AI
Saturday, March 26, 2022 2:06:01 PM
Did anyone click on the link in this PR? Wow this is huge news there are bigtime players involved in these deals. The Dubai Partner probably read this article and called Henry and said lets make this loan happen. IMO
New York, March 25, 2022 (GLOBE NEWSWIRE) -- PHI Group, Inc. (www.phiglobal.com, PHIL), a diversified holding company currently engaged in PHILUX Global Funds (a group of Luxembourg bank funds), the Asia Diamond Exchange project (“ADE”) in Vietnam, mergers and acquisitions and investing in special situations (www.co2-1-0.io), is pleased to announce that the Company has signed a Strategic Cooperation Agreement with Mekong Delta Group, a Vietnamese company, to cooperate with each other to jointly develop, finance, and execute large-scale projects in a number of key sectors in Vietnam.
According to the agreement, both parties have agreed to cooperate in the following areass: (1) real estate: hospitality projects, residential areas, industrial projects and industrial properties, (2) energy: solar power, wind power, biogas power, and waste-to-energy programs, (3) environment: drinking water, waste water treatment, waste management, (4) agriculture: hi-tech agriculture cultivation for domestic consumption and export, and (5) finance: threshold capital, equity and debt financing. Mekong Delta Group current multi-billion U.S. dollar undertakings in Vietnam include a 300-ha urban area in Bien Hoa City, Dong Nai Province; a 1,100-ha city development project in My Duc District, Hanoi; a 500-ha renewable energy project in Binh Phuoc Province, among others.
At the same time the Company has made good progress with respect to the Asia Diamond Exchange development project, the 2,700-ha industrial and logistics zone near the new Long Thanh International Airport, Dong Nai Province, the 2,000-ha Cai Mep Ha Port project, the 3,000-ha city development project in Long Dien District, the 90-ha resort and residence project in Ho Tram, Ba Ria Vung Tau Province and the 54,000-ha sorghum growing project for Empire Spirits, Inc. in Binh Phuoc province, Vietnam.
During our last trip to Vietnam we also had the opportunity to visit several key leaders of the central and local governments of Vietnam and study large-scale projects in Cu Chi District, Ho Chi Minh City (https://www.sggp.org.vn/cau-lac-bo-ket-noi-doanh-nhan-viet-nam-quoc-te-vienc-ket-noi-quy-dau-tu-phigroup-va-tap-doan-bds-dat-xanh-lam-viec-voi-lanh-dao-huyen-cu-chi-801806.html). Our PHILUX Global Funds and international long-term financing programs are expected to play a major role in a number of key development projects and investment opportunities in Vietnam.
On another note, both KOTA group and Five-Grain Treasure Spirits have agreed to extend the closings of these acquisitions to a later date as we continue to complete the financing for these transactions.
About PHI Group, Inc.
PHI Group (www.phiglobal.com, PHIL) primarily focuses on advancing PHILUX Global Funds, a group of Luxembourg bank funds organized as “Reserved Alternative Investment Fund” (“RAIF”) and building the Asia Diamond Exchange (“ADE”) in Vietnam. The Company also engages in mergers and acquisitions and invests in select industries and special situations (www.co2-1-0.io) that may substantially enhance shareholder value.
Safe Harbor Act and Forward-looking Statements
This news release contains “forward-looking statements” pursuant to the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected,” which are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:
PHI Group, Inc.
Tel: +1-714-793-9227
Email: info@phiglobal.com
Vietnam - International Entrepreneurs Connection Club (VIENC) connects PHIGROUP Investment Fund and Dat Xanh Real Estate Group to work with leaders of Cu Chi district
SGGPO Thursday, March 24, 2022 14:15
On March 22, Mr. Dinh Vinh Cuong - Vietnamese in Japan, Chairman of Vietnam - International Business Connection Club (VIENC) connected two large enterprises, PHIGROUP Investment Fund and Dat Xanh Real Estate Group. to explore investment promotion opportunities in Cu Chi district.
