PHI Group, Inc. Acquires Majority Interest in Tin Thanh Group

Aug 19, 2022

New York, Aug. 19, 2022 (GLOBE NEWSWIRE) -- PHI Group, Inc. (n/k/a Philux Global Group Inc., www.phiglobal.com, PHIL), a diversified holding company currently sponsoring PHILUX Global Funds (a group of Luxembourg bank funds), developing the Asia Diamond Exchange project (“ADE”) in Vietnam, engaging in mergers and acquisitions and investing in special situations (www.co2-1-0.io), is pleased to announce that the Company has signed an agreement to acquire 51% of Tin Thanh Group (TTG) (https://tinthanhgroup.vn/en/) for cash.

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