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 currently provides M&A advisory and consulting services through its wholly-owned subsidiary PHI Capital Holdings, Inc. (www.phicapitalholdings.com) and invests in some special situations. In addition, we have established PHI Luxembourg Development S.A. as the mother holding company to organize PHILUX Global Funds, a Reserved Alternative Investment Fund (“RAIF”) under the laws of Luxembourg with several compartments for investment in selective industries and opportunities, especially in Vietnam.