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

Alset Inc. (NASDAQ:AEI) Director Heng Fai Ambrose Chan purchased 4,411,764 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average cost of $0.68 per share, with a total value of $2,999,999.52. Following the completion of the transaction, the director now directly owns 11,387,954 shares of the company’s stock, valued at $7,743,808.72. The trade was a 63.24 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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 stock was bought at an average cost of $0.63 per share, for a total transaction of $3,801,758.31.

Alset Trading Down 4.4 %

NASDAQ:AEI opened at $1.08 on Wednesday. Alset Inc. has a 12 month low of $0.46 and a 12 month high of $2.05. The firm’s 50 day moving average is $1.40 and its 200 day moving average is $1.19. The stock has a market capitalization of $9.98 million, a PE ratio of -0.25 and a beta of 1.26.

Alset Company Profile

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.