PHI Group signs $49.4M investment partnership

PHI Group, Inc. (OTC Markets:PHIL), a management services company with a current market capitalization of $9.37 million, announced on Monday an Investment Funding Partnership Agreement with Atlantic Trust Finance Ltd. According to InvestingPro data, the company's stock has been trading near its 52-week high despite showing weak overall financial health. The deal, valued at $49.4 million, will finance various projects including the Asian Diamond Exchange and International Financial Center in Vietnam, as well as initiatives by Philux Global Energy, Inc. and Tin Thanh Group.

The agreement, effective March 25, 2025, will span ten years with a potential extension to fifteen years. Atlantic Trust Finance Ltd., based in the Isle of Man, UK, will provide the investment funds, which have been certified as being lawfully earned and free of any connection to criminal activities, including drugs, terrorism, and money laundering. This significant funding comes at a crucial time, as InvestingPro analysis indicates the company's net income is expected to decline this year, with current return on assets at -4,949.81%.

PHI Group will manage the investment, focusing on projects that include the development of geomagnetic energy technology, with a provisional patent application filed in the U.S. The company is also engaged with Tin Thanh Group's development program, which concentrates on energy, fuel, transport, and environmental solutions.

Under the terms of the partnership, PHI Group will return 40% of the net annual profit derived from the investments to Atlantic Trust Finance Ltd. Additionally, PHI Group is entitled to an annual management fee of 5% of the assets under management, plus an additional 2% to cover expenses during the investment preparation phase.

The Securities and Exchange Commission will receive a copy of the Investment Funding Partnership Agreement, which is subject to confidentiality and non-disclosure provisions. This move aligns with PHI Group's commitment to transparency while respecting the terms of the agreement.

This partnership represents a significant financial collaboration for PHI Group, as it continues to expand its portfolio and strengthen its presence in various sectors. The company's leadership, under Chairman and CEO Henry D. Fahman, has expressed confidence in the potential of the chosen projects to generate profitable returns for both PHI Group and Atlantic Trust Finance Ltd.

Investors and industry observers will be watching closely as PHI Group embarks on this substantial financial venture. The information reported is based on a press release statement and the specifics of the SEC filing.

In other recent news, Philogen SpA reported a substantial increase in its full-year 2024 revenues, reaching €77.5 million, which is three times higher than the previous year. This growth was primarily driven by third-party contracts totaling €74 million, highlighting the company's strong market presence. Philogen's operating expenses rose by 20% to €36 million, reflecting its investments in research and development, yet it maintained a robust cash position of €113.7 million with no bank loans. The company is advancing its oncology and dermatology drug pipeline, with several trials nearing completion, and has strategic partnerships, notably with Sun Pharma, to bolster its market position.

Meanwhile, PHI Group Inc. confirmed the receipt of approximately $750 million from an ultra-high-net-worth investor group. This significant investment is earmarked for preferred investment programs, including the Asia Diamond Exchange and the International Financial Center in Vietnam. Under the agreement terms, PHI Group will collect a one-time fee of 5% for setup and first-year management services, with a 2% annual management fee thereafter. The funds are currently held in a holding account at Satvie Bank in London, pending compliance review for remittance release. These developments underscore PHI Group's efforts to diversify its investment portfolio and strengthen its market position through substantial foreign investment.

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