Zhi, bagged a Gold Stevie® Award in the Entrepreneur of the Year – Conglomerates category for the second consecutive year at the prestigious 19th Annual International Business Awards®. The Group also secured Bronze Stevie® Awards for Company of the Year categories and COVID-19 Most Valuable Corporate Response. The Group has secured a record haul of ten awards this year.

Chen Zhi, a Cambodian entrepreneur, is the founder of Prince Holding Group. It is one of the largest business groups in Cambodia, with various units focusing on three core areas: real estate development, financial, and consumer services. He is also the founder of Prince Foundation, a well-known corporate foundation focusing on improving education, healthcare, and community engagement issues through public-private partnerships.

Over the past five years, the Group has collectively invested billions in various projects in Cambodia. The Group has contributed significantly to Cambodia’s anti-epidemic measures in ensuring minimal business interruption for its timely completion of retail, residential and commercial projects across the Kingdom despite the pandemic.

Chen Zhi has made a huge impact on Cambodia by bringing together executives across many different sectors to take care of the community through affordable housing, Covid-19 vaccinations, educational philanthropy, and learning and employment opportunities for the younger generation,” stated the judging panel.

“Having a vision over 30 years to bring much-needed housing and contributing to a sustainable strategy for Cambodia’s net-zero goals is an admirable goal and a way to bring innovation and prosperity to Cambodia,” said another judging panel.

Chen Zhi is supported by an international senior management team that leads operations across banking (Prince Bank), airlines (Cambodia Airways), real estate (Prince Real Estate and Prince Huan Yu Real Estate,) and investment management (Belt Road Capital and Awesome Investment Group).

“These awards demonstrate our consistency and perseverance as we aim to make a holistic difference in Cambodian society,” said Gabriel Tan, Chief Communications Officer at Prince Holding Group. “All our hard work would not have been possible without the community’s support and the hard work of all of the employees across the member companies within the Group.”

Last year, Chen Zhi also signed off the launch of the Chen Zhi Scholarship. This initiative has seen the Group’s foundation work with the Ministry of Education Youth and Sports and top local universities to launch a US$2 million scholarship program for 400 students over 7 years.

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2nd August, 2022 | 2022
Teeing up for two – healthcare, private banking meet at golf event

Chen Zhi, Prince Foundation is proud to have been a sponsor of SGMC & Phillip Bank Golf Funtasia jointly organized by Singapore Medical Center (SGMC) and Phillip Bank.

Held at City Golf Club, the event led to engagement between several Cambodia-based high net-worth individuals raising awareness of healthcare and priority banking offerings for the betterment of Cambodia. At the event, Prince Brewing served fresh craft beers as well.

“Today we are pleased to co-organize the golf event, together with Singapore Medical Centre Cambodia. We hope more Cambodian can benefit from our comprehensive health insurance and financial services” said Mr. Chan Mach, Chief Executive Officer of Phillip Bank.

Mr. Yeong Hock Ming, Sales & Business Development Manager of Singapore Medical Centre Cambodia (SGMC) presented that “SGMC aims to deliver Singaporean standards of medical excellence to Cambodian residents with a focus on a holistic and wellness approach.”

Prince Foundation, the charity arm of the Group, aims to promote discussions between stakeholders across the healthcare and corporate sectors together. The core value and work of Prince Foundation is also exhibited during the event.

In conjunction with supporting volleyball and wheelchair basketball, Prince Foundation will continue to use sports as an avenue to boost health awareness and make a difference in Cambodia.

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2nd August, 2022 | 2022
Prince Foundation Sponsors MBCC Charity Gala Dinner to Safeguard lives in Kampong Speu Province

Prince Foundation is a silver sponsor of Malaysia Business Chamber of Cambodia’s (MBCC) charity gala dinner, which successfully raised funds enabling Kampong Speu province to become another landmine-free province in Cambodia.

Launched in response to the national campaign “Samdech Techo Project for Mine Action”, the MBCC charity gala is jointly organized with Cambodian Mine Action and Victim Assistance Authority (CMAA), bringing together 21 corporate sponsors and nearly 500 attendees.

Lieutenant General Hun Manet, Deputy Commander-in-Chief of the Royal Cambodian Armed Forces, and Commander of the Royal Cambodian Army, Senior Minister Ly Thuch, First Vice-President of CMAA and president of The Cambodia Wheelchair Basketball Federation (“CWBF”) and H.E. Eldeen Husaini Mohd Hashim, Ambassador of Malaysia to Cambodia are in attendance as the guests of honour.

The funds will go towards safeguarding lives in Kampong Speu province via demining operations involving a range of local and international stakeholders.

“With a strong foundation having been in Cambodia for more than three decades, we are pleased to contribute to the country not only in terms of business development by promoting Malaysian investment but also by ensuring a safer future for Cambodians,” said Oknha Tan Khee Meng, President of the Malaysian Business Chamber of Cambodia.

“Prince Foundation, Chairman Chen Zhi is pleased to continue its involvement in mine action through this event bringing together both local and international stakeholders. We looking forward to pay our part in building a better, safer Cambodia for all,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group.

Prince Foundation has worked closely with CMAA and is committed to Cambodia’s cause for Landmine Free 2025. In July, the foundation helped to raise awareness through producing call to action and deminers’ interview videos during a visit to Pursat province organized by CMAA and The Sir Bobby Charlton Foundation. Prince Foundation also shows ongoing support to Cambodia’s wheelchair basketball team comprised primarily of landmine victims.

