Corrections - Philux Global Group to Expedite Closings of Largest Financing Transactions
Philux Global Group (PHIL) is expediting the closing of two major financing transactions: a $3-billion Joint Venture/Partnership Agreement and a $5-billion Private Investor Contract Partnership Agreement. The funds will primarily support projects in Vietnam and USA, focusing on the Asian Diamond Exchange (ADE), International Financial Center (IFC), and geomagnetic energy technology.
The ADE will be established as a rough and lab-grown diamond trading center in Vietnam, aiming to join the World Federation of Diamond Bourses. The facility will be modeled after major diamond exchanges worldwide and located in a Free Trade Zone in Ho Chi Minh City.
Philux Global Energy will focus on three main areas: (1) Retrofitting fossil fuel plants, with potential annual savings of $1.1 trillion for 5% of global plants; (2) EV charging stations, in a market expected to exceed $150 billion by 2030; and (3) Hybrid vehicle engines, in a market projected to reach $504.18 billion by 2032.
Philux Global Group (PHIL) sta accelerando la chiusura di due importanti operazioni di finanziamento: un Accordo di Joint Venture/Partnership da 3 miliardi di dollari e un Accordo di Partnership con Investitori Privati da 5 miliardi di dollari. I fondi sosterranno principalmente progetti in Vietnam e negli Stati Uniti, concentrandosi sull'Asian Diamond Exchange (ADE), sul Centro Finanziario Internazionale (IFC) e sulla tecnologia dell'energia geomagnetica.
L'ADE sarà istituito come centro di scambio di diamanti grezzi e coltivati in laboratorio in Vietnam, con l'obiettivo di unirsi alla Federazione Mondiale delle Borse dei Diamanti. La struttura sarà modellata sulle principali borse di diamanti a livello mondiale e situata in una Zona di Libero Scambio a Ho Chi Minh City.
Philux Global Energy si concentrerà su tre aree principali: (1) Aggiornamento degli impianti a combustibili fossili, con risparmi annuali potenziali di 1,1 trilioni di dollari per il 5% degli impianti globali; (2) Stazioni di ricarica per veicoli elettrici, in un mercato che si prevede supererà i 150 miliardi di dollari entro il 2030; e (3) Motori per veicoli ibridi, in un mercato previsto per raggiungere i 504,18 miliardi di dollari entro il 2032.
Philux Global Group (PHIL) está acelerando el cierre de dos importantes transacciones de financiamiento: un Acuerdo de Joint Venture/Asociación por 3 mil millones de dólares y un Acuerdo de Asociación con Inversores Privados por 5 mil millones de dólares. Los fondos apoyarán principalmente proyectos en Vietnam y EE. UU., enfocándose en el Asian Diamond Exchange (ADE), el Centro Financiero Internacional (IFC) y la tecnología de energía geomagnética.
El ADE se establecerá como un centro de comercio de diamantes en bruto y cultivados en laboratorio en Vietnam, con el objetivo de unirse a la Federación Mundial de Bolsas de Diamantes. La instalación estará modelada según las principales bolsas de diamantes en todo el mundo y ubicada en una Zona de Libre Comercio en Ho Chi Minh City.
Philux Global Energy se centrará en tres áreas principales: (1) Modernización de plantas de combustibles fósiles, con ahorros anuales potenciales de 1.1 billones de dólares para el 5% de las plantas globales; (2) Estaciones de carga para vehículos eléctricos, en un mercado que se espera supere los 150 mil millones de dólares para 2030; y (3) Motores de vehículos híbridos, en un mercado proyectado para alcanzar los 504.18 mil millones de dólares para 2032.
Philux Global Group (PHIL)는 30억 달러 규모의 합작 투자/파트너십 계약과 50억 달러 규모의 민간 투자자 계약 파트너십을 포함한 두 가지 주요 금융 거래의 마감을 가속화하고 있습니다. 자금은 주로 베트남과 미국의 프로젝트를 지원하며, Asian Diamond Exchange (ADE), 국제 금융 센터 (IFC) 및 지자기 에너지 기술에 중점을 둡니다.
ADE는 베트남에서 천연 및 실험실 재배 다이아몬드 거래 센터로 설립되며, 세계 다이아몬드 거래소 연맹에 가입할 목표를 가지고 있습니다. 이 시설은 전 세계 주요 다이아몬드 거래소를 모델로 하여 호치민시의 자유무역지대에 위치하게 됩니다.
