Alset Management

Management criteria checks 2/4

Alset's CEO is Ambrose Chan, appointed in Mar 2018, has a tenure of 6.67 years. directly owns 66.75% of the company’s shares, worth $6.97M. The average tenure of the management team and the board of directors is 5.5 years and 3 years respectively.

Key information

Ambrose Chan

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.7yrs
CEO ownership	66.7%
Management average tenure	5.5yrs
Board average tenure	3yrs

Recent management updates

Recent updates

Take Care Before Jumping Onto Alset Inc. (NASDAQ:AEI) Even Though It's 28% Cheaper

Jul 28

Improved Revenues Required Before Alset Inc. (NASDAQ:AEI) Stock's 37% Jump Looks Justified

May 29

Investors Give Alset Inc. (NASDAQ:AEI) Shares A 26% Hiding

Mar 19

Further Upside For Alset Inc. (NASDAQ:AEI) Shares Could Introduce Price Risks After 38% Bounce

Jan 09

Alset Inc. (NASDAQ:AEI) Might Not Be As Mispriced As It Looks After Plunging 33%

Aug 17

CEO Compensation Analysis

How has Ambrose Chan's remuneration changed compared to Alset's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-US$40m
Jun 30 2024	n/a	n/a	-US$57m
Mar 31 2024	n/a	n/a	-US$62m
Dec 31 2023	n/a	n/a	-US$59m
Sep 30 2023	n/a	n/a	-US$39m
Jun 30 2023	n/a	n/a	-US$35m
Mar 31 2023	n/a	n/a	-US$38m
Dec 31 2022	US$8m	US$18	-US$40m
Sep 30 2022	n/a	n/a	-US$50m
Jun 30 2022	n/a	n/a	-US$46m
Mar 31 2022	n/a	n/a	-US$104m
Dec 31 2021	US$6m	US$9	-US$103m
Sep 30 2021	n/a	n/a	-US$74m
Jun 30 2021	n/a	n/a	-US$76m
Mar 31 2021	n/a	n/a	-US$11m
Dec 31 2020	US$473k	n/a	-US$3m
Sep 30 2020	n/a	n/a	-US$11m
Jun 30 2020	n/a	n/a	-US$157k
Mar 31 2020	n/a	n/a	-US$3m
Dec 31 2019	n/a	n/a	-US$5m
Sep 30 2019	n/a	n/a	-US$4m
Jun 30 2019	n/a	n/a	-US$5m
Mar 31 2019	n/a	n/a	-US$2m
Dec 31 2018	US$78k	US$78k	-US$4m
Jun 30 2018	n/a	n/a	-US$1m
Mar 31 2018	n/a	n/a	-US$3m
Dec 31 2017	US$310k	US$310k	-US$4m

Compensation vs Market: Insufficient data to establish whether Ambrose's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Ambrose's compensation has increased whilst the company is unprofitable.

CEO

Ambrose Chan (79 yo)

6.7yrs

Tenure

Mr. Heng Fai Chan, also known as Ambrose, serves as Chief Executive Officer of Alset Inc. He is Executive Chairman of HWH International Inc. since January 9, 2024 and has been its Chairman and Director fro...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Heng Fai Chan	Founder	6.7yrs	no data	66.75% $ 7.0m
Tung Moe Chan	Co-CEO & Executive Director	3.3yrs	US$289.56k	no data
Wai Leung Lui	Co-Chief Financial Officer	6.7yrs	US$154.43k	no data
Rongguo Wei	Co-Chief Financial Officer	6.7yrs	US$176.52k	no data
Charles W. MacKenzie	Chief Development Officer	4.9yrs	US$400.00k	no data
Sheng Hon Lim	Executive Director	2.1yrs	US$193.78k	no data
Michael Gershon	Chief Legal Officer	6.1yrs	no data	no data
Anthony S. Chan	Consultant	less than a year	no data	no data

