Categories
SET Announcements

12 December 2013 : Announcement of the Company’s Holiday for 2014

Categories
Press Releases

11 December 2013 : Cambodia set for $10 million tennis academy

Cambodia set for $10 million tennis academy

11 Dec 2013

Mitsuji Konoshita, president of GL Finance, outside the National Training Center.

Former Japanese professional tennis player-turned-business magnate Mitsuji Konoshita is staking his personal pride and is ready to open his purse on a multimillion-dollar project to create a tennis academy in Cambodia.

The president of the Cambodia-based GL Finance, a subsidiary of the internationally well-known Group Lease Finance, wants to re-create for talented Cambodian youngsters his own amazing experiences of training in an advanced academy like that of Australian great Harry Hopman’s in Tampa, Florida, or of Nick Bolitieri, the American coach credited with developing the careers of Andre Agassi, Jim Courier and Monica Seles.

After co-partnering the Kingdom’s Davis Cup Group III campaign in Dubai, the GLF has stepped in as the main sponsor for the second year running of two back-to-back Cambodian ITF Men’s Futures events. The final leg, the GLF Tep Khunnah Trophy, concludes at the National Training Center on Saturday.

In an exclusive interview with the Post’s sports writer H S Manjunath, the charismatic Mitsuji Konoshita, who says his life revolves round tennis, spoke about the proposed academy, his passion for the game and his deep involvement with the Cambodian Tennis Federation as one of its biggest supporters – and above all his love for the country.

Post: What is it that has driven you towards this academy project and why Cambodia?
Konoshita: I have to address the second part of the question to explain the first. I have seen so many countries, but I love Cambodia, especially its rural landscape. And as for as the environment for tennis goes, there is no better place. To me the academy is a personal dream and my idea of creating the best possible opportunities for young, motivated, emerging Cambodian talent in tennis.

Q: Can you outline this project, the logistics, cost estimates and location.

A: First of all, our field expert Hideki Kaneko, who was among the world’s top 200 and was Japan’s number two ranked player, was here a few days ago to shortlist venues and draw up a roadmap. He runs Tennis schools in Singapore and Thailand that shelter under our Company’s umbrella. Once the blueprint is ready, we will work on logistics.

What I am looking at is an academy with 20 to 30 courts, a team of good coaches, an integrated school for players to pursue their education while training, a dormitory to house them and specialised gyms for working out. Of course there will be other recreational sports facilities as well.

The cost of the project could be anywhere between $10 million and $20 million. By the way, we are now running similar tennis projects in Singapore, Thailand and five in Japan are all commercial. The one in Cambodia will be more like a foundation.

Q: You mentioned a shortlist of venues, do you have a city in mind.

A:The short answer is yes: it’s Kep. It has breathtaking scenic beauty. Most importantly, it is a safe and secure town, and the safety of the players is of paramount importance. It is not final we are looking at other alternatives as well.

Q: As a major supporter of the Tennis Federation of Cambodia what are your expectations from a sponsorship standpoint.

A: Quite honestly, for me, sponsoring tennis is not a business proposition. I’m not looking for any mileage for my company. The mileage I seek is for the cause of tennis. If that is served, my investment is worthwhile.

The Cambodian Federation is doing a fantastic job in nurturing talent through its grassroots initiatives. I am simply struck by the passion that secretary-general Tep Rithivit has for spreading tennis in Cambodia. And that is one of the reasons why I just cannot move away from tennis here.

Q: You have created a buzz in the players circles with your generosity, offering quarter-finalists in these two weeks of competition extra $500 each from your wallet on top of their prize money.

A: Every time I enter the NTC, what rewinds in my mind is my playing time. The hardships we went through on the tour, three or four of us sharing a room, frugal living. It is hard to make money at this level and that was the reason why I quit tennis and turned to business. The extra that I am offering these players is to enhance their Cambodian experience and ease a little bit of the burden every player shoulders.

Q: What is your most ardent wish for Cambodian tennis.

