Logo of Phnom Penh Post newspaper Phnom Penh Post - Tycoon Teng Boonma leaves behind towering legacy

Tycoon Teng Boonma leaves behind towering legacy

Content image - Phnom Penh Post
An artist's rendition of the planned Thai Boon Rong Commercial Tower and Phnom Penh. Thai Boon Rong's chairman Teng Boonma passed away on Friday at age 75. Photo supplied

Tycoon Teng Boonma leaves behind towering legacy

Teng Boonma, chairman of Thai Boon Roong Co Ltd and once described as the richest man in Cambodia, died on Friday at the age of 75 after a lengthy struggle with diabetes and high blood pressure, local media reported.

The politically connected tycoon made headlines in February when his company announced plans to build a colossal 133-storey mixed-use twin tower on the former site of Dreamland theme park in Phnom Penh.

Linda Luk, senior corporate communications manager for Hsin Chong Construction Group Ltd, the Hong Kong-based company appointed to manage the development’s construction, said yesterday that her company was saddened by the news of Boonma’s passing but “will continue to work closely with the developer and contractor to see through successful delivery of the project.”

MOST VIEWED

  • Hun Sen: Full country reopening to be decided in two weeks

    Prime Minister Hun Sen has announced that if the Covid-19 situation remains stable for 15 consecutive days from the end of the October 5-7 Pchum Ben public holiday, Cambodia will reopen fully, albeit in the context of Covid-19 whereby people have to adjust their lives to

  • Cambodia sets new Covid-19 quarantine rules

    The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian

  • Cambodia unveils new quarantine regulations

    The government has modified Covid-19 quarantine requirements, shortening the duration for, among others, Cambodian officials, foreign diplomats and delegations, investors and inbound travellers in general. According to an official notice signed by Minister of Health Mam Bun Heng late on October 16, quarantine length for Cambodian

  • Hun Sen: Cambodia set to fully reopen

    Prime Minister Hun Sen concludes that the October 5-7 Pchum Ben public holiday, during which many people either flocked to their hometowns for family reunion or gathered at tourist attractions across the country, has not caused an outbreak of Covid-19. In a special address to

  • Will Evergrande change the way Chinese developers do business in Cambodia?

    China’s property sector policy has exposed the grim financial condition of real estate developers including those operating in Cambodia, which raises questions over the viability of their projects and business going forward The dark blue netting draping over one of Yuetai Group Co Ltd’

  • Phnom Penh governor: Show Covid-19 vaccination cards, or else

    Phnom Penh municipal governor Khuong Sreng late on October 5 issued a directive requiring all people aged 18 and over and the parents of children aged 6-17 to produce Covid-19 vaccination cards when entering schools, markets, malls, marts, eateries and other business establishments that have been permitted