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about us

IM Capital Holding is a European investment and development company with a Polish-Swedish management team, founded and led by Iwona Kmiecik – an experienced investor who has been successfully delivering projects on Koh Rong Island and in other regions of Cambodia for many years.

We specialize in fully managed luxury real estate – from concept and construction to long-term operational management. Operating in a “build & operate” model allows us to provide investors with stability, security, and attractive returns.

IM Capital Holding represents not only experience and know-how but also a strong presence in one of the most dynamic real estate markets in Southeast Asia. What sets us apart is our long-term development vision and robust operational infrastructure.

Founder & Chief Executive Officer

Iwona Magda Kmiecik

Iwona Magda Kmiecik is the Founder and CEO of IM Capital Holding, an investment group in Cambodia focused on sustainable hospitality and real estate. She is behind Apsara Resort and Port Yves Palace—luxury developments on Koh Rong that set new standards in responsible tourism and international investment.

As founder of Lions Club Sihanoukville Apsara, she supports education and community growth. Since 2018, she has championed sustainability, using eco-conscious practices across her projects.

Her collaborative work with public institutions has made IM Capital a trusted partner for global investors, committed to long-term economic, social, and environmental impact.

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Chief Investment Officer & Board Member

Stanisław Kiel

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He supervises the delivery of hospitality projects, integrating the perspectives of investor,  contractor and operator. His professional background covers due diligence, financial oversight, risk management and strategic negotiations.

Within the hospitality industry, he has managed modernization programs, capital investments, and the implementation of smart technologies. Earlier in his career, he served in the State Administration of the Republic of Poland, building  strong analytical and crisis management expertise.

Chief Strategy Officer & Board Member

Agnieszka Zalewska

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A certified real estate manager with nearly fifteen years of experience in Europe and Asia. She focuses on defining and implementing long-term development strategies. Her expertise includes real estate sales, marketing, and investor relations. She is involved in hospitality and development projects across Western Europe and Southeast Asia.

A graduate in oceanography, which provides a unique enhancement to the company’s competencies in analyzing and planning investments based on the potential of coastal destinations and the sustainable development of projects.

Chief Financial Officer

Yun Ravuth

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He is responsible for financial planning, management, and reporting across the group.
His expertise includes developing standardized accounting frameworks and ensuring compliance 
with international standards.
With experience in modernizing financial operations, he supports efficient and transparent business practices.
He is focused on building sustainable financial strategies that drive long-term growth in hospitality and real estate. 

Chief Project Officer

Monika Kozieł

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Civil engineer with experience in contract management, construction supervision and tendering.
Background includes both residential and commercial development projects.
Strong technical and organizational expertise gained through work with leading construction companies in Poland.
Skilled in coordinating complex processes and ensuring compliance with industry standards.
Focused on delivering efficient, high-quality and value-driven project outcomes.

Executive Assistant & Project Manager at Lions Club Cambodia

Yim Chandeth

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She brings over a decade of experience in community development, education, health, and sanitation. Recognized for her coordination and facilitation skills, she has delivered high-impact results across rural Cambodia, specializing in project administration, financial management, procurement, logistics, and monitoring
& evaluation.

A skilled communicator and strategic liaison, she builds strong partnerships with ministries and local authorities, leveraging her knowledge of legal and policy frameworks to support effective stakeholder engagement. Holding a BA in Business Economics and an MA in Business Administration, she combines her development expertise with a business mindset. At IM Capital Holding, she plays
a vital role in supporting executive operations and advancing the company’s vision for sustainable hospitality and responsible investment.

ARCHITECTS

Port Yves Palace is a masterpiece crafted by MOTIV Studio in partnership with Tektoline. MOTIV Studio is an internationally acclaimed architectural bureau renowned for its precision and innovative approach. Their impressive portfolio - featuring the iconic Mövenpick Resort Maldives demonstrates a global expertise that inspires investor confidence and evokes a sense of awe.

We collaborate with leading furniture and equipment manufacturers and suppliers to ensure the highest quality in all our projects.

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LEGAL SERVICES

We are proud to partner with Cambodia Bayon Law Group, a respected law firm based in Phnom Penh. The firm is comprised of seven lawyers accredited by the Securities and Exchange Regulator of Cambodia (SERC):
Mr. Than Phanith
Mr. Mam Rithea
Mr. Nak Puthea
Mr. Kry Sereyvisoth
Mr. Ly okratana
Mr. Has Bunthorng
Mrs. Hout Sreyneath

The firm offers comprehensive legal services, including real estate, investment, corporate, and regulatory law.

Address: Timesquare 3 Tower, 8th Floor, Unit 8C, Street 335, Village 7, Sangkat Boeung Kak 2, Khan Toul Kork, Phnom Penh, Cambodia

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