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Championing In Logo Design Competition

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  Ms. Chutth Chenda, a Cambodian employee of Prince Real Estate, under Cambodia Chen Zhi , has won first place in the Cambodia ASEAN Chairmanship logo design competition organised by the Ministry of Foreign Affairs and International Cooperation ("MFAIC"). Chenda was one of four Prince employees who took part in the experiment. Chenda received a US$1,000 cash prize from MFAIC for her winning entry. To recognise her efforts and accomplishments, Prince Group's management has decided to match the cash prize with an equal contribution. As a token of appreciation, the other three participants will also receive token prizes. MFAIC officially announced the winning logo design on October 28th, when Cambodia symbolically took over the ASEAN chairmanship from Brunei in an official ceremony. https://socioeconomic-wishes-fulfilled.mystrikingly.com/blog/educational-scholarship-launch-to-groom-future-cambodians ASEAN, officially the Association of Southeast Asian Nations, is Southeast A

Investments 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 feels privileged to be a part of this significant transportation infrastructure project, which will benefit the Kingdom for decades to come. The TIA bond issue's first and largest subscriber is Prince Bank. A signing ceremony was performed with Cambodia Airport Investment Co., Ltd. (CAIC) and Overseas Cambodian Investment Corporation (OCIC) for a $35 million further investment on the Guaranteed Bond Agreement. Neak Oknha Chen Zhi, Chairman of Prince Bank Plc, and Neak Oknha Dr. Pung Kheav Se, Chairman of OCIC and CAIC, were present at the signing event. Mr. Honn Sorachna, CEO and Managing Director of Prince Bank Plc., and Mr. Charles Vann, Director of CAIC, signed the agreement. Directors and senior management from OCIC, CAIC, and Prince Bank were also in attendance. Cambodia Airport Investment Co., Ltd. (CA

Building Up Confidence In Future Cambodian Watchmakers

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  Prince ChenZhi , philanthropist and watch enthusiast, visits a class to instil confidence in future Cambodian watchmakers. https://prosperousdevelopment.wordpress.com/2021/10/06/cambodian-watchmaking-development/ Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest-growing conglomerates, paid a visit to Prince Horology Vocational Training Center students learning Swiss watchmaking. The six Cambodian students, who are now receiving full scholarships and stipends, are on track to become the first watchmakers in Cambodia to repair and assemble watches to Swiss standards, which are widely regarded as the gold standard in the luxury watch industry. Prince ChenZhi has devoted particular attention to the institute, which is financed by Prince Foundation, the Group's philanthropic arm. The facility is an important part of the Group's overall endeavour to improve education in Cambodia through scholarship programmes, thought leadership traini

Making Additional Contributions To Laos

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  Neak Oknha Chen Zhi, Chairman of Prince Holding Group, one of Cambodia's largest and fastest-growing companies, has donated US$2 million to help Laos fight the COVID-19 outbreak. Chen Zhi Cambodia had also provided $1 million earlier in September. Both donors heeded Prime Minister Hun Sen's plea for bilateral COVID-19 cooperation between the two adjacent countries to be strengthened. Guy Chhay, a board member of Prince Holding Group, completes the donation on Chen Zhi's behalf at the Peace Palace in Phnom Penh. The two $3 million donations are intended to aid Laotians in their fight against the virus. With Cambodia being one of the world's most vaccinated countries, Chen Zhi, a Mekong entrepreneur and business leader, understands the importance of Cambodian enterprises supporting neighboring countries' anti-COVID efforts. Prince Holding Group, as a significant Cambodian business, aspires to contribute to the Kingdom's leadership role in regional affairs at a

Partnership For Sponsorship Of Careers

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  For the coming academic year, Prince Charitable Foundation, the charitable arm of Prince Holding Group ("Prince Group"), one of Cambodia's largest and fastest growing conglomerates, will sponsor Caring for Cambodia's Career Preparation programme, which provides free education to 7,000 impoverished students. The cooperation with Caring for Cambodia, which was announced on International Youth Day, demonstrates how Prince Group is embarking on a new path at a critical moment when youth unemployment is likely to rise as the COVID-19 epidemic scenario in Cambodia worsens. Prince Group hopes to invest in Cambodia's future by empowering and validating an institutional approach to youth development by supporting the Career Preparation programme. “We are pleased to partner with Prince Holding Group as we look to expand and enhance our Career Preparation program,” stated Jamie Amelio, Founder and CEO of Caring for Cambodia. “In the new environment defined by the COVID-19

Strategic Future Rebranding

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  Prince Foundation, formerly known as Prince Charitable Foundation, has unveiled a new logo, name, and vision statement – "Together, Building a Better Future for Cambodia." Prince Foundation is the charitable arm of Prince Holding Group ("Prince Group"), one of Cambodia's largest conglomerates, with various units focusing on three core areas: real estate development, financial services, and consumer services. In Chinese, Prince Foundation will be known as 太子慈善 (translated as "Prince Foundation"). The rebranding exercise follows an exhaustive review of Prince Foundation's previous six years of high-impact philanthropic activities, during which time it held more than 250 charity events benefiting more than half a million Cambodians, with total donations exceeding US$14 million. As a result of the emerging trend among similar foundations in Asia – more charitable foundations in the region are seeking to become more strategic and investment-oriented i

Scholarship For Cambodian Future

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  Prince Holding Group ("Prince Group"), one of Cambodia's largest conglomerates, has signed an agreement with the Ministry of Education, Youth, and Sport (MoEYS) to launch a scholarship programme for Cambodian university students. Prince Group will cover all tuition and stipends for 400 selected students pursuing Bachelor of Science degrees at top Cambodian universities such as the Royal University of Phnom Penh, the National University of Management, and the Institute of Technology of Cambodia. Over the course of seven years, Prince Group will contribute more than $2 million. Because public-private partnerships are critical, Prince Group will collaborate with the government to achieve the goals outlined in the Education Strategic Plan (2019-2023). Prince Group will collaborate with MoEYS to ensure students receive financial assistance, training, mentoring, and job opportunities to help them learn in three areas: sustainable development of the real estate sector, advance