Alset Inc. (AEI)

0.5721 -0.0179 (-3.03%) As of 11:01AM EDT. Market open.

Alset Inc.

4800 Montgomery Lane
Suite 210
Bethesda, MD 20814
United States
301 971 3940
https://www.alsetinc.com

Sector(s): Real Estate
Industry: Real Estate - Development
Full-time employees: 60

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Fai Heng Chan	Founder, Chairman of the Board & CEO	N/A	N/A	1945
Mr. Tung Moe Chan BApSc, MBA, MEng	Co-CEO & Executive Director	289.56k	N/A	1979
Mr. Wai Leung Lui	Co-Chief Financial Officer	154.43k	N/A	1971
Mr. Rongguo Wei CPA	Co-Chief Financial Officer	176.52k	N/A	1972
Mr. Charles W. S. MacKenzie	Chief Development Officer	400k	N/A	1971
Mr. Sheng Hon Lim	Executive Director	193.78k	N/A	1993
Mr. Michael Gershon	Chief Legal Officer	N/A	N/A	1973

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Alset Inc., together with its subsidiaries, engages in the real estate development, financial services, digital transformation technologies, biohealth activities, and consumer products businesses in the United States, Singapore, Hong Kong, Australia, and South Korea. It operates through four segments: Real Estate, Digital Transformation Technology, Biohealth, and Other Business Activities segments. The Real Estate segment develops property projects and participates in third-party property development projects; and owns, operates, and manages real estate development projects with a focus on land subdivision developments and house rental projects. The Digital Transformation Technology segment provides consulting, implementation, and development services with various technologies, including blockchain, e-commerce, social media, and payment solutions. Its technology platform focuses on business-to-business solutions, such as communications and workflow, instant messaging, international calling, social media, e-commerce and payment systems, and direct marketing solutions. The Biohealth segment engages in developing, researching, testing, manufacturing, licensing, and distributing biohealth products and services. The Other Business Activities segment offers corporate strategy and business development, asset management, corporate restructuring, and leveraged buy-out expertise services. It also operates cafes which is located in Singapore and South Korea. The company was formerly known as Alset EHome International Inc. and changed its name to Alset Inc. in October 2022. Alset Inc. was incorporated in 2018 and is headquartered in Bethesda, Maryland.

Corporate governance

Alset Inc.’s ISS governance QualityScore as of 1 April 2024 is 10. The pillar scores are Audit: 10; Board: 10; Shareholder rights: 6; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.