Declaration of Parent Company of “Titan Stone”: Clarification of the business structure, subsidiaries and related parties
Parent Company of “Titan Stone” declares and announces about its business structure, and relationships between companies it invests in and the other companies in Cambodia.
Parent Company of “Titan Stone” is only represented as Board of Director and not appointed anyone or giving rights to other to engage in any fundraising or any business activity under the name of Parent Company of “Titan Stone” in Cambodia. If there is any business operation, fundraising or borrowing by using the name of Parent Company of “Titan Stone”, it’s the individual responsibilities which is not related to Parent Company of “Titan Stone”.
Parent Company of “Titan Stone” has two separate business groups in Cambodia by investment holding, which are Titan Stone Insurance Group and Titan Stone Real Estate Group. Titan Stone Insurance Group includes “Titan Stone Life Insurance Plc” and Titan Stone Real Estate Group includes 4 companies, which are “Titan Stone Real Estate Development Company Plc.”, “Picasso City Garden Development Co., Ltd.”, Chibodia Construction Co., Ltd.” and “Titan Stone Investment Co., Ltd.”. Beside this, other companies are not a subsidiary or related party of Titan Stone Holdings in Cambodia.
In sight of recent fake rumor about the relations between Parent Company of “Titan Stone” with other companies. So, we are declared to confirm that Parent Company of “Titan Stone” has no subsidiaries beside the above mentioned of Titan Stone Insurance Group and Titan Stone Real Estate Group. Other companies are not a subsidiaries or branches of Parent Company of “Titan Stone”. Between Parent Company of “Titan Stone” with other friendly companies are just a business partner. Parent Company of “Titan Stone” and friendly companies are an independent enterprise that has no relationship as a subsidiaries or branches of the parent company.
Parent Company of “Titan Stone”
Titan Stone Capital (Asia) Limited
Date: 25 September 2023
Titan Stone Real Estate Group Launches Listing and Bond Issuance Plan
Titan Stone Holdings, the Parent Company, Also Announced Its Business Entities Are Divided into Two Major Groups
Titan Stone Real Estate Group, a subsidiary of Titan Stone Holdings, signed a MOU with Cambodia Securities Plc. to officially launch the “Titan Stone Real Estate Listing and Bond Issuance Plan” on 11 February 2023. Titan Stone Holdings also announced the separation of its businesses into two major entities, Titan Stone Real Estate Group and Titan Stone Insurance Group.
Titan Stone Real Estate Group officially put the plan of Titan Stone Real Estate listing and the bond issuance at the Cambodia Securities Exchange (CSE) on schedule. It is hoped that through the listing and bond issuance of the company, Titan Stone Real Estate will have more energy to actively participate in the real estate market, provide more high-quality residences to meet the growing living needs of Cambodia. The public will also have the opportunity to participate in the growth and development of Titan Stone Real Estate in the public market and share future income results.
In order to increase the depth and breadth of business operations and to make the business more specialized, Titan Stone Holdings has announced today that its business entities will be divided into two major groups, Titan Stone Real Estate Group and Titan Stone Insurance Group. Titan Stone Holdings looks forward to manage businesses or invest in new businesses in a more cost-effective and risk-controlled manner. All the business can also specialize and be independent and more focus on their own business.
More information: https://reurl.cc/yky2ZD
Titan Stone Real Estate to Campong Chhhnang Orphanage Care for Children
Titan Stone Real Estate actively responds to the charity activities organized by the Cambodian Charity Group – Love Charity Organization, caring for orphans and vulnerable groups.
This time Titan Stone Real Estate came to Campong Chhhnang Orphanage to visit the children, not only paying attention to the needs of the orphanage, but also helping the orphanage to renovate the vegetable garden, hoping to provide more employment and learning opportunities for school-age children in the future.
Titan Stone Life went to the Orphanage in Kampong Speu Province to conduct charity activities.
Wayne Ye, chairman of Titan Stone Group and Titan Stone Life, led Titan Stone Life colleagues to an orphanage in Kampong Speu Province last Saturday to conduct charity activities on Nov. 19, 2022.
Due to lack of resources and no clean water there, Titan Stone Life donated a water purification system to the orphanage to improve the quality of drinking water for the children and staff in the orphanage and maintain their health.
Chairman Ye even suggested that the orphanage can make good use of this water purification system to sell clean drinking water to neighboring villagers. Not only will the villagers have clean water, but the orphanage will also have some income to help subsidize the expenses of the orphanage. Titan Stone Life hopes to help more displaced children and make this love bigger and longer.
H.E Ph.D Hun Manet Congratulated Picasso City Garden Completion
Picasso City Garden wins three awards at the Cambodia Real Estate Awards and receives professional recognition
Cambodia Real Estate Awards, Cambodia’s most prestigious real estate awards, were held recently, with more than 30 developers competing for the awards. Picasso City Garden, Cambodia’s benchmark luxury property and the only Picasso-themed luxury property in Asia, was recognized and endorsed by the organizers and judges, beating out many other projects to win Serviced Apartment of the year, Premium Condominium of the year, Condominium Design of the year.
Darren Teng, General Manager of Titan Stone Group and Chairman of Titan Stone Real Estate Development and Picasso City Garden Construction said that we are honored that Picasso City Garden has won three awards at the Cambodia Real Estate Awards and would like to thank the organizers and judges for their recognition. Titan Stone Group has been actively introducing and creating the best quality products for the people of Cambodia. Despite the difficult environment of the epidemic, we are still standing firm and moving forward. This award is a great encouragement to us and proves that we are right to insist on aesthetics and safety. At the same time, it is also a kind of pressure for us to continue to provide quality products to everyone. Therefore, we will plan new projects to meet your housing needs, and we will also launch the listing plan of Jumbo Real Estate Company to connect with the financial market and grow with the country.
