PHI Group to acquire 51% of Vinafilms Joint Stock Company

PHI Group, Inc. filed a certificate of amendment to designate preferred stock to prepare for the closing of its acquisition of 51% of Vinafilms Joint Stock Company. The transaction is scheduled to close by the end of September 2018.

“PHI Group will issue 50 million shares of its Class A Series III Preferred Stock in exchange for 51% of Vinafilms JSC.”globenewswire.com

• 1 source
• globenewswire.comPHI Group Designates Preferred Stock to Prepare for thePHI Group, Inc.Sep 27, 2018

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