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

  • Research key to Kanitha’s rep for expertise

    Sok Kanitha is used to weighing in on controversial issues using a confident approach that signals expertise and authority, and a recent video she made was no exception. Her “Episode 342: The History of NATO” video went live on January 16, 2023 and immediately shot to 30,000 likes and 3,500

  • Cambodia maintains 'Kun Khmer' stance despite Thailand’s boycott threat

    Cambodia has taken the position that it will use the term "Kun Khmer" to refer to the sport of kickboxing at the upcoming Southeast Asian (SEA) Games, and has removed the term Muay from all references to the sport. Despite strong reactions from the Thai

  • Knockout! Kun Khmer replaces ‘Muay’ for Phnom Penh Games

    Cambodia has decided to officially remove the word Muay from the programme of the 32nd Southeast Asian (SEA) Games 2023 in May. “Kun Khmer” will instead be used to represent the Southeast Asian sport of kickboxing, in accordance with the wishes of the Cambodian people. Vath

  • Artificial insemination takes herd from 7 to 700

    Some farms breed local cows or even import bulls from a broad for the purpose of breeding heavier livestock for meat production. One Tbong Khnum farmer has found a more efficient way. Hout Leang employs artificial insemination to fertilise local cows. Thanks to imported “straws”

  • Chinese group tours return to Cambodia starting Feb 6

    Cambodia is among 20 countries selected by Beijing for a pilot programme allowing travel agencies to provide international group tours as well as flight and hotel packages to Chinese citizens, following a three-year ban. As the days tick down until the programme kicks off on February 6,

  • Capital-Poipet express rail project making headway

    The preliminary results of a feasibility study to upgrade the Phnom Penh-Poipet railway into Cambodia’s first express railway indicate that the project would cost more than $4 billion and would take around four years to complete. The study was carried out by China Road and