Background: Originally established in June 1982 as JR Consulting, Inc., a Nevada corporation, to primarily engage in mergers and acquisitions, the Company changed its name to Providential Holdings, Inc. in 2000 after it acquired a California-based investment banking and asset management company.  In 2009, the Company changed its name to PHI Group, Inc.  In September 2017, the Company re-domiciled in the State of Wyoming, U.S.A.

The Company has formed and activated PHILUX Global Funds SCA, SICAV-RAIF, a Reserved Alternative Investment Fund (“RAIF”) under the laws of Luxembourg, which will have various compartments for investment in selective industries and opportunities. In addition, we provide  M&A advisory and consulting services through our wholly-owned subsidiary PHILUX Capital Advisors, Inc. (www.philuxcap.com), which serves as the Investment Adviser to PHILUX Global Funds.

Recently the Company has signed a Memorandum of Understanding to acquire 70% of Five Grain Treasure Spirits Co.m Ltd., a distiller in Jilin Province, China.