Philux Global Energy는 세 가지 주요 분야에 초점을 맞출 것입니다: (1) 화석 연료 발전소의 개조, 전 세계 발전소의 5%에서 연간 1.1조 달러의 잠재적 절감 효과; (2) 2030년까지 1500억 달러를 초과할 것으로 예상되는 전기차 충전소; (3) 2032년까지 5041억 8000만 달러에 이를 것으로 예상되는 하이브리드 차량 엔진.
Philux Global Group (PHIL) accélère la clôture de deux transactions de financement majeures : un Accord de Partenariat/Joint Venture de 3 milliards de dollars et un Accord de Partenariat avec Investisseurs Privés de 5 milliards de dollars. Les fonds soutiendront principalement des projets au Vietnam et aux États-Unis, en se concentrant sur l'Asian Diamond Exchange (ADE), le Centre Financier International (IFC) et la technologie de l'énergie géomagnétique.
L'ADE sera créé en tant que centre de négoce de diamants bruts et cultivés en laboratoire au Vietnam, visant à rejoindre la Fédération Mondiale des Bourses de Diamants. L'établissement sera modelé sur les grandes bourses de diamants du monde et sera situé dans une Zone de Libre Échange à Ho Chi Minh Ville.
Philux Global Energy se concentrera sur trois domaines principaux : (1) La modernisation des centrales à combustibles fossiles, avec des économies annuelles potentielles de 1,1 trillion de dollars pour 5 % des centrales mondiales ; (2) Les stations de recharge pour véhicules électriques, dans un marché qui devrait dépasser 150 milliards de dollars d'ici 2030 ; et (3) Les moteurs de véhicules hybrides, dans un marché projeté à atteindre 504,18 milliards de dollars d'ici 2032.
Philux Global Group (PHIL) beschleunigt den Abschluss von zwei wichtigen Finanzierungstransaktionen: einer 3-Milliarden-Dollar-Gemeinschaftsunternehmen-/Partnerschaftsvereinbarung und einer 5-Milliarden-Dollar-Vertragspartnerschaft mit privaten Investoren. Die Gelder werden hauptsächlich Projekte in Vietnam und den USA unterstützen, wobei der Fokus auf der Asian Diamond Exchange (ADE), dem Internationalen Finanzzentrum (IFC) und der geomagnetischen Energietechnologie liegt.
Die ADE wird als Handelszentrum für Roh- und laborgezüchtete Diamanten in Vietnam eingerichtet, mit dem Ziel, in die Weltföderation der Diamantenbörsen aufgenommen zu werden. Die Einrichtung wird nach großen Diamantenbörsen weltweit modelliert und wird sich in einer Freihandelszone in Ho-Chi-Minh-Stadt befinden.
Philux Global Energy wird sich auf drei Hauptbereiche konzentrieren: (1) Umrüstung von fossilen Brennstoffkraftwerken, mit potenziellen jährlichen Einsparungen von 1,1 Billionen USD für 5 % der weltweiten Anlagen; (2) Ladestationen für Elektrofahrzeuge, in einem Markt, der voraussichtlich bis 2030 150 Milliarden USD überschreiten wird; und (3) Hybridfahrzeugmotoren, in einem Markt, der bis 2032 voraussichtlich 504,18 Milliarden USD erreichen wird.
- Securing $8 billion in total financing through two major agreements
- Development of Asian Diamond Exchange in strategic Free Trade Zone
- Proprietary geomagnetic energy technology with multiple industrial applications
- Potential for $1.1 trillion annual savings from fossil fuel plant retrofitting
- Entry into EV charging market with 25% CAGR through 2030
- Experiencing delays with smaller financing packages
- Pending regulatory approvals and memberships for ADE
- Technology implementation and market penetration risks
- The proposed Asian Diamond Exchange (ADE) intends to apply for membership in the World Federation of Diamond Bourses (WFDB) in the near future.
- Philux Global Energy to initially focus on fossil fuel power plants, EV charging stations and hybrid vehicle engines.
New York, Jan. 21, 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
Though we have experienced long delays with the smaller financing packages due to various reasons which are currently being addressed for immediate resolutions, the Company is putting forth our best efforts with strong steps to close these two largest financing transactions in the coming weeks.
The Company intends to immediately use the funds from these largest financing agreements primarily for investment in select projects within key sectors and special investment opportunities in Vietnam and USA, especially and most urgently the Asian Diamond Exchange (ADE) and the International Financial Center (IFC) projects in Vietnam and the geomagnetic energy technology by Philux Global Energy, Inc. (www.philuxge.com, US Patent and Trademark Office Provisional Patent Application No. 63/655846).
