Philux Global Energy Signs Agreement to Provide Pure Geomagnetic Energy Solutions to Improve Energy Efficiency, Eliminate Greenhouse Gas Emissions and Help Meet Malaysia’s New Renewable Energy Target.
New York, Nov. 25, 2024 (GLOBE NEWSWIRE) -- PHI Group, Inc. (n/k/a Philux Global Group Inc., www.philuxglobal.com, PHIL), is pleased to announce that PHILUX GLOBAL ENERGY, INC. (“PGE”), a subsidiary of the Company, website https://philuxge.com/ and KOASTAL ECO INDUSTRIES, CO., LTD, a (“KEI”), subsidiary of KOASTAL ECO SND, BHD, a Malaysian company with headquarters in Kuching, Sarawak, Malaysia, have signed a Memorandum of Understanding to grant KEI a non-exclusive right to sell and distribute g