Business Daily Media

The Times


.

Chairman Chen Zhi and Prince Holding Group Receive Top Honors at Global Brands Awards

Chairman Chen Zhi Receives Visionary Leader Award; Group Distinguished as Leading Real Estate Developer

PHNOM PENH, CAMBODIA - Media OutReach - 9 October 2023 - Prince Holding Group, one of Cambodia's fastest-growing and largest business groups, is honored to announce its dual recognitions at the Global Brands Awards. Chairman Neak Oknha Chen Zhi received the Visionary Leader Award, acknowledging his astute leadership. Simultaneously, the Group was named the Leading Real Estate Developer, underscoring its unwavering commitment to excellence and its pivotal role in the Cambodian market.

Chairman Neak Oknha Chen Zhi received the Visionary Leader Award, acknowledging his astute leadership and reflecting his faith in Cambodia
Chairman Neak Oknha Chen Zhi received the Visionary Leader Award, acknowledging his astute leadership and reflecting his faith in Cambodia's potential.


Under Chen Zhi's leadership, Prince Holding Group has grown from strength to strength in Cambodia over the last decade. Boasting a diverse portfolio that includes real estate development, financial services, and consumer services, the Group has strategically invested over $2 billion in various Cambodian initiatives in recent years.

In addition to his commercial pursuits, Chen Zhi established the Prince Foundation, Prince Holding Group's philanthropic arm. The Foundation is dedicated to education, youth empowerment, healthcare, and community engagement, having invested more than US$16 million over the last five years, benefiting over 1 million Cambodians.

Gabriel Tan, Chief Communications Officer at Prince Holding Group, commented, "Receiving these two awards is a significant acknowledgment of our dedication and hard work. The Visionary Leader Award particularly reflects Chairman Chen Zhi's faith in Cambodia's potential and his unwavering commitment to fortifying the country's socio-economic base."

Furthermore, Prince Holding Group spearheads the Bay of Lights project, an ambitious 934-hectare township in Sihanoukville, Cambodia. With an estimated investment of US$16 billion, this groundbreaking project not only seeks to revitalize the province but also aligns with Cambodia's goal of being an upper middle-income country by 2030, showcasing the group's dedication to sustainable progress.



Hashtag: #PrinceHoldingGroup

The issuer is solely responsible for the content of this announcement.

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, Belt Road Capital Management, and Awesome Global Investment Group. Via its subsidiaries, Prince Holding Group has over 100 businesses in Cambodia operating in real estate development, banking, finance, tourism, logistics, technology, food and beverages, 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.

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.

News from Asia

Inovatif Media Asia Sets Regional Ambitions in Motion with Tun Ahmad Fuzi as Strategic Advisor

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 2 September 2026 – Malaysia-born. ASEAN-bound. Asia-ready. One of Malaysia's longest running media publishers, Inovatif Media Asia Sdn. Bhd. (IM...

JustCo Continues Expansion Plan By Growing Singapore Network With A New Centre At Raffles City Tower

SINGAPORE – Media OutReach Newswire – 2 September 2026 – JustCo Holdings Limited ("JustCo" or the "Company", and together with its subsidiaries, the "Group"), a leading Singapore-grown flexible wo...

KKR-Singtel Consortium Completes Acquisition of STTGDC; Company Launches Refreshed Global Brand for Next Phase of Growth

Completion strengthens STTGDC’s ability to scale AI-ready digital infrastructure, building on strong operating momentum while maintaining continuity of strategy, leadership and customer commitmentS...

HSUHK holds inaugural orientation dinner and launch ceremony for first MBA (in Chinese) cohort

HONG KONG SAR – Media OutReach Newswire – 2 September 2026 – The School of Business (SBUS) at The Hang Seng University of Hong Kong (HSUHK) held the Inaugural Orientation Dinner and Launch Ceremon...

Hong Kong Ranks Fifth Among APAC's Preferred Living Investment Destinations as 85% of Investors Plan to Increase Sector Investment

90% of investors targeting Hong Kong are actively pursuing repositioning or change-of-use strategies Student accommodation and conversion-led strategies continue to drive Living s...

Starjoy strives to optimise management portfolio and explore transformational opportunities

Declares its first interim dividendHONG KONG SAR – Media OutReach Newswire – 2 September 2026 – Starjoy (3662) announced its interim results for the first half of 2026. The Company's net profit wa...

The Mineral Boutique Limited Welcomes CCS Clarification and Reaffirms Asia Growth Strategy

The Competition and Consumer Commission of Singapore clarified that The Mineral Boutique Limited was not part of the DNA Brands investigation, as the Hong Kong beauty and wellness company looks to ...

MyRepublic launches Hyperpeer, a Game Acceleration Service for Singapore and Malaysia

SINGAPORE – Media OutReach Newswire – 2 September 2026 – MyRepublic announced the launch of Hyperpeer, a Game Acceleration Service for gamers in Singapore and Malaysia. The service is open to gam...

Macao Economic, Trade, and Tourism Investment Promotion Seminar Convened in Jakarta, Indonesia, Fostering Multi-Dimensional Cooperation to Jointly Explore New Opportunities Along the Silk Road

JAKARTA, INDONESIA – Media OutReach Newswire – 2 September 2026 – The Government of the Macao Special Administrative Region of the People's Republic of China convened a reception alongside the Mac...

Midea Redefines Home Care at IFA 2026 with "Zoned Care Omni Clean" Vision

Following the success of Midea PortaSplit in Europe, Midea continues its locally focused approach to innovation. At IFA 2026, the company will showcase new laundry and floor care solutions specific...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...