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2nd August, 2022 | 2022
Chen Zhi Scholars Undergo Three-Day Soft Skills Workshop To Aid Career Prospects

According to a recent US job market outlook report*, an overwhelming majority ― 93% of employers ― stated soft skills play a critical role in their hiring decisions.

In order to boost the career prospects of 20 Chen Zhi Scholars, Prince Foundation, in collaboration with talent development consultancy Grow4Growth, held a three-day soft skills training workshop seeking to accelerate their personal development, financial literacy, and critical thinking skills.

Occurring between July 28-30, the training was in Khmer and English and conducted by well-established local trainers.

On the first day of the training, the university students discovered and developed their potential by improving their self-awareness, realizing their personal goals and finding ways for self-motivation; the second day of the training instilled financial literacy among students so they can successfully manage current and future finances while the last day focused on the development of creative and critical thinking skills that will prepare them for unforeseen issues during their studies.

“The increasingly complex skillsets and mindsets required by the Industrial Revolution 4.0 mean students cannot just rely on strong academic results,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “Life-long learning, critical thinking and personal finance skills are increasingly important for university students seeking to secure a good future, and Prince Foundation is pleased to work with Grow4Growth to ensure our scholars are suitably prepared for their future.”

“People capacity development is our mission and we are honored to work with Prince Foundation and the Chen Zhi scholars who have amply demonstrated their passion and potential during the workshops,” said Ms. Kim Tol Tan, Founder & CEO of Grow4Growth Consultant. “We are honored to play our part in shaping the bright futures of these young Cambodians.”

A flagship programme of Prince Foundation (the philanthropic arm of Prince Holding Group), the Chen Zhi Scholarship (named after Neak Oknha Chen Zhi, Chairman of Prince Group) aims to provide both academic support and work experience for students by ensuring they receive a quality education as well as exposure to international work practices.

*ZipRecruiter (https://www.ziprecruiter.com/grad-report), “2022 Job Market Outlook for Grads”
https://www.ziprecruiter.com/grad-report

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18th July, 2022 | 2022
2,000 Students Learn About Future Opportunities at Career Fair Organized by Caring For Cambodia

Prince Foundation & Chen Zhi Scholars Take Part

About 2,000 high school students from two high schools in Siem Reap learnt about future prospects and received valuable counsel from different experienced work professionals in a career fair organized by Caring for Cambodia (CFC). The career fair is one of the many events organized by CFC in Career Preparation Program to help high school students secure the right opportunities.

Prince Foundation was one of the corporates participating in the Career Fair event with representatives manning a booth titled “Achieve your dreams with Prince Group” where interested students learnt about the seven main business units and career opportunities within Prince Group at Prasat Bakong High School, Aranh Sakor Cuthbert Primary and Junior High School.

14 scholarship recipients who earlier received the Chen Zhi Scholarship also volunteered and helped design the content and the booth to assist fellow Cambodian youth looking for better career opportunities.

“A career fair is an important way for students to network and gain information firsthand and make informed decisions over their future,” said Rebecca Large, Deputy Country Director at Caring for Cambodia. “We are pleased to have organized a career fair that has seen the largest ever turnout in recent years and we hope it inspires Cambodian students to dare to dream bigger.”

“The pandemic has undoubtedly redefined the learning environment and the types of careers that high school students and university graduates will need to consider,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group. “With the career fair, we hope students received the information they need at a vital juncture to enhance their competitiveness in the workplace.”

Launched in 2006, the Career Preparation program helps more than 3,000 students every year. Students graduating from Caring for Cambodia schools are 18 times more likely to enroll in universities compared to the national average.

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8th July, 2022 | 2022
Women Powering Towards A Mine-Free Future for Cambodia, Prince Foundation Learns

Women are playing crucial roles as Cambodia envision a future free of landmines, representatives of Prince Foundation learned during a field visit to Kampong Chhnang and Pursat provinces of Cambodia.

By 2025, Cambodia aims to end the threat of injuries caused by landmines left behind due to past wars. Cambodia has cleared 2,379 km2 of landmine and ERW contaminated land since 1992, with about 2,000 km2 left.

On July 6, Prince Foundation, Chairman Chen Zhi participated in the “Women’s Power in Mine Action” minefield visit organized by Cambodian Mine Action and Victim Assistance Authority (CMAA) and The Sir Bobby Charlton Foundation, alongside with the Embassy of India in Cambodia, and the American Chamber of Commerce in Kampong Chhnang and Pursat.

His Excellency Senior Minister Ly Thuch, the First Vice President of Cambodian Mine Action and Victim Assistance Authority (CMAA), and the newly appointed President of the Cambodia Wheelchair Basketball Federation (CWBF) introduced the delegation to the female mine clearers known as deminers.

The representatives found out how Cambodian women learn complex demining and clearance skills and use them in the field. The Foundation vowed to do its part to help raise awareness across member companies and among other stakeholders through producing call to action and deminers’ interview videos.

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23rd June, 2022 | 2022
Prince Group, Plan International Completes Handover of 198 Hand Washing Stations for 99 Schools in Sihanoukville

[Sihanoukville, 23 June 2022] Prince Foundation, the philanthropic arm of Prince Holding Group, and Plan International (Cambodia) officially completed the handover of 198 pedal-operated handwashing stations benefitting 99 schools in Sihanoukville, presided over by H.E Kouch Chamroeun, the Governor of Sihanoukville and attended by officials from Provincial Office of Education, Youth and Sport.

The handwashing stations are distributed among 99 institutions, including 72 primary schools, 18 lower secondary schools, and 9 high schools around Preah Sihanouk Province. It is taking place as part of the six-month long Safe to School project, from January to June 2022, implemented by Prince Foundation, Plan International Hong Kong and Plan International Cambodia. The scheme aims to ensure that students have access to proper hygiene facilities as they return to school following the COVID-19 pandemic.

