[Large Real Estate Projects Under Prince Group Prohibited from Sale Following Arrest of Chen Zhi] Odaily Planet Daily News – Following the arrest of Prince Group founder Chen Zhi, the Cambodian Real Estate and Mortgage Regulatory Authority (NRPC) issued an order on January 12 to suspend sales activities for five major apartment and residential development projects under the group. Buyers who have already signed contracts are still required to fulfill their obligations as per the agreements, and those who have paid in full may apply for property title transfers. It is reported that this administrative decision to suspend sales is based on recent major violations and illegal activities involving Prince Group. Earlier reports indicated that the National Bank of Cambodia had announced the formal initiation of liquidation procedures for Prince Bank in accordance with the country’s existing laws and regulations. (Red Star News)