Exhibit No. 21.1
SUBSIDIARIES OF REGISTRANT
As of May 23, 2022, the Company has the following subsidiaries:
1) | PHILUX Global Funds SCA, SICAV-RAIF, a Luxembourg corporation |
Percentage of ownership: 100% | |
Business activity: Luxembourg master fund. | |
2) | PHI Luxembourg Development SA, a Luxembourg corporation |
Percentage of ownership: 100% owned by PHI Group, Inc. | |
Business activity: mother holding company for Luxembourg bank funds. | |
3) | PHI Luxembourg Holding SA, a Luxembourg corporation |
Percentage of ownership: 100% owned by PHI Luxembourg Development SA. | |
Business activity: holding company for participating shares in sub-funds of PHILUX Global Funds. | |
4) | PHILUX Global General Partner SA, a Luxembourg corporation |
Percentage of ownership: 100% | |
Business activity: holding management shares in PHILUX Global Funds. | |
5) | PHILUX Capital Advisors, Inc., a Wyoming corporation |
Percentage of ownership: 100% | |
Business activity: Management and M&A consulting services. | |
6) | PHI Vietnam Investment & Development Co., Ltd., a Vietnamese limited liability company |
Percentage of ownership: 100% | |
Business activity: consulting services. | |
7) | Asia Diamond Exchange, Inc., a Wyoming corporation |
Percentage of ownership: 100% | |
Business activity: holding company for the Asia Diamond Exchange to be established in Vietnam. | |
8) | Vinafilms International, Inc., a Wyoming corporation |
Percentage of ownership: 100% | |
Business activity: holding company for the acquisition of Vinafilms Co., a Vietnamese company. | |
9) | American Pacific Resources, Inc., a Wyoming corporation |
Percentage of ownership: 100% | |
Business activity: holding company for mineral and natural resources business. | |
10) | PHIVITAE Healthcare, Inc., a Wyoming corporation |
Percentage of ownership: 100% | |
Business activity: medical and healthcare business. | |
11) | CO2-1-0 (CARBON) CORP., a Wyoming corporation |
Percentage of ownership (to be determined) | |
Business activity: environmental management. | |
12) | Empire Spirits, Inc., a Nevada corporation |
Percentage of ownership (to be determined) | |
Business activity: beverage. | |
13) | PHILUX Global Energy, Inc. |
Percentage of ownership (100%) | |
Business activity: to serve as holding company for 50.10% equity ownerships in Kota Construction LLC and Kota Energy Group LLC. | |
14) | PHILUX Global Advisors, Inc. |
Percentage of ownership (100%) | |
Business activity: to be registered with the Securities and Exchange Commission as a Registered Investment Adviser to serve as the investment advisor to PHILUX Global Funds. |