PHI Group Inc (PHIL)

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Payment Date for the special stock dividend in American Pacific Resources, Inc., a wholly owned subsidiary of the Company, to March 29, 2019 to allow for further substantive developments of this subsidiary before filing a registration statement with the U.S. Securities and Exchange Commission for it to become a separate publicly traded entity.
The Record Date for this special stock dividend in American Pacific Resources, Inc. was June 29, 2018 and the minimum amount of Common Stock of PHI Group, Inc. held by each shareholder as of the Record Date was five (5) shares to be eligible for the above-mentioned special stock dividend. The Dividend Ratio remains to be the same as announced before: for every five (5) shares of PHI Group, Inc. Common Stock held by eligible shareholders as of the Record Date, these shareholders would have the right to receive one (1) freely tradable share of Common Stock of American Pacific Resources, Inc. when a registration statement is declared effective by the U.S. Securities and Exchange Commission.
https://finance.yahoo.com/news/phi-group-extends-payment-date-201802692.html

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