Dr Chen also controls two Malaysian property developers. Dr Chen came to Cambodia as part of Malaysia’s “Prosper Thy Neighbor” program to assist nearby Southeast Asian countries, leading to a role as an economic adviser to Cambodia’s Prime Minister Hun Sen. So Dr Chen agreed to fund construction of NagaCity Walk – the shopping area that opened last August – and Naga2 through a convertible bond deal. Last year both additions were turned over the company and the bond value, originally US$369 million, accrued to Dr Chen. “You have to give Dr Chen credit,” one associate says.

Source: Forbes March 26, 2017 09:22 UTC