PHI Group Inc (PHIL)

[invest0r]

KILL DONKNOTES

IX. FINAL CLAUSE - APPLICABLE LAW
Article 19. Reference is made to the provisions of the Law for all matters not
governed by the present Articles.
TRANSITORY DISPOSITIONS
1. The first financial year runs from the date of incorporation and ends on December
31, 2019.
2. The first ordinary general meeting will be held in the year 2020.
SUBSCRIPTION AND PAYMENT
The Articles of the Company thus having been established, the three hundred (300)
shares have been subscribed by the sole shareholder, the company “PHI GROUP,
INC.”, pre-designated and represented as said before, and fully paid up by the
aforesaid subscriber by payment in cash, so that the amount of thirty thousand Euro
(30,000. - EUR) is from this day on at the free disposal of the Company, as it has
been proved to the officiating notary by a bank certificate, who states it expressly.

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