Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Malaysia’s Lion Group talks large investment

Malaysia’s Lion Group talks large investment

Malaysia’s Lion Group talks large investment

Malaysian conglomerate The Lion Group plans to make big investments in Cambodia, the company’s chairman said yesterday, though specific figures were not revealed.

During a meeting in the capital’s Phnom Penh Peace Palace with Prime Minister Hun Sen, Chairman Tan Sri William Cheng Heng Jem said his company was considering plans to invest in shopping malls, rubber and palm-oil plantations, iron ore exploration and steel and sewage treatment plants in the Kingdom, according to Eang Sophalleth, assistant to the Prime Minister.

“Hun Sen expressed his support for the company’s desire to invest in Cambodia,” Eang Sophalleth said yesterday, adding Hun Sen suggested The Lion Group would work with the relevant ministries to push forward with its plans.

The company would not disclose the exact amount of the total investments, Eang Sophalleth. The Prime Minister also called on The Lion Group to consider building a tyre plant in the Kingdom, Eang Sophalleth said, adding the group has been researching the potential for a sewage plant in Phnom Penh.

The Lion Group has operations across Southeast Asia, as well as China, the United States and Mexico. The company’s businesses vary from steel production to plantations to retail and property development.

The Group has five companies listed on Bursa Malaysia with another two each in Indonesia and Singapore; and another in Hong Kong.


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australian police investigating death threat against Kem Ley's widow

    Updated: 10:17am, Friday March 23, 2018 Australian authorities on Thursday confirmed they have launched an investigation into a crudely written death threat sent tothe family of slain political analyst Kem Ley and Victoria state MP Hong Lim. The typed letter, reported to Victoria police last week, is

  • Apparel groups including H&M and Gap urge Cambodia garment industry reform, seek meeting with Hun Sen

    A group representing some of the largest apparel brands in the US and Europe – including Gap, H&M and ASOS – expressed “growing concern” on Tuesday over several controversial labour laws and ongoing court cases against unionists described as restrictive and unjust. In an open letter

  • Cambodia, states clash at UN session

    Cambodia traded shots with the international community in a heated exchange at the UN Human Rights Council in Geneva on Thursday evening, with states condemning the Kingdom’s ongoing crackdown on the political opposition and civil society, and an increasingly agitated Cambodia accusing member states