The bay will start construction in Q1 of 2016

After all the turmoil one year ago for Singapore International Teho in Cambodia, a condo building The bay worth $ 500 million on the Chroy said construction will begin early next year with a new marketing approach after management changes.

Published in the Singapore stock market earlier this year, the company ECG (Cambodia) has brought something to be under official ECG, a real estate company manages a full branch of international company Teho.

Before the incident, the company is managed by Sok Bun parties along with domestic investors TEHO-SGB ECG (Cambodia) by purchasing shares in 71776 US dollars, accounting for 45 percent of the capital used to start in the first days. Current assets and punctuation for ECG (Cambodia) in July 2015, the amount of up to US $ 169836, according according to the statement.

While ECG (Cambodia) still perform duties, acting as a real estate agent for the project The bay and all the promotional activities will be made at the head office in Singapore.

Phua Cheng Boon for Financial Control Teho International said that it is good to make a full integration into the project We.

He said that we will have someone who is based in Singapore, which could make this process as well as regional operations.

According to a previous report by the Post showed that there are 100 condos were sold since the beginning September. However, Boon refused to provide any figures today.

While we can not reveal the level of sales, we are confident to say that the construction will beginning in the first quarter of 2016.

With a new marketing strategy, he said, this development will not suffer a major impact.

International Teho company, which officially launched in February this year, the project has spent $ 1.10 million on advertising and promotional activities as well as other expenses of about $ 600,000 in legal costs and to promote the development of skills that claimed in a press release last year in August.

While Sok Bun, who resigned as director of the board for the joint venture is currently awaiting trial for the beating of the former TV star.

Kim Heang Khmer CEO Real Estate, said a market shift to overseas investors is a smart marketing strategy for The Bay it is facing more competition and behind schedule.

When asked whether The Bay will turn away from the domestic market segment? Mr Heap said, explaining that it is too small, so why do they need to waste time and money on the domestic segment This?

With some gentle method in orders in Japan, Hong Kong and Taiwan at this time, Mr. Boon said sales increase.

'We are doing it gradually because The Bay is a big project. We are looking to market various countries all this work to get enough investment. We want to be the exclusive development, more and more, according to his words.

NATO silicosis skiing