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Friday, 07/23/2021 12:46:47 PM

Friday, July 23, 2021 12:46:47 PM

Post# of 123051
Asia Diamond Exchange Update and more meetings held. To me the last set of financials tell investors the history of what is going on.

We get the dates for when meetings were held. Aug-Nov 2020. We get the date the company was created. We get multiple news outlets in Vietnam indicating 1-10 billion in projects will be underway between 2021 and 2025 time range. CEO saying on the last ECG we have confirmed 1.3billion in projects for the Exchange Center.

We have several meetings between May 2021 and today with the Heads of Government to make sure this goes smoothly. We have found that it's not just 600 Hectare Acers of land but it's 15,000 Hectare Acers of land being developed in the region around the exchange. See 2nd and 3rd Image.

Money will not move to the projects fully until we are current. The money will come from the Luxembourg fund to the projects.

Lets see what Henry gives on the next CC.

"From August 24, 2020 to November 11, 2020, the Company through its Luxembourg bank fund mother holding company PHI Luxembourg Development SA and PHILUX Global Funds SCA, SICAV-RAIF has signed investment agreements and memorandum of understanding with three non-US entities for total investments of more than one billion U.S. dollars. However, as of the date of this report, the Company has not received any money from these investment agreements and there is no guarantee that any money will be received from these agreements and memorandum of understanding in the future"

"INCORPORATION OF ASIA DIAMOND EXCHANGE, INC. On June 04, 2021 the Company incorporated Asia Diamond Exchange, Inc., a Wyoming corporation, ID number 2021-001010234, as the holding company for the development of the Asia Diamond Exchange in Vietnam."

And we find more and more articles discussing the overall projects forthcoming. Like below.


https://cafeland.vn/quy-hoach/can-tho-phan-hoi-gi-voi-doanh-nghiep-von-10-ty-de-nghi-dau-tu-san-giao-dich-kim-cuong-va-khu-phi-thue-quan-700ha-99078.html

What does Can Tho respond to enterprises with 10 billion capital proposals to invest in diamond exchanges and non-tariff zones of 700ha?

CafeLand - Can Tho City People's Committee has just responded to the proposal of PHILUX Investment and Consulting Co., Ltd. on the project planned to be invested next to Can Tho International Airport with an area of 700ha.

C?n Tho ph?n h?i gì v?i doanh nghi?p v?n 10 t? d? ngh? d?u tu sàn giao d?ch kim cuong và khu phi thu? quan 700ha?

Specifically, Can Tho City highly appreciated PHILUX's idea of establishing an international diamond exchange and non-tariff zone in Can Tho.

However, currently these areas have not been specifically guided by law. Request PHILUX company to send experts to work with city departments and branches and propose specific feasible investment plans, in accordance with Vietnamese law, report to the City People's Committee for consideration and request the Prime Minister to approve the specific mechanism for pilot investment in Can Tho.

In addition, the City is also considering the promulgation of the List of projects calling for investment in the period of 2021-2025, including projects in the field of urban - housing, industry, trade services, tourism, logistics,... in line with the socio-economic development orientation of the City. After the list is issued, we invite PHILUX Company to continue to care, support and participate in research and project proposals.

Previously, The People's Committee of Can Tho City received the document No. 22.3/2021-CV(2) on March 22, 2021 of PHILUX Investment and Consulting Co., Ltd. on the implementation of the investment project to build a multifunctional eco-urban area combining a multi-cargo transaction center, next to Can Tho International Airport to the southwest about 5-700ha in Phong Dien district.

Enterprises with capital of 10 billion

It is known that PHILUX Investment and Consulting Co., Ltd. was established in October 2020 and is located at 2A1-2A2 Nguyen Thi Minh Khai, Da Kao Ward, District 1, Ho Chi Minh City. Hcm. This is an office building with an area of 198.3m2, with a total floor area of 975.9m2 that has been sold by many websites for about VND 100 billion.

The legal representative and general director of PHILUX Investment and Consulting Co., Ltd. is Mr. Ngo Phat Dat (born in 1960), he is also the co-founder of PHILUX Company with a capital contribution of VND 5.1 billion. The other is Ngo Quoc Tuan (born 1983) contributing VND 4.9 billion.

PHILUX Investment and Consulting Co., Ltd. has the main industry is Investment consultancy activities (except financial and accounting consultancy).


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