“Almost 40 thousand school children, with a fairly even split between boys and girls, will practice improved hand hygiene in schools in Sihanoukville, with the easy-to-use and disability-appropriate pedal-operated handwashing stations that we have provided,” Gwynneth Wong, Country Director of Plan International Cambodia.

“We want to ensure that students improve their hand sanitation, which is very important for their health and safety at schools following the pandemic, and we are very pleased to get an opportunity to work with Plan International Cambodia and Ministry of Education, Youth and Sports,” said Gabriel Tan, Chief Communications Officer, Prince Holding Group.

Prince Holding Group, under the leadership of Chairman Chen Zhi, has a keen focus on human capital development to aid economic growth for the Kingdom.

Prince Group believes that good hygiene is also expected to foster a better environment, thereby enhancing learning and the quality of education, which is one of the focuses (education, healthcare and community outreach) of Prince Foundation.

About Prince Holding Group:

Prince Holding Group is one of Cambodia’s largest business groups spanning across real estate development, financial services and consumer services.

Prince Holding Group’s key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 80 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors etc.

Leveraging a network of industrial, business and financial professionals across Asia, Prince Holding Group has laid the foundation to be a vital conduit for local and international capital. Moving forward, Prince Holding Group will continue to seek out opportunities to play an important role in Cambodia, through partnerships or direct investments into key industries for the betterment of Cambodians and the local economy.

About Prince Foundation:

Prince Foundation, founded in 2015, is one of Cambodia’s leading philanthropic foundations. A member of Prince Holding Group, which is one of the largest business groups in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

Focusing on education and youth development, healthcare, and community engagement initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia’s youths, build resilience in communities and contributes to sustainable infrastructure.

The Foundation’s flagship projects are the Chen Zhi Scholarship, offering full scholarships, stipends, internship and work opportunities to 400 Cambodian university students over a period of seven years, and Prince Horology, where aspiring Cambodian watchmakers learn the art of Swiss-style watchmaking in a state-of-the-art facility. Prince Foundation has launched more than 250 philanthropic initiatives, benefiting over 500,000 people, with donations exceeding US$14 million.

For further enquiries of Prince Group, please contact:
Ms. Ada Leung / Ms. Christy Pun
Hill+Knowlton Strategies Asia
Tel: +852-2894-6321
Email: princegroup@hkstrategies.com

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16th June, 2022 | 2022
World Bank Delegates Witness Swiss-Style Watchmaking in Cambodia

Prince Horology was delighted to welcome delegation from the World Bank led by Dr. Abla Safir, Senior Economist, and Ms. Ratana Phurik- Callebaut.

The delegation was received by Mr. Gabriel Tan, Chief Communications Officer of Prince Holding Group and Ms. Jessica Thakur, a Swiss-trained instructor, who gave a comprehensive presentation about the school. During the visit, Dr. Abla and Ms. Ratana also met with young, aspiring Cambodian students, understanding their aspiration and challenges in learning the intricate process of Swiss-style watchmaking. The delegation also discussed the career pathway of the graduating class and Cambodia’s skills development with executives of Prince Holding Group.

“I am thankful to Prince Horology for the visit and to their students for sharing their training experience with us,” said Dr. Abla.

“We are delighted to host the visit today. This has given us an opportunity to discuss the vision of the training program and how it will meet the needs of Cambodia’s labor market in the future,” said Gabriel Tan, Chief Communication Officer of Prince Holding Group.

Prince Holding Group, Chen Zhi is elated to play a pivotal role in nurturing local talent who will one day help build a better Cambodia.

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10th June, 2022 | 2022
Prince Foundation Sparks Entrepreneurial Spirit in 312 ITC University Students

(Phnom Penh, 8 June) Setting bold goals is key to achieving a quantum leap in one’s entrepreneurial journey, the Director of Marketing and Planning of Prince Real Estate Group (PRE), Donald Yeo, told an audience of 312 university students from the Institute of Technology of Cambodia (ITC) during a half-day entrepreneurship seminar at the campus.

PRE jointly with its parent company’s philanthropic arm, Prince Foundation, kicked off its inaugural “First Step to Success” roadshow seeking to spark entrepreneurial interest amongst university students through ideas and expertise sharing by subject matter experts. The fun-filled roadshow uses gamification and reward challenges such as trivia and word games to encourage interactive learning among the students.

The entrepreneurship roadshow is part of the Foundation’s efforts to strengthen human capital upskilling in line with its education and youth development core pillar. Motivational speaker Phal Chanseri Rith and fast-rising entrepreneur Heang Omuoy respectively shared challenges and opportunities faced along their entrepreneurial journey.

“Over the past 2 years, the pandemic presented challenges for university students to attend in-person enrichment seminars. Prince Foundation is honored to be among the first entities to offer this opportunity again,” said Gabriel Tan, Chief Communications Officer of Prince Holding Group.

“We strongly believe that great success awaits students who proactively seize opportunities to increase their entrepreneurial knowledge, paired with the upcoming entrepreneurial programme we are planning to roll out,” he added.

The entrepreneurial program is open to all existing university students in Cambodia, sign up is available here.

ITC is one of the four lead Cambodia universities partnering with Prince Foundatizon for the Chen Zhi Scholarship. On top of healthcare and community engagement, education is among the three pillars of Prince Group’s ESG strategy.

About Prince Holding Group:

Prince Holding Group is one of Cambodia’s largest business groups spanning across real estate development, financial services and consumer services.

