TEHO International officially launches The Bay, a transformative property development located in the heart of Cambodia’s capital city

03 Aug 2015 04:00

TEHO International officially launches The Bay, a transformative property development located in the heart of Cambodia’s capital city

Upon completion, The Bay will be one of the tallest buildings in Cambodia

Singapore, 3 August 2015 – TEHO International Inc Ltd. (“TEHO International” or “the Group”) is proud to announce the official launch of The Bay, a mixed-use real estate project located in the heart of Phnom Penh, Cambodia.

The launch of The Bay, held on 29 July 2015, featured stakeholders from throughout the region and culminated in an exclusive dinner at Phnom Penh’s Sokha Hotel.

The launch was graced by Guest of Honour Mme. Yim Chhay Lin, as well as high profile government officials such as H.E. Major General Seng Song, H.E. Brigadier General Phoeuk Kimsong, Lieutenant General Ngoeu Sakon, and various other prominent figures.

Representing TEHO International was the Group’s Executive Chairman and CEO Mr. Lim See Hoe, ECG Group CEO Dato Eric Cheng, and TEHO Development (Cambodia) Pte Ltd Managing Director Mr. Dax Ng.

Commenting on the successful launch, Mr. Lim See Hoe said, “The launch of The Bay signifies a new beginning for TEHO International, and for the city of Phnom Penh. As we begin work in realising our vision for this important real estate project, we would like to thank all of our local partners and stakeholders for their on-going support. We firmly believe that The Bay has the potential to transform the horizon of Phnom Penh, as it will be one of the tallest buildings in Cambodia upon completion. We are very excited for what the future holds for this project.”

Photo (left to right): Dato Eric Cheng, Mr. Lim See Hoe, Mme. Yim Chhay Lin and Mr. Dax Ng at the official launch of The Bay.

About The Bay:

The Bay is the flagship property development project of TEHO International, and is located in the heart of Phnom Penh, Cambodia. The development is situated in the prime peninsular of Chroy Changvar, “The City of the Future”.

The Bay comprises condominiums, retail space and a luxurious 250-room hotel. Once completed, the project will be one of the tallest buildings in Cambodia and will offer views of the royal palace, Tonle Sap River and Mekong River.

About TEHO International:

TEHO International is a global, diversified holding company specialising in offshore marine, engineering and property development. The company has been listed on the Singapore Stock Exchange Catalist Index since 2009.

Originally established as a small local rigging and mooring company in 1986, TEHO International adopted an organic and inorganic growth approach to expand its businesses, creating synergy with the provision of related products and services. In May 2014, TEHO International diversified into property investment and development through its acquisition of two Singapore-based property companies.

At present, the group offers products, services and solutions to customers across a wide range of economic sectors, including marine, offshore oil and gas and real estate.

TEHO International’s network spans across South East Asia, East Asia, Europe and North America.

Issued by RHT Digital & Media on behalf of TEHO International Inc Ltd.:

For more information, please contact:
Mr. James Allan
RHT Digital & Media
(+65) 6381 6799
james.allan@rhtdigitalmedia.com

This press release has been prepared by the Company and its contents have been reviewed by the Company’s Sponsor, SAC Capital Private Limited, for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the “SGX-ST”). The Company’s Sponsor has not independently verified the contents of this press release.

This press release has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release.

The contact person for the Sponsor is Ms Tan Pei Woon (Tel: (65) 6532 3829) at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542.

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