Attending the meeting, on the side of Cu Chi district leaders, there were Mr. Nguyen Quyet Thang, Secretary of the District Party Committee and Ms. Pham Thi Thanh Hien, Chairman of the District People's Committee.
On the side of PHIGROUP Investment Fund, there were Mr. Henry Fahman, Chairman and Mr. Jack Vo Hoang, General Director of the Fund in Vietnam.
Dat Xanh Real Estate Group is represented by Mr. Le Van Hung, Deputy General Director.
VIENC Club has Mr. Dinh Vinh Cuong, Chairman of VIENC Club, Chairman of 365Group and Mr. Le Ba Linh, Chairman of Pacific Foods.
At the event, the People's Committee of Cu Chi District introduced more than 23 projects with great potential and a logistics center project in Cu Chi. Investors learn and are very interested in projects.
Sharing more about the investment plan of the business, Mr. Henry Fahman, Chairman of the Fund said: “Cu Chi district possesses great potential to form an ecological urban area. In addition, Cu Chi has a large land fund, which is a favorable condition for the development planning of a technology industrial park. We will study more deeply about the projects that Cu Chi district has introduced to promote investment in the near future.”
Mr. Dinh Vinh Cuong, Chairman of VIENC Club, Chairman of 365Group (multi-industry enterprise, focusing on logistics, import and export), shared his opinion that if Cu Chi determines to develop high-tech industry, it should be reduced. land fund for agriculture and increase land for industry. The industrial parks in Cu Chi have been invested for a long time and are not high-tech industries. An investor proposed to build a smart city of about 10 hectares in Ho Chi Minh City.
"Only when investors invest in products and services with high intellectual content and export value, will they bring economic value to Cu Chi district," said Mr. Cuong.
Besides, Dat Xanh Real Estate Group is also very interested in eco-urban projects, Mr. Le Van Hung proposed to have the next meeting, to learn about the projects.
Mr. Nguyen Quyet Thang, Secretary of Cu Chi district affirmed that Cu Chi district will create favorable conditions to support investors in supporting businesses to expedite legal procedures in accordance with the law.
New York, March 25, 2022 (GLOBE NEWSWIRE) -- PHI Group, Inc. (www.phiglobal.com, PHIL), a diversified holding company currently engaged in PHILUX Global Funds (a group of Luxembourg bank funds), the Asia Diamond Exchange project (“ADE”) in Vietnam, mergers and acquisitions and investing in special situations (www.co2-1-0.io), is pleased to announce that the Company has signed a Strategic Cooperation Agreement with Mekong Delta Group, a Vietnamese company, to cooperate with each other to jointly develop, finance, and execute large-scale projects in a number of key sectors in Vietnam.
According to the agreement, both parties have agreed to cooperate in the following areass: (1) real estate: hospitality projects, residential areas, industrial projects and industrial properties, (2) energy: solar power, wind power, biogas power, and waste-to-energy programs, (3) environment: drinking water, waste water treatment, waste management, (4) agriculture: hi-tech agriculture cultivation for domestic consumption and export, and (5) finance: threshold capital, equity and debt financing. Mekong Delta Group current multi-billion U.S. dollar undertakings in Vietnam include a 300-ha urban area in Bien Hoa City, Dong Nai Province; a 1,100-ha city development project in My Duc District, Hanoi; a 500-ha renewable energy project in Binh Phuoc Province, among others.
At the same time the Company has made good progress with respect to the Asia Diamond Exchange development project, the 2,700-ha industrial and logistics zone near the new Long Thanh International Airport, Dong Nai Province, the 2,000-ha Cai Mep Ha Port project, the 3,000-ha city development project in Long Dien District, the 90-ha resort and residence project in Ho Tram, Ba Ria Vung Tau Province and the 54,000-ha sorghum growing project for Empire Spirits, Inc. in Binh Phuoc province, Vietnam.