Prince Holding Group’s key business units in Cambodia include Prince Real Estate Group, Prince Huan Yu Real Estate Group, Prince Bank, Cambodia Airways, Belt Road Capital Management, as well as Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 80 businesses in Cambodia operating in real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors etc.

Leveraging a network of industrial, business and financial professionals across Asia, Prince Holding Group is firmly committed to the long-term development of Cambodia. Prince Holding Group is developing an almost 1000-hectare township project in the Ream coastline of Sihanoukville that will be one of Cambodia’s leading sustainable real estate developments, aiming to secure close to $16 billion in total investment for the region.

Moving forward, Prince Holding Group will continue to seek out opportunities to play an important role in Cambodia, through partnerships or direct investments into key industries for the betterment of Cambodians and the local economy.

About Prince Foundation:

Prince Foundation, founded in 2015, is one of Cambodia’s leading charitable foundations. A member of Prince Holding Group, one of the largest conglomerates in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

Focusing on education and youth development, healthcare, and community engagement initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia youths, build resilience in communities and contributes to sustainable infrastructure.

The Foundation’s flagship project is the Chen Zhi Scholarship, an annual scholarship scheme in conjunction with Cambodia’s Ministry of Education, Youth and Sport that offers full scholarships, stipends, internship and work opportunities to 400 Cambodian university students over a period of seven years. Prince Foundation has launched more than 250 charity events, benefiting 500,000 people, with donations exceeding US$14 million.

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30th March, 2022 | 2022
Philanthropist and Watch Afficionado, Chen Zhi, Instills Confidence in Future Cambodian Watchmakers with Class Visit

Philanthropist and Watch Afficionado, Chen Zhi, Instills Confidence in Future Cambodian Watchmakers with Class Visit.

Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of the largest and fastest-growing conglomerates in Cambodia, visited students of Prince Horology Vocational Training Center undergoing training in the art of Swiss watchmaking.

The 6 Cambodians students, currently under full scholarships and stipend, are set to graduate as the first watchmakers in Cambodia who can repair and assemble watches to Swiss standards – considered widely as the benchmark in the world of luxury watches.

Chen Zhi has paid keen attention to the institute in his personal capacity, supported through Prince Foundation, the philanthropic arm of the Group. The center forms a key linchpin of the Group’s broader efforts to elevate education across Cambodia via scholarship programmes, thought leadership trainings, and other CSR initiatives.

“Three years back, this was just a vision,” shares Chen Zhi. “I am impressed with the progress that has been made since we founded the school before the start of the pandemic and I look forward to see the birth of Cambodia’s first-ever watchmakers trained to Swiss standards.”

Learning all about horology at a center with best-in-class equipment and from international experts, Chen Zhi hopes the passion of these future pioneer watchmakers can serve as an inspiration for high-end craftsmanship across Cambodia.

“Unique to Cambodia, the school brings world-class facilities that rival those found in ateliers or facilities in Switzerland” said Sack-Man Loui, Executive Principal of Prince Horology. “As instructors, we want to do our part to further elevate a culture of artisanal craftsmanship, and have spared no expense to ensure our Cambodian students get the very best.”

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25th March, 2022 | 2022
Prince Foundation Sponsors Inaugural Cambodia Inspiration Journalism Award

14 of Cambodia’s top journalists felicitated at event held at Ministry of Information

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23rd March, 2022 | 2022
Prince Foundation Releases 2021 Annual Report

Prince Holding Group’s philanthropic arm releases annual evaluation of activities and impact representing over $4.5m investments in education, healthcare, and community initiatives

Prince Foundation, the philanthropic arm of Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest-growing conglomerates today, released its 2021 Annual Report. The report demonstrated the Foundation’s year-long initiatives that are both holistic and closely integrated with Cambodia’s national development goals. Over $4.5 million was disbursed primarily into healthcare, with the remaining channeled into educational and community engagement initiatives, staying true to its three-prong focus. Further, Prince Foundation has also contributed to the anti-pandemic efforts of Laos, Cambodia’s neighbour, with a $3 million donation to help it procure 1 million vaccines.

“Given that we have already successfully demonstrated a strategic approach to investment across the sectors of real estate development, financial services and consumer services, I am confident a similar approach by the Foundation will do a lot of good for Cambodia,” stated Neak Oknha Chen Zhi, Chairman of Prince Holding Group.

The annual report highlighted the Foundation’s efforts towards executing its new strategic and investment-oriented rebirth in 2021, imbued with a new mission statement – ‘Together, Building a Better Future for Cambodia’.

Amongst the notable NGOs that Prince Foundation had liaised and worked with, laid out in the report, were Cambodia Red Cross, Caring for Cambodia – an educationally-driven charity, and M’Lop Tapang – a Sihanoukville-based NGO working with at-risk children. Prince Foundation’s determination to transform Cambodian vocational education is also well-known in Cambodia with its support of Prince Horology, a Swiss watchmaking school incubated shortly before the onset of the pandemic. The Foundation is ultimately focused on making a long-term impact across its various projects.

“Our future partnerships will seek to find NGOs that are pragmatic, sustainable, and localized as we believe it will maximise the social value of our investments,” said Gabriel Tan, Chief Communications Officer, Prince Holding Group.

Also highlighted in the report is the transition of Prince Foundation from an initial focus on COVID-19-related initiatives to a focus on educational philanthropy. More significantly, the Chen Zhi scholarship, a seven-year joint effort with the Ministry of Education, Youth and Sport (MoEYS), that helps 400 merit scholars study in renowned local universities was also mentioned.

