Contact Information: Investor Relations Contact: Hawk Associates, Inc. Antonella Montagna Frank Hawkins Phone: 305-451-1888 E-mail:
Providential Holdings' PHILAND Appoints Objekt Design Group to Layout Pointe91 Interiors
| Source: Providential Holdings, Inc.
LOS ANGELES, CA and HANOI, VIETNAM--(Marketwire - June 10, 2008) - Providential Holdings,
Inc. (OTCBB : PRVH ), which operates in merger and acquisitions consultancy,
financial services, independent energy and resources, real estate
development and invests in unique opportunities, today announced that its
subsidiary, PHILAND, has retained Objekt Design Group for interior design
of the beachside resort and private residences of the Pointe91 project.
Pointe91, a planned development spanning 118 acres of seaside property, is
slated to become a gated community featuring a beachside resort, spa, and
private residences. The project will break ground later this year.
Architectural designs for the property can be accessed here:
http://www.hawkassociates.com/clients/additional/index.cfm?client_id=13
Cee Atcheson, lead designer and principal of Objekt, said, "We intend to
make the Pointe91 project into one of the most truly luxurious destinations
in Vietnam. To match the unparalleled seaside location, we plan interior
designs that evoke the tranquility of the sea and also bring in the
vibrancy and uniqueness from the area. We are planning to fuse traditional
French colonial timelessness and Asian architecture to give this project
the combination of antiquity and contemporariness that is the essence of
Quang Nam province."
PHILAND Director of Business Development John Nguyen, said, "Cee will be
instrumental in creating cohesion and harmony in design not found anywhere
else in Vietnam. Her ability to build a simple yet sophisticated style
through careful selection of ornamental pieces will help us give the
high-quality, elegance and personal touch that the Pointe91 lifestyle
represents."
PHILAND, Corporate Director Daniel St. John said, "We are pleased to
welcome Objekt to the Pointe91 team. Cee has the ability to take something
whether it's a pot, a vase, an heirloom of some sort, from the culture and
times and weave it into a simple, yet cohesive and sophisticated style. We
are confident that Objekt will be able to capture a spirit of excellence
that has driven this project since its inception. We intend to make
Pointe91 one of the foremost luxury destinations in Vietnam to provide an
exceptional individual experience for our clients, whether they spend a
night with us or a whole lifetime."
About Objekt Design Group
Objekt Design Group is a California based company specializing in interior
design. Founded in 2002, the company has designed interiors for California
Pacific Homes, private homes and has been heavily involved with Disney's
"House of the Future," which will be unveiled in Anaheim, California, later
this year.
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.
A profile is available at: http://www.hawkassociates.com/profile/prvh.cfm.
For investor relations, contact Antonella Montagna, Hawk Associates, at
305-451-1888, e-mail: Providential.Holdings@hawkassociates.com or
http://www.hawkassociates.com. For free e-mail alerts, visit:
http://www.hawkassociates.com/about/alert.
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.