New York, July 21, 2022 (GLOBE NEWSWIRE) -- PHI Group, Inc. (www.phiglobal.com, PHIL), aka Philux Global Group Inc., a diversified holding company currently engaged in PHILUX Global Funds (a group of Luxembourg bank funds), the Asia Diamond Exchange project (“ADE”) in Vietnam, mergers and acquisitions and investing in special situations (www.co2-1-0.io), is pleased to announce that Vietnam-based AZ Holdings Investment Joint Stock Company has signed an agreement with the Company to participate in a PHILUX Global Subfund focused on real estate and infrastructure development and investment in Vietnam. In addition, AZ Holdings Investment also signed a Business Cooperation Agreement with PHIL to cooperate in the establishment of the buildings, facilities and amenities necessary for the operations of the Asia Diamond Exchange in Vietnam.
AZ Holdings Investment JSC to Participate in Philux Global Subfund and establishment of the Asia Diamond Exchange in Vietnam
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