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Welcome to PHI Group Inc.

Founded in 1982, PHI Group, Inc. is a U.S. publicly traded company (trading symbol: PHIL) primarily engaged in mergers and acquisitions and actively seeking special opportunities in select industries that can potential enhance shareholder value.

The Company has recently partnered with Milost Global Inc., a US private equity firm to turbocharge inorganic growth and will be working hand in hand with Milost in the acquisition of cash-flow positive companies that generate up to $5 billion in annual revenues.

Milost Global and PHI Group have agreed to form a Special Purpose Entity (SPE), which will be owned, controlled and managed equally by Milost and PHI. This is the entity through which these envisaged buyouts will be carried out. Subsequently, subsidiaries will be formed in closing each buyout to house relative investments in their respectful structures. 

The partnership buyout vehicle seeks to acquire publicly traded companies in North America, South Africa, New Zealand, Australia, Germany, Singapore and the UK. It will be industry agnostic focusing only on total buyouts in primarily going-private transactions. The goal will be to enhance shareholder value, distributing dividends within 24 months.  

In July 2016, the Company made a tender offer to acquire a South African company in the mining services and construction materials with average annual revenues of $70 million. While all aspects of the due diligence review of the target company have been completed, we are currently working with the target's major shareholders and lenders to resolve certain pending issues in order to close the transaction as soon as practical. Concurrently, the Company is also investigaging new acquisition opportunities in the U.S. and Canada that are engaged in agriculture, educational services and specialty retail.

Earlier, the Company had signed a Letter of Intent to acquire a 100,000 MT wood pellet plant in Northeastern United States, an agreement to acquire a 50.90% ownership in Vietnam-based Pacifc Petro Commercial Joint Stock Company, and an agreement to purchase 50.90% stock in another publicly-traded liquefied petroleum gas (LPG) company in Southeast Asia.  The closings of these transactions are subject to certain conditions to be met by the selling shareholders and PHI Group, including financing commitments and financial audits of the target companies in accordance with the US GAAP (Generally Accepted Accounting Principles).  

The Company expects to qualify for uplisting to a senior exchange like Nasdaq or NYSE after the closing of one or more of these acquisitions.  


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