Form 4: Alset CEO Boosts Stake with 33,000 Share Purchase

Alset Inc.'s CEO and 10% owner, Chan Heng Fai Ambrose, increased his direct beneficial ownership by acquiring 33,000 shares of common stock.

Summary

• Chan Heng Fai Ambrose, Chief Executive Officer, Director, and 10% owner of Alset Inc. (AEI), acquired 33,000 shares of the company's common stock.
• The acquisition occurred on August 18, 2025, at a weighted average purchase price of $1.2887 per share.
• Individual trades for this acquisition were executed at prices ranging from $1.19 to $1.42 per share.
• Following this transaction, Mr. Chan's direct beneficial ownership in Alset Inc. is 31,822,903 shares.
• Including 3,875,506 shares indirectly owned through HFE Holdings Limited, where Mr. Chan holds sole voting and investment power, his total beneficial ownership in Alset Inc. is 35,698,409 shares.

Sentiment

Score: 8

Explanation: The acquisition of additional shares by the CEO and a 10% owner signals strong insider confidence in the company's future performance and valuation.

Positives

• The Chief Executive Officer and a significant owner, Chan Heng Fai Ambrose, increased his direct stake in Alset Inc., signaling strong confidence in the company's future prospects.
• The purchase of 33,000 shares at an average price of $1.2887 demonstrates a personal investment by key management, which can be a positive signal to the market.

Future Outlook

NA

Management Comments

• Mr. Chan acquired 33,000 shares of the Issuer's common stock at a weighted average purchase price of $1.2887 per share.
• This transaction was executed in multiple trades at prices ranging from $1.19 to $1.42.
• 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.
• Mr. Chan also indirectly owns 3,875,506 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 35,698,409 shares of the common stock of Alset Inc.

Industry Context

This filing is an insider transaction report and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Potentially positive signal due to increased insider confidence, which could lead to increased investor interest and potentially a positive impact on share price.

Key Dates

Recommendation

The CEO and a significant owner increasing their stake suggests strong confidence in the company's future prospects and valuation, often signaling a potential upside for the stock.

Keywords

Alset Inc., AEI, Chan Heng Fai Ambrose, insider buying, stock purchase, CEO, director, 10% owner, common stock, SEC Form 4