PHI GROUP INC

http://www.frankfurterfinance.de/

mit investoren.... denke mal nächste woche ist man schlauer.... ;-))

hi PHI-Group trifft sich diese Woche mit Großinvestoren in Deutschland .... ..läuft seit Montag..

Press Release Source: PHI Group, Inc. On Tuesday September 29, 2009, 9:20 am EDT Buzz up! 0 Print.Companies:PHI Group, Inc. LOS ANGELES, FRANKFURT and HANOI, Sept. 29 /PRNewswire-FirstCall/ - PHIGroup, Inc. (OTC Bulletin Board: PHIE; Frankfurt Stock Exchange: PR7, WKN 935160), a company engaged in the development of real estate and mining, consulting and mergers and acquisitions advisory services, through its wholly-owned subsidiary PHI Vietnam Ltd., today announced that the company signed an agreement with the Linh Thanh Group, a Vietnamese company, to arrange funding for a resort development project by Camly Mangling Co. Ltd. in Da Lat City, Lam Dong Province, Vietnam. According to the agreement, PHIGroup will work with international institutional and individual investors to provide capital for the Camly Mangling project, which will require approximately $257.8 million for total construction costs, excluding the cost for 546 acres of land. As part of the compensation for the services rendered to Camly Mangling, PHIGroup will retain approximately 15% equity in this project. Camly Mangling's development plan consists of a mix of products, including a residential cluster (mansions, villas and bungalows), a hotel cluster (a boutique hotel, a three star hotel and a five star hotel), and public facilities such as green space, golf driving range, glass house arboretum, private clubhouse, wedding chapel, conference complex and other amenities. Tai Vo, Managing Director of PHI Vietnam, comments:" We are delighted to help secure the investors for this venture, and look forward to assisting Thanh Linh Group's subsidiary, Camly Mangling, with this important project." In a press release earlier this month, PHIGroup Chairman and CEO, Henry Fahman, expressed his anticipation of opportunities like this one with the Thanh Linh Group. Commenting on the successful listings of Cavico Corp. (Nasdaq:CAVO - News) on The Nasdaq Capital Market in the U.S., and Philand Ranch Ltd. (Frankfurt:1P8 - News) on the Frankfurt Stock Exchange, he stated, "These listings pave the way for other Vietnamese companies to access U.S. and international capital resources, thanks to ease of access and potential improved liquidity through the world's largest exchange-trading markets."