New York, Oct. 11, 2018 — PHI Group, Inc. (www.phiglobal.com) (OTCQB: PHIL), a U.S. diversified holding company focused on mergers and acquisitions and investments in select industries and special situations, today announced the availability of a new corporate video that highlights PHI Group’s strengths and market opportunities in Vietnam.
The Corporate video focuses on Phi Group’s deep understanding of the economy and business opportunities in Vietnam, particularly in the plastics film industry. Yesterday the Company announced the completion of the acquisition of Vinafilms Joint Stock Company, a fast-growing manufacturer of plastics film products in Vietnam with 2017 revenue of $25M.
The size of California, Vietnam is the world’s 15th largest economy with nominal GDP of $224 billion in 2017, but expected to grow to $436 billion by 2025, making it one of the world’s most rapidly growing economies. Phi Group is poised to capitalize on the vast opportunities across several industries in Vietnam.
To watch the video, click here: https://youtu.be/J1WwdFV3w9k
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About PHI Group, Inc.
PHI Group (www.phiglobal.com) primarily focuses on mergers and acquisitions and invests in select industries and special situations that may substantially enhance shareholder value. In addition, the Company’s wholly owned subsidiary, PHI Capital Holdings, Inc. (www.phicapitalholdings.com) provides M&A consulting services and assists companies to go public and access international capital markets. We have also been working diligently to launch a Luxembourg Reserved Alternative Investment Fund (RAIF) plus several sub-funds and developing an Asia Diamond Exchange in Vietnam together with international partners.
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. Henry Fahman [email protected]