Global Titan Stone Real Estate Development followed SERC to make charitable donations and launched the development and its listing plan
(Phnom Penh, Cambodia – February 11, 2022) Global Titan Stone Real Estate Development, a subsidiary of Titan Stone Group, feels importance of its corporate social responsibility and follows the SERC to donate anti-epidemic materials in order to help people fight the virus and epidemic prevention.
At the same time, Titan Stone Group also launched the development and listing plan of Global Titan Stone Real Estate Development. Titan Stone Group actively participates in the local financial market, continue to cultivate the local area, and grow together with Cambodia.
Related news reports: https://cc-times.com/posts/17037
H.E Ph.D Hun Manet Congratulated Picasso City Garden Completion
The Only Picasso-Themed Luxury Apartment in Asia is in Heart of Phnom Penh
Picasso City Garden, the only Picasso-themed luxury apartment in Asia is completed. It is congratulated and praised by H.E. Ph.D Hun Manet, the Deputy Commander-in-Chief of Royal Cambodia Armed Commander of Army’s Infantry and Commander of Special Force. Titan Stone Group overcomes difficulties caused by the pandemic and brought the art mansion to the world. The group expects Picasso City Garden to become a new benchmark in luxury apartment and real estate industry in Phnom Penh.
For more information about the press release, please click : https://www.titanstonegroup.com/official-news/h-e-ph-d-hun-manet-congratulated-picasso-city-garden-completion/
Special lectures of finance by Titan Stone Group
Titan Stone Group arranged for local employees to vaccinate
The epidemic in Cambodia is severe, with nearly 10,000 people infected.
For the health and safety of local employees, Titan Group has arranged for company colleagues, site workers and their families to receive the new crown pneumonia vaccine as a priority.
The group hopes to protect the lives of employees and partners through its own power. Through strict epidemic prevention measures in offices and construction sites, I hope to deter the spread of the virus and contribute to Cambodia’s epidemic prevention.
Titan Stone Life Insurance cares, underprivileged groups benefit from eight donation activities
This year, Titan Stone Life organised many charity events across the Kingdom to assist communities tide over the difficult times they are facing as a result of the Covid-19 and the floods.Its charity efforts are not only limited to the ongoing pandemic, but it will continue to help those in need in the future as well.
Special lectures of finance by Titan Stone Group
Titan Stone Group Holdings held the second lecture of finance on the 28 of Aug,2020 ,which once again received warm response from all guests.
Topping-out ceremony on July 7,2020
The Unique One and Only Picasso Building in Asia (Picasso City Garden)
After 2 years and 10 months of elaborate construction and ultimate carving, the main structure of Picasso City Garden was finally completed.Picasso City Garden is expected to be completed in the first quarter of next year (2021), will be one of the most iconic landmarks in Phnom Penh.
Special lectures of finance by Titan Stone Group
Titan Stone Group Holdings held the Special lecture of finance on the 3 of July,2020 .It was received warm response from all guests.
Congratulations!!
Titan Stone Group signed a cooperation agreement with VTeam Financial Service Group.To cooperate jointly for innovation and development
2020 Titan Stone Group Organized a Charity Drive in Combodia
Group General Manager Deng established the Charity Foundation to help disadvantaged families in Cambodia.General Manager Deng recently led his colleagues to four townships (Route 6) in Kampong Khan Province to do charity drive. In addition to giving white rice, it also promoted the new crown pneumonia (Covid-19) epidemic protection.A total of 20.325 metric tons of white rice was donated, benefiting a total of 813 poor families.
2020 is another milestone for Titan Stone Group
1.Titan Stone Life Insurance 2. Titan Stone Financial Tower 3.Picasso Sky Garden 4.Titan Stone Special Economic Zone.In addition to the Titan Stone partners, His Excellency Dr. Hun Manet, the Chief of Staff of the Cambodian Armed Forces, and Dr. Mey Vann, representative of the Financial Industry Administration in the Cambodian Ministry of Economy and Finance ,, also visited the scene. Officials gathered at the event site.
Titan Stone Life Insurance exclusively sponsored the COVID-19 Prevention Video
Titan Stone Life Insurance exclusively sponsored the COVID-19 prevention video and is fighting against the new crown pneumonia with the Cambodians alone. During the epidemic prevention, please keep your social distance, wash your hands frequently, cover your mouth and nose if you cough or sneeze 😷
If you have symptoms, please call the epidemic prevention line immediately.☎️Cambodia 115 ; Taiwan 1922
Titan Stone Life Insurance We Care Your Life
Titan Stone Group 2020 Annual Project Launching Conference
Cambodia attract international investors and enterprises’ attention because of this country’s great economic development and potential. Titan Stone has invested in Cambodia for many years and have Picasso City Garden, the only official Picasso-signature luxurious residences in Asia and KY iCENTER, the first intelligent cloud business complex in Cambodia. These two projects are high accepted by investors and got high reputation in the market.In 2020, Titan Stone launch new plans by coordinating international and local networks and resources to catch the best opportunities in Cambodia and get win-win between Titan Stone and Cambodia.
Titan Stone Annual Projects Launching Conference will be hold on 1 March, 2020.Please go with us to make dream true and witness new era of Cambodia.
Picasso City Garden Launching Conference
31 / 3 /2018 Phnom Penh, Cambodia