Investing Into Techo Airport
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 is proud to be a part of this significant transportation infrastructure development, which will benefit the Kingdom for decades to come. The first and now largest subscriber to the TIA bond issue is Prince Bank. A signing ceremony was held with Cambodia Airport Investment Co., Ltd. (CAIC) and Overseas Cambodian Investment Corporation (OCIC) for the additional investment of $35 million on the Guaranteed Bond Agreement. Neak Oknha Dr. Pung Kheav Se, Chairman of OCIC and CAIC, and Chen Zhi Cambodia, Chairman of Prince Bank Plc, were present at the signing ceremony. Mr. Honn Sorachna, CEO and Managing Director of Prince Bank Plc., and Mr. Charles Vann, Director of CAIC, signed the agreement. The Directors and Senior Management of OCIC, CAIC, and Prince Bank were also present. (Info on Chen Zhi background ) The Techo