Prince Group founder and chairman Chen Zhi was extradited to China from Cambodia last week, both governments said. The real estate regulator said individuals who have signed sales contracts for units at any of the five properties were obligated to complete the agreed purchase. The developer is listed as Prince Real Estate Cambodia, another entity under US sanctions. Since then, authorities in Europe, the United States, and Asia have targeted Prince Group with a frenzy of asset confiscations. Prince Group has denied the allegations.

Source: The Star January 13, 2026 23:24 UTC