New York, Jan. 17, 2025 (GLOBE NEWSWIRE) -- PHI Group, Inc. (n/k/a Philux Global Group Inc., www.philuxglobal.com, PHIL), is pleased to announce that the Company is taking strong steps to expedite the closing of the two largest financing transactions consisting of the US$3-billion Joint Venture/Partnership Agreement and the US$ 5-billion Private Investor Contract Partnership Agreement as filed in Form 8-K’s with the Securities and Exchange Commission on August 22, 2022 and January 16, 2025, respectively.

New York, Nov. 15, 2024 (GLOBE NEWSWIRE) -- PHI Group, Inc. (n/k/a Philux Global Group Inc., www.philuxglobal.com, PHIL), is pleased to announce that Philux Global Energy, Inc. (“PGE”), a subsidiary of the Company, website https://philuxge.com/ and Ecome International Co., Ltd, (“EIC”), a Thai company in DonMuang District, Bangkok, Thailand, have signed a Memorandum of Understanding to grant EIC a non-exclusive right to sell and distribute geomagnetic energy products manufactured, produced, or sold by Philux Global Energy in the Kingdom of Thailand. Initially EIC will primarily focus on providing Philux Global Energy’s geomagnetic energy products to Thai industrial zones.

New York, June 25, 2024 (GLOBE NEWSWIRE) -- PHI Group, Inc. (n/k/a Philux Global Group Inc., www.philuxglobal.com, PHIL), is pleased to announce that a Provisional Patent Application has been filed with the United States Patent and Trademark Office, Application Number #63/655,846; Docket # 24RMA07, for a new and useful invention entitled “MULTI-IMPULSE ENERGY SYSTEM.” The requirements of law have been complied with, and therefore, the invention disclosed in the above referenced U.S. provisional patent application is legally “Patent Pending” within the United States of America.