During our last trip to Vietnam we also had the opportunity to visit several key leaders of the central and local governments of Vietnam and study large-scale projects in Cu Chi District, Ho Chi Minh City (https://www.sggp.org.vn/cau-lac-bo-ket-noi-doanh-nhan-viet-nam-quoc-te-vienc-ket-noi-quy-dau-tu-phigroup-va-tap-doan-bds-dat-xanh-lam-viec-voi-lanh-dao-huyen-cu-chi-801806.html). Our PHILUX Global Funds and international long-term financing programs are expected to play a major role in a number of key development projects and investment opportunities in Vietnam.
On another note, both KOTA group and Five-Grain Treasure Spirits have agreed to extend the closings of these acquisitions to a later date as we continue to complete the financing for these transactions.
About PHI Group, Inc.
PHI Group (www.phiglobal.com, PHIL) primarily focuses on advancing PHILUX Global Funds, a group of Luxembourg bank funds organized as “Reserved Alternative Investment Fund” (“RAIF”) and building the Asia Diamond Exchange (“ADE”) in Vietnam. The Company also engages in mergers and acquisitions and invests in select industries and special situations (www.co2-1-0.io) that may substantially enhance shareholder value.
Safe Harbor Act and Forward-looking Statements
This news release contains “forward-looking statements” pursuant to the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected,” which are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:
PHI Group, Inc.
Tel: +1-714-793-9227
Email: info@phiglobal.com
Vietnam - International Entrepreneurs Connection Club (VIENC) connects PHIGROUP Investment Fund and Dat Xanh Real Estate Group to work with leaders of Cu Chi district
SGGPO Thursday, March 24, 2022 14:15
On March 22, Mr. Dinh Vinh Cuong - Vietnamese in Japan, Chairman of Vietnam - International Business Connection Club (VIENC) connected two large enterprises, PHIGROUP Investment Fund and Dat Xanh Real Estate Group. to explore investment promotion opportunities in Cu Chi district.
Attending the meeting, on the side of Cu Chi district leaders, there were Mr. Nguyen Quyet Thang, Secretary of the District Party Committee and Ms. Pham Thi Thanh Hien, Chairman of the District People's Committee.
On the side of PHIGROUP Investment Fund, there were Mr. Henry Fahman, Chairman and Mr. Jack Vo Hoang, General Director of the Fund in Vietnam.
Dat Xanh Real Estate Group is represented by Mr. Le Van Hung, Deputy General Director.
VIENC Club has Mr. Dinh Vinh Cuong, Chairman of VIENC Club, Chairman of 365Group and Mr. Le Ba Linh, Chairman of Pacific Foods.
At the event, the People's Committee of Cu Chi District introduced more than 23 projects with great potential and a logistics center project in Cu Chi. Investors learn and are very interested in projects.
Sharing more about the investment plan of the business, Mr. Henry Fahman, Chairman of the Fund said: “Cu Chi district possesses great potential to form an ecological urban area. In addition, Cu Chi has a large land fund, which is a favorable condition for the development planning of a technology industrial park. We will study more deeply about the projects that Cu Chi district has introduced to promote investment in the near future.”
Mr. Dinh Vinh Cuong, Chairman of VIENC Club, Chairman of 365Group (multi-industry enterprise, focusing on logistics, import and export), shared his opinion that if Cu Chi determines to develop high-tech industry, it should be reduced. land fund for agriculture and increase land for industry. The industrial parks in Cu Chi have been invested for a long time and are not high-tech industries. An investor proposed to build a smart city of about 10 hectares in Ho Chi Minh City.
"Only when investors invest in products and services with high intellectual content and export value, will they bring economic value to Cu Chi district," said Mr. Cuong.
Besides, Dat Xanh Real Estate Group is also very interested in eco-urban projects, Mr. Le Van Hung proposed to have the next meeting, to learn about the projects.
Mr. Nguyen Quyet Thang, Secretary of Cu Chi district affirmed that Cu Chi district will create favorable conditions to support investors in supporting businesses to expedite legal procedures in accordance with the law.