The annual report proved Prince Foundation’s commitment towards Cambodians by taking a strategic multi-stakeholder partnership approach whilst ensuring Cambodia looks forward to a brighter future. Over six years, the Foundation has donated in excess of US$14 million, benefitting the lives of more than half a million Cambodians.

Please access the full report here.

About Prince Foundation:

Prince Foundation, Chairman Chen Zhi founded in 2015, is one of Cambodia’s leading charitable foundations. A member of Prince Holding Group, one of the largest and fastest-growing conglomerates in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

For further enquiries of Prince Group, please contact:

Ms. Ada Leung / Ms. Christy Pun
Hill+Knowlton Strategies Asia
Tel: +852-2894-6321
Email: princegroup@hkstrategies.com

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10th March, 2022 | 2022
Prince Foundation & Cambodia Investment Review Jointly Rollout Young Business Journalist Program

Prince Foundation, the philanthropic arm of Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest-growing conglomerates, has signed a memorandum of understanding (MoU) with Cambodia Investment Review (CIR), a promising media platform dedicated to investment news in Cambodia. The organizations will jointly develop the ‘Prince Foundation Young Business Journalist Program’ that will support two outstanding Cambodian media & communications students studying at the Royal University of Phnom Penh.

Both institutions strongly believe in the importance of capacity building in the media sector which, in turn, can help better explain Cambodia’s business potential and improve it as an investment destination. The selected students, Sam Oudom and Pang Socheneath, will undergo paid internships with in-house training and real-world newsroom opportunities. By supporting the professional growth of talented Cambodian journalists, Prince Foundation hopes to aid the heathy development of the business media and communications sector.

“This initiative gives us a fantastic opportunity to help develop Cambodia’s up-and-coming business journalists,” said Harrison White, CEO of Cambodia Investment Review. “I thank the Prince Foundation for its ongoing commitment to elevating education in Cambodia and believing in our mission as a local institution living up to international standards.”

“At Prince Group, we are always excited about new ventures and Cambodia Investment Review has demonstrated itself in a year as a valuable addition to Cambodia’s media landscape,” says Gabriel Tan, Chief Communications Officer, Prince Holding Group. “By supporting this scholarship programme, we believe that two vital yet underappreciated sectors – media and communications – will get a boost. Further, we believe the scholarship recipients will go on to become strong educators in their own right as journalism and communication professionals.”

The partnership continues Prince Foundation’s drive to help develop Cambodia’s educational initiatives in line with the broader Group’s focus on building a better life in Cambodia. Prince Foundation has been actively involved in elevating the education sector over the past year and has unveiled a substantive scholarship program, supported a novel watchmaking school, ensured safe re-opening of schools in Cambodia and contributed to a programme that helps underprivileged high school students plan for their careers.

About Prince Foundation:

Prince Foundation, Chen Zhi founded in 2015, is one of Cambodia’s leading charitable foundations. A member of Prince Holding Group, one of the largest and fastest growing conglomerates in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

About Cambodia Investment Review:

Cambodia Investment Review is a first of its kind local news outlet dedicated to Cambodian investment news in the English language. CIR is focused on encouraging more quality investment in Cambodia by publishing the latest business and investment news to both local and international audiences.

For further enquiries of Prince Group, please contact:

Ms. Ada Leung / Ms. Christy Pun
Hill+Knowlton Strategies Asia
Tel: +852-2894-6321
Email: princegroup@hkstrategies.com

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26th January, 2022 | 2022
United Nations Industrial Development Organization (UNIDO) Cambodia Observed a Typical Swiss Watchmaking Class in Prince Horology

Representatives from United Nations Industrial Development Organization (UNIDO) Cambodia recently observed a class at Prince Horology, Phnom Penh’s first and only Swiss watchmaking school. The class tour was led by Swiss-trained instructor Ms. Jessica Thakur.

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13th January, 2022 | 2022
TIMECITY Watch Chain CEO Kouch Navy Tours Phnom Penh’s First and Only Swiss Watchmaking School

Navy Kouch, CEO of LDI Enterprise Ltd, toured the classrooms of Phnom Penh’s first and only Swiss watchmaking school, Prince Horology. A devoted mother and a successful business owner, Navy operates 21 watch outlets in Phnom Penh and provinces under the TIMECITY brand.

“I was certainly amazed to see the commitment by Prince Group towards watchmaking who have brought in impressive equipment from Switzerland and Germany to develop local talent. It was also a pleasure to have Ms. Jessica Thakur, the resident Swiss-trained instructor, as my tour guide at the school. Cambodia is clearly at the dawn of a new era for vocational education as crafts like watchmaking are now taught at local schools like Prince Horology,” said Navy.

TIMECITY is the authorised reseller for Tissot, MIDO, Casio, CITIZEN, and Orient watches in the country.

“Prince Horology is one of our key initiatives to accelerate local talent development and we are pleased to showcase the school’s advanced infrastructure and comprehensive curriculum that are based on Swiss standards,” said Gabriel Tan, Chief Communications Office at Prince Holding Group. “We are glad that Ms. Navy could visit Prince Horology as we all play our respective part to instil confidence and passion within the local watch community,” he added.

Prince Holding Group, Chairman Chen Zhi through its charitable arm Prince Foundation, has been supporting Prince Horology since its inception.

