Phnom Penh (FN), Oct. 17 – Grand Phnom Penh International City was sold to Chip Mong Co., Ltd, effective on 16 October 2019.
“We would like to inform our customers that recently our company [Grand Phnom Penh International City] has sold our properties and exploitations to Chip Mong Co., Ltd, represented by Oknha Leang Khun and Oknha Leang Meng,” according to the announcement of Grand Phnom Penh dated Wednesday.
Grand Phnom Penh is the largest residential development project, which comprises of 260 hectares in Sen Sok district, Phnom Penh.
Chip Mong has the experience and success in the development of many residential projects in Phnom Penh, where clients appreciate and recognize the good construction quality, comfortable living, and style.
Chip Mong Group (CMG) is one of the largest diversified groups in Cambodia with businesses ranging from property development, beer and beverages, to manufacturing and distribution of of building materials, concrete, and cement. The Group currently consists of the following subsidiaries: Chip Mong Trading, Chip Mong Industries, Chip Mong Land, Khmer Beverages, and Chip Mong Feed. In addition, CMG owns three Joint Ventures: Crown Khmer Beverage Cans, Chip Mong Insee Cement (CMIC) Corporation, and Chip Mong Ritta.