Progress For FCOP International

There were major bets covered with FCOP International and FCOP Cambodia at our annual meeting in Orlando, FL.  Anyone who knows Cambodian Law understands that Cambodian real estate cannot be owned by foreigners, churches, trusts, not-for-profits, or NGO's. Property ownership is limited to either Cambodian citizens, or majority Cambodian owned, for-profit, companies.After eight months of effort, several major events have come together. "The  Foursquare Holding Company" has been approved by the Cambodian government. It will hold all FCOP property in Cambodia. It is made up of  five Cambodian members appointed by FCOP, four members appointed  by FCOP International, with a 75% super majority vote needed to buy or sell property.This takes the ownership burden off of Mak Sou, and should silence the critics who claimed she was amassing an empire for herself. The land is secured in perpetuity for the use of the Church, since no one group can control it. It was a major accomplishment of our friend, International Lawyer, Jack Young.[nggallery id=1075]