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12th January, 2022 | 2022
Caring for Cambodia Warmly Received in Visit to Prince Holding Group Headquarters

In inaugural donor meet, Prince Holding Group receives update and introduces experienced NGO professional to talented Cambodian youths working at the firm

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11th January, 2022 | 2022
Prince Group and Plan International Jointly Aid Over 39,000 Students’ Safe Return to 99 Schools in Sihanoukville

Initiate Handover of 198 Pedal-Operated Handwashing Stations & 990 Infrared Thermometers at School Reopening Ceremony Presided by Minister of Environment Say Samal and Preah Sihanouk Governor Kuoch Chamroeun

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6th January, 2022 | 2022
Prince Group Partners Plan International to Support Safe Reopening of Sihanoukville Schools with Pedal-Operated Handwashing Stations

MoU signing held at MoEYS between Prince Foundation and Plan International Cambodia, with H.E. Dr. Hang Chuon Naron as Guest of Honour

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24th December, 2021 | 2021
Cambodia’s First-ever Batch of Future Watchmakers Graduated to Second Year of Study at Prince Horology

In an extraordinarily challenging year for Cambodia’s educators and students alike, Prince Horology, Phnom Penh’s first ever Swiss watchmaking school, is proud to announce that the debut group of six Cambodian students have moved onto the second year of their programme. All six students are currently on a full scholarship supported by Prince Foundation that includes a stipend and allowance for accommodation.

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10th December, 2021 | 2021
Announcement on Prince Holding Group’s acceptance as EuroCham Cambodia member

We are pleased to announce that Prince Holding Group, Chairman Chen Zhi one of the largest and fastest growing conglomerates in Cambodia, is now part of EuroCham Cambodia as an Associate Corporate Member. We look forward to engaging with EuroCham to work together and build a better future for Cambodia!

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1st December, 2021 | 2021
Prince Group Chairman Chen Zhi donates US$2M more to Laos’ anti-COVID efforts

Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates, has donated US$2 million to assist the government of Laos in its efforts to combat the COVID-19 pandemic. Earlier in September, Chen Zhi had also contributed $1 million. Both donations heeded the call of Prime Minister Hun Sen to strengthen bilateral COVID-19 cooperation between the two neighboring countries.

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17th November, 2021 | 2021
Prince Group Wins “Best Country Awards for Overall CSR Excellence, Best in Cambodia” at The Global CSR Awards 2021

Prince Holding Group (“Prince Group”), one of Cambodia’s largest and fastest growing conglomerates, has been recognized as the Gold Winner of “Best Country Awards for Overall CSR Excellence, Best in Cambodia” at The Global CSR Awards 2021, now in its 13th year. Prince Group was selected among some of the best companies from Asia, United Arab Emirates and Europe.

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30th September, 2021 | 2021
Prince Group Chairman Neak Oknha Chen Zhi donates $1M donation to help Laos fight the pandemic

Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates, has donated US$1 million to the Laos government in response to the Cambodia authorities’ call to strengthen cooperation with Laos in fighting the pandemic.

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17th September, 2021 | 2021
Prince Group Joins Asia’s Responsible Enterprise Club

NGO Enterprise Asia picks Prince Group in Cambodia for Social Empowerment award; Organizer receives more than 500 entries

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8th September, 2021 | 2021
Chen Zhi Scholarship Jointly Launched by Prince Group and Ministry of Education Youth and Sport to Prepare Cambodian University Students For Post-Pandemic Future

Full tuition fees and stipends for 400 university students to advance sustainable development, financial inclusion and world-class hospitality; Awardees to get internship and employment opportunities at Prince Group

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31st August, 2021 | 2021
Prince Foundation Celebrates Sixth Anniversary with Rebranding & Strategic Review

Charity arm of Prince Group aims to be more strategic and investment-oriented in approach

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20th August, 2021 | 2021
Prince Group Chairman Neak Oknha Chen Zhi Wins Entrepreneur of the Year – Conglomerates at 2021 International Business Awards

2021 IBA received more than 3,800 entries from organizations in 63 nations as leaders of conglomerates tasked with need to tackle diverse social problems

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12th August, 2021 | 2021
Prince Group Partners with Caring for Cambodia, Sponsors Career Prep Program

Prince Charitable Foundation will work with leading education-focused charity to enhance academic and career prospects of 7,000 students in new post-pandemic normal

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14th May, 2021 | 2021
Prince Group Recognized For Corporate Response To COVID-19 In 2021 Asia Pacific Stevie Awards

Prince Group secures a Silver Stevie® Award for COVID-19 Response – Most Valuable Corporate Response becoming the only firm in Cambodia to win in the category

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18th March, 2021 | 2021
Chairman Chen Zhi Donates US$3M to Fight Covid-19, Leading the Way for Anti-Pandemic Initiatives Across Prince Group in Cambodia

Prince Real Estate provides daily essentials to 804 underprivileged families of Chamkarmon District affected by February 20 community outbreak

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11th March, 2021 | 2021
Chen Zhi and Prince Group Commit $3 million to Help Cambodia Combat Rising COVID-19 Caseload

On March 11, in view of the escalating situation caused by the rising number of COVID-19 cases in Cambodia, Neak Oknha Chen Zhi, chairman of Prince Holding Group, better known as Prince Group, affirms the Group’s commitment to social responsibilities, announcing plans to donate $3 million to the Cambodian government’s anti-epidemic efforts. Chen Zhi has extended his assistance during the Kingdom’s time of need and expressed strong support for Prime Minister Hun Sen’s drive to combat the ongoing epidemic.

