Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan Acquires 4,411,764 Shares

Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan purchased 4,411,764 shares of Alset stock in a transaction dated Monday, November 25th. The stock was bought at an average price of $0.68 per share, with a total value of $2,999,999.52. Following the completion of the transaction, the director now owns 11,387,954 shares of the company’s stock, valued at $7,743,808.72. This represents a 63.24 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Heng Fai Ambrose Chan also recently made the following trade(s):

• On Tuesday, September 24th, Heng Fai Ambrose Chan acquired 6,034,537 shares of Alset stock. The shares were bought at an average cost of $0.63 per share, for a total transaction of $3,801,758.31.

Alset Stock Down 4.4 %

AEI stock opened at $1.08 on Wednesday. Alset Inc. has a twelve month low of $0.46 and a twelve month high of $2.05. The firm has a market capitalization of $9.98 million, a PE ratio of -0.25 and a beta of 1.26. The stock has a 50-day simple moving average of $1.40 and a two-hundred day simple moving average of $1.19.

About Alset

Alset Inc 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.