Jan. 15, 2020, 02:40 AM
** CORRECTIONS **
New York, Jan. 15, 2020 (GLOBE NEWSWIRE) — Glink Arts JSC, a Wyoming corporation, today announced that the Company has retained PHI Capital Holdings, Inc., a wholly-owned subsidiary of PHI Group, Inc. (www.phiglobal.com) (OTC Markets: PHIL), to assist in its IPO and Mergers and Acquisitions plans.
According to the agreement between the two companies, PHI Capital Holdings will be responsible for assisting Glink Arts on a non-exclusive basis throughout the entire process to take the Company public on the U.S. Stock Market as a fully-reporting company with the U.S. Securities and Exchange Commission and upgradable to the Nasdaq Stock Market.
In addition, PHI Capital Holdings will also introduce investment banking firms, institutional and private investors and coordinate with these entities to provide capital for the Company to implement its business plan, as well as introduce investor relations agencies and other product and service providers to the Company as may be required during the normal course of business of the Company.
David Chinh Trong Truong, Chairman and CEO of Glink Arts JSC stated: “We are confident that the services to be provided by PHI Capital Holdings’ advisory team will greatly enhance our company’s position as we move ahead with the public listing process. We also believe that our innovative business model will be able to create significant long-term shareholder value as a public company that will be upgradable to Nasdaq in the future.”
Glink Arts JSC, a Wyoming company, creates, sells, and distributes high quality art paintings. We provide a system to connect customers with service providers who deliver specific services. Our products and services include coffee shops which will feature art and coffee products in one place as well as Apps that provide services for entertainment, organizing music concerts, modeling events, online dating, entertainment competitions, songwriting, artwork, actors and actresses, plumbing, dentists, handyman services, employment, mechanics, painters, construction workers, etc.
PHI Capital Holdings, Inc. (www.phicapitalholdings.com) provides M&A consulting services and assists companies to go public and access international capital markets. It is a wholly owned subsidiary of PHI Group (www.phiglobal.com,) which primarily focuses on mergers and acquisitions and invests in select industries and special situations that may substantially enhance shareholder value. In addition, PHI Group has also been working diligently to organize PHILUX Global Funds with several compartments for investment in renewable energy, agriculture, real estate and a potential rough diamond trading center in Vietnam (www.philux.eu).
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.
– Glink Arts JSC –
Pandora A.N. Le