Alset Inc. — Director's Dealing 2022

Dec 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Alset Inc. (AEI)
CIK: 0001750106
Period of Report: 2022-12-16

Reporting Person: Chan Heng Fai Ambrose (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-16	Common Stock	P	84636	$0.1615	Acquired	76155991	Direct

Footnotes

F1: On December 16, 2022, Mr. Chan acquired 84,636 shares of the Issuer's common stock. This transaction was executed in multiple trades at prices ranging from $0.1591 to $0.17. 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.

F2: In addition to the 76,155,991 shares of common stock held directly by Mr. Chan, Mr. Chan also indirectly owns 6,380,000 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 82,535,991 shares of the common stock of Alset Inc.