News
Property doubts resurface following The Bay’s suspension
Cracks are beginning to appear in Phnom Penh’s property market following news this week that Singapore developer TEHO International has placed its troubled, $500 million upscale real estate project on hold. Citing an “unfavourable macro-economic outlook” in Phnom Penh’s condo sector, the Singapore-listed firm blamed poor ...
Lauren Barrett
http://www.phnompenhpost.com/post-property/property-doubts-resurface-following-bays-suspension
Marketing at ‘The Bay’ eats into Teho’s bottom line
Teho International, developer of the $500 million “The Bay” real estate project in Phnom Penh, reported $5.3 million in losses for the year ending June 2015, in part due to marketing and promotional activities relating to the Cambodian project. ...
Ananth Baliga
http://www.phnompenhpost.com/business/marketing-bay-eats-tehos-bottom-line
New boss to take over from Sok Bun
Following real estate tycoon Sok Bun’s resignation last month, Teho International, developers of the $500 million The Bay condominium and hotel project, have appointed Yim Chhay Line as a director to the board of the joint venture in Cambodia. ...
Ananth Baliga
http://www.phnompenhpost.com/business/new-boss-take-over-sok-bun
Sok Bun begs for mercy
Property tycoon Sok Bun, wanted for the vicious attack of a former TV star, publicly pleaded for his freedom yesterday, pledging to relinquish his “oknha” title and offering his victim $100,000 in compensation, even as Interior Minister Sar Kheng called for his arrest. ...
Chhay Channyda and Charles Parkinson
http://www.phnompenhpost.com/national/sok-bun-begs-mercy
Tycoon resigns after beating
Property tycoon Sok Bun has resigned as director of joint ventures between his company and Singaporean partner TEHO International, amid ongoing controversy over footage showing him viciously attacking a female TV host earlier this month. ...
Charles Parkinson
http://www.phnompenhpost.com/national/tycoon-resigns-after-beating