A: To see the national team do well in the Davis Cup, more tennis talents to emerge and at least one or two players make it to the upper crust of the game. It may sound tough but it is not impossible.

 

The Phnom Penh Post
11 December 2013

Categories
SET Announcements

11 December 2013 : To inform exercise date of GL-W2 (no.5)

Categories
SET Announcements

11 December 2013 : To inform exercise date of GL-W2 (no.5) (revised template)

Categories
SET Announcements

28 November 2013 : Result of warrant GL-W3 allocation (F53-5)

Categories
Press Releases

25 November 2013 : GLF opened its new POS in Koh Kong Province

GLF opened its new POS in Koh Kong Province

25 Nov 2013

On 25 November, 2013, GL Finance (GLF) opened its new POS in Koh Kong Province.  This new POS is located inside HONDA DONG TUNG, Honda’s authorized dealer which is now GLF’s    42nd  sales office in Cambodia.

Koh Kong Province located at the most south-western part of Cambodia.  It is one of the biggest provinces in the whole country. After national government policy encouraged people to live in Koh Kong, there has been a net influx of people. It is estimated that the average annual growth rate in Koh Kong is 16 per cent. Koh Kong’s towns have developed rapidly partially in response to market pressures from Thailand and because of in-migration from other parts of Cambodia

Categories
Press Releases

22 November 2013 : GLF opened its new POS in Preah Vihear Province

GLF opened its new POS in Preah Vihear Province

22 Nov 2013

On 22 November, 2013, GL Finance (GLF) opened its new POS in Preah Vihear Province. This new POS is located inside HONDA PREAH VIHEAR, Honda’s authorized dealer which is now GLF’s 41st sales office in Cambodia.

Preah Vihear is a province of Cambodia. It borders the provinces of Oddar Meanchey and Siem Reap to the west, Kampong Thom to the south and Stung Treng to the east. Its northern boundary forms part of Cambodia’s international border with Thailand and Laos.

Categories
Press Releases

21 November 2013 : GLF opened its new POS in Prey Chhor district, Kampong Cham Province

GLF opened its new POS in Prey Chhor district, Kampong Cham Province

21 Nov 2013

On 21 November, 2013, GL Finance (GLF) opened its new POS in Prey Chhor district, Kampong Cham province. This new POS is located inside HONDA SEANGRANET, Honda’s authorized dealer which is now GLF’s 40th sales office in Cambodia.

Prey Chhor District is a central district of Kampong Cham Province surrounded by other Kampong Cham districts. The District is easily accessed by road from Kampong Cham city, Phnom Penh and Kampong Thom. Its capital is a busy market town that lies at an important crossroads and on National Highway 7 between Phnom Penh and Kampong Cham.

Categories
Press Releases

20 November 2013 : GLF opened its new POS in Svay Rieng Province

GLF opened its new POS in Svay Rieng Province

20 Nov 2013

On 20 November, 2013, GL Finance (GLF) opened its new POS in Svay Rieng Province, Cambodia. This new POS is located inside HONDA CHINGLONG, Honda’s authorized dealer which is now GLF’s 39th sales office in Cambodia.

Svay Rieng is a province of Cambodia. Located in the southeast, the province juts into Vietnam, which surrounds it to the north, east and south. The only other Cambodian province to border Svay Rieng is Prey Veng.

Categories
Press Releases

15 November 2013 : GLF opened 2 new POSs in Siem Reap Province

GLF opened 2 new POSs in Siem Reap Province

15 Nov 2013

On 15 November, 2013, GL Finance (GLF) opened 2 new POSs in Siem Reap Province, Cambodia. These new POSs are located inside HONDA SENG HOUT and HONDA SIEM REAP1 which are Honda’s authorized dealers and are now GLF’s 37th and 38th sales office in Cambodia.

Siem Reap is the 10th largest province in Cambodia. With a population of about 896,000, it ranks as the 6th largest in the nation.

1. HONDA SENG HOUT

 

2. HONDA SIEM REAP1