Exhibit No. 21.1
SUBSIDIARIES OF REGISTRANT
As of December 31, 2013, the Company has the following subsidiaries:
1.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.
2. American Pacific Resources, Inc., a Wyoming corporation
Percentage of ownership: 100%
Business activity: holding company for mineral and natural resources business (inactive).
3. Empire Spirits, Inc., a Nevada corporation
Percentage of ownership (to be determined).
Business activity: manufacturing and sale of American-made baijiu.
4. Philux Global Funds SCA, SICAV-RAIF, a Luxembourg corporation
Percentage of ownership: 100%
Business activity: Luxembourg bank master fund.
5. 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.
6. 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.
7. Philux Global General Partner SA, a Luxembourg corporation
Percentage of ownership: 100%
Business activity: holding management shares in PHILUX Global Funds.
8. Philux Capital Advisors, Inc., a Wyoming corporation
Percentage of ownership: 100%
Business activity: M&A consulting services.
9. Philux Global Advisors, Inc., a Wyoming corporation.
Percentage of ownership: 100%
Business activity: Investment advisory services (startup)
10. Philux Global Healthcare, Inc., a Wyoming corporation
Percentage of ownership: 100%
Business activity: medical and healthcare business (startup).
11. Philux Global Trade Inc., a Wyoming corporation
Percentage of ownership: 100%
Business activity: international trade.
12. Philux Global Energy Inc., a Wyoming corporation
Percentage of ownership: 100%
Business activity: holding company for prospective energy portfolio.
13. Philux Global Vietnam Investment & Development Co., Ltd., a Vietnamese limited liability company
Percentage of ownership: 100%
Business activity: direct investments, consulting services.
