0001493152-24-021851.txt : 20240529
0001493152-24-021851.hdr.sgml : 20240529
20240529214648
ACCESSION NUMBER: 0001493152-24-021851
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240524
FILED AS OF DATE: 20240529
DATE AS OF CHANGE: 20240529
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chan Heng Fai Ambrose
CENTRAL INDEX KEY: 0001261725
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39732
FILM NUMBER: 241000553
MAIL ADDRESS:
STREET 1: 2601 INSLAND PLACE TOWER
STREET 2: 510 KINGS RD N POINT
CITY: HONG KONG
STATE: K3
ZIP: 999999999
FORMER NAME:
FORMER CONFORMED NAME: CHAN FAI
DATE OF NAME CHANGE: 20030828
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Alset Inc.
CENTRAL INDEX KEY: 0001750106
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 831079861
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 4800 MONTGOMERY LANE
STREET 2: SUITE 210
CITY: BETHESDA
STATE: MD
ZIP: 20814
BUSINESS PHONE: 3019713955
MAIL ADDRESS:
STREET 1: 4800 MONTGOMERY LANE
STREET 2: SUITE 210
CITY: BETHESDA
STATE: MD
ZIP: 20814
FORMER COMPANY:
FORMER CONFORMED NAME: Alset EHome International Inc.
DATE OF NAME CHANGE: 20210205
FORMER COMPANY:
FORMER CONFORMED NAME: HF Enterprises Inc.
DATE OF NAME CHANGE: 20180814
4
1
ownership.xml
X0508
4
2024-05-24
0
0001750106
Alset Inc.
AEI
0001261725
Chan Heng Fai Ambrose
9 TEMASEK BOULEVARD #16-4
SUNTEC TOWER TWO
SINGAPORE
U0
038989
SINGAPORE
1
1
1
0
Chief Executive Officer
0
Common Stock
2024-05-24
4
P
0
233092
0.70
A
4856910
D
Common Stock
2024-05-24
4
P
0
223396
0.667
A
5080306
D
Common Stock
2024-05-28
4
P
0
67215
0.741
A
5147521
D
On May 24, 2024, Mr. Chan acquired 233,092 shares of the Issuer's common stock at a price of $0.70 per share in a private transaction.
On May 24, 2024, Mr. Chan acquired 223,396 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $0.546 to $0.70. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide, upon request of the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
On May 28, 2024, Mr. Chan acquired 67,215 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $0.73 to $0.80. The reporting person hereby undertakes to provide, upon request of the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
In addition to the shares of common stock held directly by Mr. Chan, Mr. Chan also indirectly owns 319,000 shares of common stock held by HFE Holdings Limited. Mr. Chan has sole voting and investment power with respect to the shares held by HFE Holdings Limited. Mr. Chan is the beneficial owner of 5,466,521 shares of the common stock of Alset Inc.
/s/ Chan Heng Fai Ambrose
2024-05-29