Singapore’s Ascott moves into Phnom Penh

CapitaLand’s wholly owned serviced residence business unit, Ascott Limited, has entered the Cambodian market with a contract to manage Somerset Norodom Phnom Penh, the company announced on Friday.
“With our entry into Cambodia, Ascott is now present across nine out of 10 countries in ASEAN,” Ascott CEO Lee Chee Koon said in a press release. …

Sum Manet
http://www.khmertimeskh.com/news/17144/singapore---s-ascott-moves-into-phnom-penh/