The Asian Diamond Exchange will consist of the rough and lab-grown diamond trading center in Vietnam, envisaged to be a modern bourse that will be compliant with the Kimberley attestation process in all respects and intends to apply for membership in the World Federation of Diamond Bourses (WFDB) when fully established and operational. A key component for establishing this trade will be the establishment of Diamond Buildings, where all diamond activities will be grouped within a Free Trade Zone to be established in Ho Chi Minh City, Southern Vietnam. These Diamond Buildings will be established following the quintessences of the Israel Diamond Exchange (IDE), the Bharat Diamond Bourse (BDB), the Antwerp Diamond Exchange and the Dubai Diamond Exchange. They will provide a secure and closed environment that houses everything a diamond trader needs under one roof, the first-ever combined rough and lab-grown diamond exchanges in the Asian hemisphere. The Asian Diamond Exchange will be established in conjunction with the International Financial Center following the model of Dubai, UAE and the success stories of other prominent international financial centers.
Regarding the geomagnetic energy technology, Philux Global Energy’s core technologies will include Schumann magnetic resonance, utilizing energy from lightning in the ionosphere, storage in the natural atmosphere as Energy Storage Systems (ESS), acceleration of Muon particles (subatomic particles) in the module, taking advantage of wave nodes and wave troughs in the process of transmitting energy in the form of multi-frequency impulses.
The distinctive advantages of this “Multi-Impulse Energy System” include: 1) not depending on weather conditions, 2) does not require much land and/or water surface, 3) no need for large space, easy to transport, 4) electromagnetic compatibility with living organisms and humans, no harm effects to the health of humans, livestock, pets, or vegetation, 5) no waste or greenhouse gas emissions, 6) no heat generation, 7) no noise generation, 8) easy know-how protection with quantum encryptions, 9) easy to set up virtual power plants by using proprietary modules to coordinate output synchronously, 10) easy to establish wireless power transmission systems with huge capacity without heat loss at close range, suitable setup for two-way recharging for electric cars.
Philux Global Energy plans to provide these "pure energy" solutions to support the energy transition in sectors ranging from electric vehicles to aerospace, aiming to cut dependency on traditional fuel sources while contributing to climate action goals. Our approach leverages proprietary technology to provide scalable energy options that remain unaffected by weather and environmental limitations, promising a low-impact energy source suitable for various industrial and other needs.
Philux Global Energy will initially focus on:
(1) Mitigating fossil fuel power plants to reduce their environmental impact and improve energy efficiency by helping to retrofit existing plants with our geomagnetic technology components. It is estimated that with total investments of USD 3.5 trillion for 8,165 coal-fired, gas-fired, and oil power plants worldwide, the annual savings could reach USD 22.2 trillion. The total annual savings for retrofitting
(2) Providing power for EV charging stations: Global Market Value: The EV charging station market was valued at approximately USD 35 billion in 2022 and is expected to grow at a CAGR of over
(3) Hybrid vehicle engines: According to Fortune Business Insights, he global hybrid vehicle market is experiencing significant growth, driven by increasing environmental awareness, fluctuating fuel prices, and advancements in automotive technology. In 2023, the market was valued at approximately USD 271.80 billion and is projected to reach USD 504.18 billion by 2032, exhibiting a compound annual growth rate (CAGR) of
About PHI Group
(n/k/a Philux Global Group, Inc.)
PHI Group (n/k/a Philux Global Group Inc., www.philuxglobal.com, PHIL) primarily focuses on developing the Asian Diamond Exchange (“ADE”) in conjunction with the new International Financial Center to be established in Ho Chi Minh City, Vietnam and the “Multi-Impulse Energy System” to provide superior solutions to improve energy efficiency, reduce greenhouse gas emissions and fight climate change. The Company also advances its Philux Global Funds SCA, SICAV-RAIF, engages in mergers and acquisitions and invests in attractive businesses and select special situations with large, growing market potential that may generate extraordinary long-term shareholder value.
Safe Harbor Act and Forward-looking Statements
This news release contains “forward-looking statements” pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected,” which are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors.
Contact:
Philux Global Group Inc., (f/k/a PHI Group, Inc.)
Email: info@philuxglobal.com
Phone: +1-714-642-0571
FAQ
What are the two major financing deals PHIL is closing?
Where will PHIL's Asian Diamond Exchange be located?
What are the three main focus areas for Philux Global Energy?
What is the projected market value for hybrid vehicles by 2032 according to PHIL's announcement?
What potential savings does PHIL's fossil fuel plant retrofitting technology offer?
