Company: PHIL
Filing Date: 2025-04-11
Form Type: 8-K
Source: 0001641172-25-003786
Chunk: 1

Company: PHI GROUP INC
Filing Date: 2025-04-11
Form: 8-K
Item: Item 8.01
Chunk 1
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 Party warrants that the Investment Fund is unencumbered, good,
clean, and cleared funds of non-criminal origin and that all anti money-laundering regulations have been strictly followed without exception
in the course of the transfer and investments of the Investment Fund.

The Company intends to allocate a large portion of
the Investment Fund for the initial investments in the International Financial Center and the Asia Diamond Exchange projects in Vietnam,
Philux Global Energy’s geomagnetic energy technology initiatives and other select investment opportunities. In addition, the Company
plans to implement its share buyback program as previously announced.

The Company also plans to allocate a portion of its
first year’s management fee to pay for the necessary expenses in order to close all the other pending financing packages.

SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01 Financial Statements and Exhibits