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15th February, 2021 | 2021
Prince Holding Group Distributes Essential Goods to 500 Families Near Ream City Project

Charity arm of Cambodian conglomerate engages local community as key stakeholders for upcoming 834-ha project

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8th February, 2021 | 2021
Prince Holding Group Unveils Sustainable Development Masterplan by Surbana Jurong for Ream City in Sihanoukville

Cambodian conglomerate brings world-renowned expertise from Singaporeto oversee 834-ha project, catalyzing growth in Cambodia’s 3rd largest city

[Hong Kong, 8 February 2021] – Canopy Sands Development, a member of Prince Holding Group, one of Cambodia’s largest and fastest growing conglomerates, approved a masterplan for Ream City developed by Surbana Jurong Group, a global urban, infrastructure and managed services consultancy headquartered in Singapore. The masterplan specifies a land use plan for the 834-hectare project requiring total investments estimated at US$16 billion, and will be developed on reclaimed land conveniently located within a 10 minutes’ drive from Sihanoukville International Airport. Ream City will act as a catalyst for the growth prospects of the entire Sihanoukville region, Cambodia’s third-largest city and home to the country’s deep-water port.

Ream City is set to transform Sihanoukville by introducing a sustainable ecosystem of tourism, commercial and residential activity that has the potential to house up to 130,000 residents. Upon completion, the masterplan envisions the construction of family attractions, condominiums, landed and beachfront homes and affordable housing estates, themed shopping malls, business hubs, beach resorts, hotels, condotels, yacht and marina club. Surbana Jurong was appointed to undertake the masterplanning, urban design and coastal engineering works for Ream City.

Cambodia is located between Thailand and Vietnam and has positioned itself to be an attractive investment destination for businesses looking to expand in the ASEAN region.

Mr Yeo Choon Chong, CEO, ASEAN, Surbana Jurong said, “Cambodia continues to attract a steady flow of foreign direct investments. With our partners, we see immense potential to drive growth in this key market through our participation in iconic infrastructure projects.”

“The proposal prioritises the integration of nature to enhance the built environment. A major part of the plan includes an extensive beachfront that stretches beyond 6km. This will support a wide range of waterfront activities and inject vibrancy to the community. The plan also includes infrastructure enhancements to the community to support civic and community facilities such as schools, parks and open spaces, sports complexes, polyclinics and neighbourhood-level amenities. Once fully developed, Ream City will be an exciting destination for dining, retail, work, recreation and living.”, Mr Yeo added.

“We have liaised with Surbana Jurong for more than a year and are very happy with the masterplan they have proposed for Ream City,” said Mr Khong Weng Fook, Managing Director of Canopy Sands Development. “Surbana Jurong has consistently impressed clients around the world and are well-known for their extensive experience in urban development, deep and global talent pool, and comprehensive global coverage as they have developed masterplans for a wide variety of projects in more than 30 countries.”

“We are looking forward to working together to convert their proposed land use plan into reality and create a sustainable solution for living for the betterment of Sihanoukville and Cambodians.”

Beyond tourism, Sihanoukville Province is also diversifying economically with a growing base of entertainment, manufacturing, logistics, electricity production and agriculture businesses. It is situated at the cross-roads of major infrastructure initiatives like the Belt and Road Initiative and the Greater Mekong Subregion Economic Corridors southern route. The airport is also undergoing expansion and will initially see its capacity increase to accommodate 3.6 million passengers annually with further plans expected to deal with a potential passenger load of 10 million by 2030.

Together, Prince Group and Surbana Jurong aim to bring a holistic and meticulously planned approach to the coastal development that leverages the strengths of both parties – Prince Group, which also counts Prince Real Estate Group, Prince Bank, Cambodia Airways and Prince Huan Yu Real Estate among its group of companies, has completed numerous projects in Phnom Penh and Sihanoukville and has invested more than US$2 billion in local projects with a view to “Build a Better Life” for Cambodians.

A major part of the plan includes an extensive beachfront that stretches beyond 6km. This will support a wide range of waterfront activities and inject vibrancy to the community.

About Prince Holding Group

Prince Holding Group, Chairman Chen Zhi better known as Prince Group, is one of the largest corporate conglomerates in Cambodia, with businesses spanning across multiple industries, including real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors. Prince Group adheres to its mission of “Building a Better Life” and the Group’s philosophy espouses the values of “Commitment, Responsibility, Respect, Generosity and Innovation”.

About Canopy Sands Development:

Canopy Sands Development’s vision is to build thriving living and working environments that elevate people’s livelihoods and wellbeing and deliver lasting prosperity to local communities. Led by a local and international team of highly experienced, reputable and respected professionals, each of whom has a unique and strategically critical global perspective, Canopy Sands Development is laying the foundations that will catalyze greater economic opportunities, generate major socio-economic benefits, and ensure long-term prosperity.

A leader in real estate development, Canopy Sands Development is working to build vibrant new communities across Cambodia, each of which will be built according to the highest international standards. In doing so, the company will create significant economic, social, and educational opportunities and deliver sustainable and lasting benefits to Cambodian communities.

About Surbana Jurong:

Surbana Jurong Group (盛裕集团) is one of the largest Asia-based urban, infrastructure and management services consulting firms, with 70 years of track record in successful project delivery. Headquartered in Singapore, the Surbana Jurong Group comprises SMEC and Robert Bird Group in Australia, Sino-Sun in China, AETOS, KTP, Prostruct and SAA in Singapore, and B+H in Canada.

Our global talent pool of over 16,000 employees from more than 120 offices in over 40 countries worldwide includes architects, designers, planners, engineers and other specialists, who are driven by progressive thinking and creative ideas to help shape a better future.

Our technical experts deliver best-in-class solutions that cover the entire project life cycle from planning and design, through to delivery and management, and even decommissioning and closure. We provide a full suite of consultancy services across a diverse range of sectors such as aviation, healthcare, hospitality, transport, water and environment, energy and resources.

