NEW YORK HANOI, Vietnam, May 13, 2015 (GLOBE NEWSWIRE) -- PHI Capital Holdings, Inc., a wholly owned subsidiary of PHI Group, Inc. (www.phiglobal.com) (OTCMarkets:PHIL), announced today that it has signed an agreement to provide M&A advisory and consulting services to assist Myson Investment Import and Export Joint Stock Company, a Vietnamese company, to become a fully reporting public company in the United States.
PHI Capital Holdings will also continue to assist Myson with corporate governance, corporate finance, financial reporting and M&A strategy and upgrade its listing to the NASDAQ Stock Markets in the near future.
Henry Fahman, Chairman and CEO of PHI Group, Inc., stated: "We delight in working with a highly talented and professional management team and look forward to making significant contributions to Myson Group's growth and expansion."
Son Anh Duong, Chairman and CEO of Myson JSC, stated: " We are pleased to engage PHI Capital Holdings to assist us in repositioning Myson to become a major player in the domestic and international markets as part of our long-term growth strategy."
About Myson JSC
Established in 2005, Myson Investment Import and Export Joint Stock Company is a Vietnam-based conglomerate engaged in mining, real estate, manufacturing, and international trade. The Company's website is: www.mysongroup.vn
About PHI Capital Holdings and PHI Group, Inc.
PHI Capital Holdings (www.phicapitalholdings.com), a wholly owned subsidiary of PHI Group, Inc., is engaged in M&A advisory services, corporate finance, project financing and corporate turnaround.
Targeting both conventional and renewable energy, PHI Group, Inc. invests in energy-related assets and other natural resources, cooperates with international partners to develop independent power plant projects, and provides renewable energy technologies in conjunction with select industry partners. In addition, the company is engaged in trading activity involving coal, oil, precious metals and other industrial commodities. Website: www.phiglobal.com