Company: PHIL
Filing Date: 2025-04-11
Form Type: 8-K
Source: 0001641172-25-003786
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Company: PHI GROUP INC
Filing Date: 2025-04-11
Form: 8-K
Item: Item 8.01
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Item 8.01 Other Events.

1. Receipt of GBP 578,010,000 (equivalent
to US $750,000,000) from a ultra-high-net-worth investor group as previously reported in Form 8-K’s filed with the Securities and
Exchange Commission on February 21, 2024 ( https://www. sec. gov/ix? doc=/Archives/edgar/data/704172/000149315224007343/form8-k. htm https://www. sec. gov/ix? doc=/Archives/edgar/data/704172/000149315224052411/form8-k. htm

On March 18, 2025, we received a total
of GBP 578,010,000 (equivalent to US $750,000,000) from a ultra-high-net-worth investor group as previously reported in Form 8-K’s
filed with the Securities and Exchange Commission on February 21, 2024 ( https://www. sec. gov/ix? doc=/Archives/edgar/data/704172/000149315224007343/form8-k. htm)
and December 30, 2024 ( https://www. sec. gov/ix? doc=/Archives/edgar/data/704172/000149315224052411/form8-k. htm), respectively, in
a holding account at Satvie Bank, 1001 Bishopsgate, City of London, EC2N 24AG, United Kingdom.

We are currently awaiting additional
compliance review for remittance release in order to transfer the funds mentioned above to our designated account(s) for investments
in selective preferred investment programs such as the Asia Diamond Exchange and the International Financial Center in Vietnam, the geomagnetic
energy technology with Philux Global Energy, Inc. ( www. philuxge. com) and others that are selected, investigated, advised, and/or
managed by the Registrant or its subsidiaries and affiliates.

According to the Agreement, shall be entitled to collect a one-time fee
of 5.00% of the Investment Fund for the setup and first year’s management and advisory fees (the “ Advisory and Management
Fees”). Commencing the first anniversary of the signing of this Agreement, the Investment Manager will be entitled to an annual
management fee of 2.00% based on the value of the assets under management and share 30% profits from the Investment Fund.

The Investor