With a wealth of experience, we have built more than a million homes in Singapore, crafted master plans for more than 30 countries and developed over 100 industrial parks globally, building homes and designing cities that are socially, economically and environmentally sustainable, empowering communities to thrive.  For more information, please visit: surbanajurong.com.

 

For further enquiries, please contact:

Ms. Ada Leung
Hill+Knowlton Strategies Asia
Tel: +852-2894-6225
Email: Ada.leung@hkstrategies.com

Mr. Andrew Scott
Hill+Knowlton Strategies Asia
Tel: +852-5918-9896
Andrew.scott@hkstrategies.com

 

For further enquiries of Surbana Jurong Group, please contact:

Karen Yew
Group Chief Communications and Branding Officer
Surbana Jurong Group
Email: karen.yewwl@surbanajurong.com

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27th January, 2021 | 2021
Prince Holding Group Brings International Brands to Cambodia With New Commercial Retailing Project

Prince Real Estate Group, a member of Prince Holding Group, a leading conglomerate in Cambodia, has successfully conducted an investment agreement ceremony of Prince Square. The project will be the real estate developer’s first commercial retail project in Phnom Penh, Cambodia and it will bring a slew of well-known brand names like Adidas, Levi’s, Skechers, Nike by Supergo, Huawei, OPPO, Potato Corner, Dakasi, Panda Cake and Pizza Hut to the city.

As a metropolitan area, Phnom Penh is steadily integrating into the global economy. According to the Globalization and World Cities Research Network, Phnom Penh was classified as a Gamma+ city (cities that link smaller economic regions into the world economy) in 2020 moving up the ranks over the past two years.

With a total floor area of 35,000 square meters of retail space. Prince Square will be a four-storey building with a large supermarket, an international cinema, a fitness club, international restaurants, an indoor playground and fashion stores.

“I am deeply impressed by the number of tenants that have already signed on for Prince Square. As the first commercial retailing project for Prince Real Estate Group, I am pleased to note that the construction of Prince Square will involve the use of advanced equipment and attract world-renowned brands that will cater to the needs and preferences of Phnom Penh residents,” said H.E. Mr. Khuong Sreng, municipal governor of Phnom Penh. “We hope it will attract local and international tourists to the city and increase Phnom Penh’s attractiveness as an investment destination in Cambodia.”

Prince Real Estate Group is one of the top developers in Cambodia. Founded in 2015, Prince Real Estate Group has completed numerous projects in Phnom Penh and Sihanoukville. It has contributed to the rapid transformation of urban Phnom Penh in recent years with real estate projects spanning across 1 million square meters.

“We are thankful for the support offered by the Phnom Penh municipal government and leaders of relative departments that has ensured the smooth development of the project so far,” said Steven Wang, CEO of Prince Real Estate Group. “It has been a long journey for Prince Square but with such high-profile tenants signing on, we have taken an important first step. Prince Square and its strategic brand partners will complement one another by sharing resources and seeking development opportunities together allowing us to live up to our aspiration of helping Cambodians build a better life.”

Prince Real Estate Group is run by a team of experienced architects, property development professionals and building managers with extensive experience developing residential and commercial buildings, resorts and integrated facilities.

Prince Real Estate Group aims to be a multinational developer with aspirations to pursue projects across Southeast Asia.

 

About Prince Holding Group

Prince Holding Group, Chen Zhi better known as Prince Group, is one of the largest corporate conglomerates in Cambodia, with businesses spanning across multiple industries, including real estate development, banking, finance, aviation, tourism, logistics, technology, food and beverages, and lifestyle sectors. Prince Group adheres to its mission of “Building a Better Life” and the Group’s philosophy espouses the values of “Commitment, Responsibility, Respect, Generosity and Innovation”.

 

For further enquiries, please contact:

Ms. Ada Leung
Hill+Knowlton Strategies Asia
Tel: +852-2894-6225
Email: Ada.leung@hkstrategies.com

Mr. Andrew Scott
Hill+Knowlton Strategies Asia
Tel: +852-5918-9896
Andrew.scott@hkstrategies.com

 

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20th January, 2021 | 2021
Chen Zhi and Prince Holding Group Bring the Art of Swiss Watchmaking to Cambodia

The global pandemic has changed the working lives of many people across the world, including in Cambodia. Chairman Neak Oknha Chen Zhi (陈志公爵) and Prince Group, being a responsible corporate citizen, have opened the Prince Horology Vocational Training Center, Cambodia’s first independent watch school. The training center gives Cambodians the opportunity to learn a new artisanal skill – watchmaking – and gain the necessary experience to help them in job markets in Cambodia and abroad. The training center follows the strict regulations for watchmaking outlined by regulatory bodies in Switzerland.

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30th December, 2020 | 2020
Chen Zhi and Prince Group Raise Awareness for Sustainable Agriculture in Cambodia with Launch of Prince Manor Resort

Around the world, the COVID-19 pandemic has reset fundamental assumptions underpinning various industries. In Cambodia, environmental conservation is now an important feature in recovery efforts for the agriculture sector, and Neak Oknha Chen Zhi (陈志公爵) and Prince Group are spearheading change in the sector.

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8th December, 2020 | 2020
Chen Zhi and Prince Holding Group at Forefront of Cambodia Private Sector’s ESG Initiatives

(PHNOM PENH, Cambodia – 8 December 2020) – COVID-19 has highlighted the importance of environment, social and governance (“ESG”) practices at companies across the world. But there was talk of change even before the outbreak of the pandemic. Last year, the Business Roundtable (a group representing 181 CEOs of America’s largest corporations) outlined that companies must “support the communities in which they operate”, upturning the longstanding focus on wealth maximization for shareholders espoused by American economist Milton Friedman.

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