PHIL signs $120M asset management agreement with ultra-high-net-worth group

PHI GROUP INC

Agreement for $120M principal managed by PHIL over 5 years, renewable for 5 years.
PHIL receives 5% annual management fee of principal and 30% of profits.
Funds to be allocated to Vietnam International Financial Center, Asia Diamond Exchange, and Philux Global Energy geomagnetic tech.
Agreement dated May 6, 2025; confidential exhibit not filed.
Management sees this as a significant revenue-generating mandate.

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