Form 4: Alset Inc. CEO Chan Heng Fai Ambrose Boosts Stake with Significant Stock Acquisition

Alset Inc.'s Chief Executive Officer, Chan Heng Fai Ambrose, acquired 280,000 shares of common stock, increasing his total beneficial ownership to nearly 8 million shares.

Summary

• Chan Heng Fai Ambrose, serving as Director, 10% Owner, and Chief Executive Officer of Alset Inc. (AEI), reported a change in beneficial ownership.
• On June 30, 2025, Mr. Chan acquired 280,000 shares of Alset Inc.'s common stock.
• The shares were acquired at a weighted average purchase price of $1.20 per share, with individual trades ranging from $0.984 to $1.30.
• Following this transaction, Mr. Chan directly owns 4,123,236 shares of common stock.
• Additionally, Mr. Chan indirectly owns 3,875,506 shares of common stock through HFE Holdings Limited, over which he holds sole voting and investment power.
• Mr. Chan's total beneficial ownership in Alset Inc. now stands at 7,998,742 shares of common stock.

Sentiment

Score: 8

Explanation: The acquisition of a significant number of shares by the Chief Executive Officer indicates strong insider confidence and aligns management's interests with shareholders, generally viewed as a positive signal.

Positives

• Chief Executive Officer Chan Heng Fai Ambrose acquired a substantial 280,000 shares of Alset Inc. common stock, signaling strong confidence in the company's future prospects.
• The acquisition increases Mr. Chan's total beneficial ownership to 7,998,742 shares, further aligning management's interests with those of shareholders.

Future Outlook

NA

Management Comments

• 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.

Industry Context

NA

Stakeholder Impact

• Shareholders: The acquisition by the CEO may instill greater confidence in the company's future, potentially leading to a positive impact on the share price due to increased insider ownership and alignment of interests.

Key Dates

Recommendation

Keywords

Alset Inc., AEI, Chan Heng Fai Ambrose, insider trading, Form 4, common stock, share acquisition, beneficial ownership, CEO, director, 10% owner