Company: PHIL
Filing Date: 2025-05-20
Form Type: 8-K
Source: 0001641172-25-011802
Chunk: 0

Company: PHI GROUP INC
Filing Date: 2025-05-20
Form: 8-K
Item: Item 8.01
Chunk 0
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Item
8.01 Other Events

$120,000,000
Asset Management Agreement between an investor group and Philux Global Group, Inc.

On
May 6, 2025, the registrant, (the” Investment Manager”) signed an Asset Management Agreement (the “ Agreement”)
with a ultra-high-net-worth investor group (the “ Investor Party”) to manage a total principal amount of $120,000,000 (One
Hundred Twenty Million U. S. Dollars), (“the Investment Fund”), on behalf of the Investor Party for investment in different
transactions to be selected, advised and managed by the Investment Manager for a period of five years, to be renewed for five years unless
terminated by either party. According to the Agreement, the Investment Manager shall receive 5% annual management fee of the principal
amount under management and share 30% profits from this Investment Fund.

The
Company intends to allocate a large portion of the Investment Fund for initial investment in the International Financial Center and the
Asia Diamond Exchange in Vietnam, Philux Global Energy’s geomagnetic energy technology initiatives and other select projects.

SECTION
9 - FINANCIAL STATEMENTS AND EXHIBITS

Item
9.01 Financial Statements and Exhibits