Contact Information: Investor Relations Contact: John Nguyen VP Phone: 714-843-5460 E-mail:
Providential Holdings' CEO Henry Fahman to Be Keynote Panelist Speaker at CityScape USA
| Source: Providential Holdings, Inc.
LOS ANGELES, CA and HANOI, VIETNAM--(Marketwire - September 2, 2008) - Providential Holdings,
Inc. (OTCBB : PRVH ) (FRANKFURT : PR7 ), which operates in merger and
acquisitions consultancy, financial services, independent energy and
resources, and real estate development and invests in special
opportunities, today announced that its CEO, Henry Fahman, will present at
CityScape USA 2008 real estate conference. Fahman will be a keynote
panelist speaker focusing on a discussion focused on the real estate
market: "Vietnam: Symbolizing the Growth and Dynamism of Growing Asian
Economies."
Cityscape USA is a three-day conference and two-day networking exhibition,
September 9-12 at the Javits Center, New York City, showcasing investment
opportunities in emerging real estate markets in India, China, Vietnam,
Asia, the Middle East, Russia and Latin America. It attracts top regional
and international institutional investors, architects, designers,
consultants in the real estate industry from around the world.
http://www.cityscape-usa.com/
Fahman said, "I am honored to be a keynote panelist speaker at
CityScape USA Real Estate Conference. CityScape USA is a wonderful venue in
which to learn of new opportunities for investments, learn of emerging
trends in the real estate market, and hear first-hand of best practices in
the industry. It is also an opportunity to build our network of contacts
and meet other players in our niche -- the real estate market in emerging
markets, especially in Asia and Vietnam.
"In spite of the recent impact due to domestic inflationary pressure and
high interest rates, the secular trend in Vietnam is robust and will
continue to be so for decades to come. We see a truly tremendous
opportunity for investment in all sectors, including industrial,
residential, commercial, retail, and hospitality. As FDIs stand at an
all-time high, over $31 billion committed in the first half of 2008, and
keep growing, one can expect Vietnam to replicate the economic success
story of China, especially in the area of real estate development."
As part of the Company's real estate activities in Vietnam, PhiLand
Corporation, a wholly-owned subsidiary of Providential Holdings, has
recently broken ground on Phase One of the Pointe91 project in Chu Lai,
Quang Nam Province. Pointe91, a premier 118-acre development, will showcase
Quang Nam's otherworldly beauty and vibrant culture as a backdrop for a
seaside community, fusing modern décor and timeless French Colonial design,
which includes luxury private residences, a beachfront resort, a marina, a
marketplace, an amphitheater, and extensive landscaping.
http://www.philandcorp.com/
About Providential Holdings, Inc.
Providential Holdings and its subsidiaries engage in a number of diverse
business activities, the most important of which are M&A advisory services
and investing in the rapidly growing economies of Vietnam and Asia. As part
of its activities in Vietnam, Providential has been hosting seminars in
conjunction with the Nasdaq Stock Market, the Vietnamese Chamber of
Commerce and Industry and leading U.S. investment banking firms, to help
Vietnamese companies go public and raise capital through the U.S. financial
markets. For more information on Providential Holdings, visit
http://www.phiglobal.com/
Safe Harbor: This news release contains forward-looking statements that are
subject to certain risks and uncertainties that may cause actual results to
differ materially from those projected on the basis of such forward-looking
statements. Such forward-looking statements are made based upon
management's beliefs, as well as assumptions made by, and information
currently available to, management pursuant to the "safe-harbor" provisions
of the Private Securities Litigation Reform Act of 1995.