Naga CEO Lip Keong seeking majority stake

Nagacorp Ltd, the operator of Phnom Penh’s NagaWorld hotel and casino complex, announced that the company’s chief executive, Chen Lip Keong, has submitted a proposal to shareholders and the Hong Kong Stock Exchange that would allow him to divest his personal investment of $369 million used for the development of Naga 2 and NagaCity Walk …

Post Staff
http://www.phnompenhpost.com/business/naga-ceo-lip-keong-seeking-majority-stake