Letter dated February 09, 2023 to terminate the Agreement for Participation in Philux Infrastructure Fund signed February 02, 2023 between Thanh Nam Long Construction Co., Ltd. and the Company

EX-10.1 2 ex10-1.htm

 

EXHIBIT 10.1

 

 

 

 
 

 

 

February 9, 2023

 

Mr. Nguyen Thanh Long

Chairman of the Board of Directors and General Director

Thanh Nam Long Construction Co., Ltd

Lot C10-18, Street No. 5, Northwest Urban Area

Vinh Quang Ward, Rach Gia City

Kien Giang Province Vietnam

 

Re: Termination of Agreement for Participation in PHILUX Infrastructure Fund, a Luxembourg bank fund.

 

Dear Mr. Long,

 

This document is to confirm that, in accordance with Article 2 of the Agreement to participate in the Philux Infrastructure Fund signed by and between Thanh Nam Long Co., Ltd and Philux Global Group Inc. on February 2, 2023, this Agreement is terminated immediately herein by Philux Global Group Inc. because Thanh Nam Long Limited Liability Company has not fully performed its obligations under the above Fund Participation Contract.

 

If you need more information or have any questions, please contact the undersigned.

 

Thank you.

 

Respectfully yours,

 

/signed and sealed/ Henry D Fahman

Henry D Fahman

Chairman & CEO

 

Recipients:

 

- As above

- File

 

Office address: 2323 Main St., Irvine, CA 92614, U.S.A.

* Tel: +1 ###-###-####; Fax: +1 ###-###-#### -- Email: ***@***; Website: www.philuxglobal.com