PHI Group Inc (PHIL)

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Have not had the coffee ..I have heard about it.. but I have had green tea... was best i ever tried..

But look here from the Press Release ~

""SGP Palace (www.saigonphopalace.com) has an excellent track record in the field of hospitality, construction and real estate investment and is currently developing a number of prominent projects in Ho Chi Minh City and other locations in Vietnam. It has been successfully operating a chain of restaurants that cater to wedding banquets and convention events and plans to build thirty-five more restaurants of this type by 2025. It is estimated that this market segment in Vietnam generates approximately $8 billion in revenue a year. In addition, SGP also has plans to build new chains of 50 “SGP Bulkoki” restaurants by 2025 and 200 “SGP X-N Coffee” shops by 2027.

Quy Minh Le, Chairman and General Director of SGP Palace, stated: “ We are very pleased to collaborate with PHI Group to access international capital markets to further our growth and expansion. We strongly believe that with proper financial resources we would be able to capture 20-30% of this $8 billion market segment in the next five to seven years and create very significant value for our shareholders.”""


https://finance.yahoo.com/news/phi-group-signs-agreement-acquire-184000111.html



$PHIL