| [December 13, 2004] |
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Providential Holdings Expands M&A Advisory Services in Vietnam
HO CHI MINH, Vietnam --(Business Wire)-- Dec. 13, 2004 -- Providential Holdings, Inc. (OTCBB:PRVHE)(Berlin Stock Exchange and Frankfurt Stock Exchange: PR7 - WKN 935160) (www.phiglobal.com), a diversified holding company which currently focuses on and mergers and acquisitions services, cutting tool business, and international markets, announced today that the Company will hold a series of seminars on growth strategies and access to international capital markets for emerging companies in Vietnam.
This is part of the Company's plan to expand its M&A advisory services in Vietnam and other countries in Asia.
The venues for the month of December 2004 are as follows:
December 20, 2004, 2:00 PM, Auditorium A, Dinh Thong Nhat (former Presidential Palace), 108 Nguyen Du Street, District 1, Ho Chi Minh City, Vietnam. This event is co-sponsored by the International Center for Training and Consulting under the Ministry of Trade, Vietnam.
December 21, 2004, 2:00 PM, 497 Phan Chu Trinh Street, Tam Ky, Quang Nam, Vietnam. This event is co-sponsored by Chu Lai Investment and Development Co. for business executives affiliated with the Emerging Entrepreneurs Association of Central Vietnam.
The Company intends to hold similar programs in Ho Chi Minh City, Ha Noi, Da Nang, and Can Tho in the near future.
About Providential:
Providential Holdings and its subsidiaries engage in a number of diverse business activities, the most important of which are M&A advisory services, cutting tools, and international markets. The Company acquires and consolidates special opportunities in selective high-growth industries to create additional value, acts as an incubator for emerging companies and technologies, and provides financial consultancy and M&A advisory services to U.S. and foreign companies. www.phiglobal.com
Safe Harbor:
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.
These and other risks are identified in the company's SEC filings and should be considered in evaluating the forward-looking statements made herein.
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