3. Taking minority interest in client-partner companies to align with their long-term interest and help build enduring value.

Minority Interests

Bio-Warm Corp.
Bio-Warm Corp., a Nevada corporation currently traded on the Pink Sheets (BOWC.PK), was originally engaged in the development of rapid bio tests and subsequently in the manufacturing and marketing of a patented electrically-induced heating technology used for humans and agriculture. This company is considering a restructuring to acquire a new business operation.

Cavico Corp.
Cavico, founded in 2000, is a major infrastructure construction, infrastructure investment, and natural resources conglomerate headquartered in Hanoi, Vietnam. The company is highly respected for its core competency in the construction of mission-critical infrastructure including hydroelectric plants, highways, bridges, tunnels, and urban community developments. One of the company's primary competitive advantages is its ability to nurture a project "from concept through completion" with a vertical portfolio of interrelated investment, permitting, design, construction management, and facility maintenance services. Cavico's project partners often include top multi-national corporations as well as government organizations. The company currently employs more than 3,000 people. Vietnam's transition to a market economy has generated rapid economic growth. The country's impending ascension to the World Trade Organization is likely to provide an additional boost to economic growth and a further acceleration in the country's current infrastructure construction boom. The aggressive development of Vietnam's energy, transportation, and urban infrastructure is absolutely essential to the country's ability to compete internationally, and this aggressive build-out is creating huge growth opportunities for infrastructure construction companies such as Cavico. Providential has successfully advised and assisted Cavico to become the first Vietnam-based company that trades in the US stock market.

Cavico-PHI Cement Corp.
Cavico-PHI Cement Corp. is a joint venture company between Cavico Vietnam Ltd., and Providential Holdings, Inc. to establish and operate a cement plant in Ha Nam Province, North Vietnam. The US-based holding company for Cavico-PHI Cement Corp. is Cavico-PHI Industries, Inc., a Nevada corporation.

Eastbridge Investment Group
Formerly known as ATC Technology, Eastbridge Investment Group concentrates on the IPO, Joint Venture and Merchant Banking services in China and India. The company focuses its attention on the small-to-medium-size companies in these countries and looks for the companies that have demonstrated either a steady income stream or are ready to launch commercially disruptive products that potentially offer double digit growths in market share for the next five years.

Jeantex Group
Jeantex Group, Inc. is engaged in the design, development, manufacturing, and marketing of consumer products for the apparel markets worldwide.

Vietnam Financial Media Corp.
Vietnam Financial Media Corp (VFMC) , is a joint venture among Cavico VN, Ltd., Bao Viet Securities Co., Hawk Associates, Inc., and Providential Holdings, aiming to serve the needs of Vietnam-based public-traded companies and their investors.

Company News

Cavico Submits Request for Permission to Build the US $265 Million Dak My 1 Hydropower Project -- Market Wire (Mon, Mar 5)

Providential Holdings Signs Agreement to Take Baby G, Inc. Public -- Market Wire (Thu, Mar 1)

Providential Holdings Signs Agreement to Take Horsepower & Chrome Public -- Market Wire (Thu, Feb 22)

Providential Holdings Signs Agreement to Take Vietnam-Based Saplastic Public in the U.S. -- Market Wire (Mon, Feb 12)

Providential Holdings to Hold Seminar Focused on Vietnamese Companies Seeking to Go Public in the U.S. -- Market Wire (Thu, Feb 1