5.5yrs

Average Tenure

52.5yo

Average Age

Experienced Management: AEI's management team is seasoned and experienced (5.5 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Heng Fai Chan	Founder	6.7yrs	no data	66.75% $ 7.0m
Tung Moe Chan	Co-CEO & Executive Director	2.1yrs	US$289.56k	no data
Sheng Hon Lim	Executive Director	2.1yrs	US$193.78k	no data
Wai Leung Wu	Independent Non-Executive Director	4yrs	US$20.00k	no data
Shui Yeung Wong	Independent Director	3yrs	US$42.36k	no data
Tat Keung Wong	Independent Non-Executive Director	4yrs	US$42.36k	no data
Hiu Pan Wong	Independent Director	2.1yrs	US$18.00k	no data

3.0yrs

Average Tenure

53yo

Average Age

Experienced Board: AEI's board of directors are considered experienced (3 years average tenure).

Alset Management

Management criteria checks 2/4

Key information

Recent management updates

Alset Inc., Annual General Meeting, Dec 05, 2024

Founder recently bought US$72k worth of stock

Founder recently bought US$199k worth of stock

Alset Inc., Annual General Meeting, Dec 14, 2023

Founder recently bought US$361k worth of stock

Founder & Chairman of the Board recently bought US$175k worth of stock

Recent updates

Third quarter 2024 earnings released: EPS: US$0.19 (vs US$1.73 loss in 3Q 2023)

New major risk - Market cap size

Alset Inc., Annual General Meeting, Dec 05, 2024

Second quarter 2024 earnings released: US$0.13 loss per share (vs US$0.63 loss in 2Q 2023)

Take Care Before Jumping Onto Alset Inc. (NASDAQ:AEI) Even Though It's 28% Cheaper

New major risk - Market cap size

Founder recently bought US$72k worth of stock

Founder recently bought US$199k worth of stock

Improved Revenues Required Before Alset Inc. (NASDAQ:AEI) Stock's 37% Jump Looks Justified

Alset Inc. (NasdaqCM:AEI) entered into a Securities Purchase Agreement to acquire approximately 13.9% stake in DSS, Inc. (NYSEAM:DSS) from Chan Heng Fai and Heng Fai Holdings Limited for $1.7 million.

First quarter 2024 earnings released: US$0.73 loss per share (vs US$0.46 loss in 1Q 2023)

Alset Receives Written Notice from Nasdaq Regarding Non-Compliance with the Minimum Bid Price Requirement for Continued Listing on the Nasdaq Capital Market Pursuant to Nasdaq Listing Rule 5550(a)(2)

Full year 2023 earnings released: US$6.52 loss per share (vs US$6.22 loss in FY 2022)

Investors Give Alset Inc. (NASDAQ:AEI) Shares A 26% Hiding

New major risk - Market cap size

Further Upside For Alset Inc. (NASDAQ:AEI) Shares Could Introduce Price Risks After 38% Bounce

New major risk - Market cap size

Third quarter 2023 earnings released: US$1.73 loss per share (vs US$1.58 loss in 3Q 2022)

Alset Inc., Annual General Meeting, Dec 14, 2023

Alset Inc. (NASDAQ:AEI) Might Not Be As Mispriced As It Looks After Plunging 33%

Second quarter 2023 earnings released: US$0.63 loss per share (vs US$1.46 loss in 2Q 2022)

Founder recently bought US$361k worth of stock

First quarter 2023 earnings released: US$0.46 loss per share (vs US$1.30 loss in 1Q 2022)

Alset Inc. has completed a Follow-on Equity Offering in the amount of $3.800001 million.

Founder & Chairman of the Board recently bought US$175k worth of stock

Alset Inc. Elects William Wu to Its Board of Directors

Founder & Chairman of the Board recently bought US$59k worth of stock

Third quarter 2022 earnings released: US$0.079 loss per share (vs US$0.19 loss in 3Q 2021)

High number of new and inexperienced directors

High number of new and inexperienced directors

Alset Inc., Annual General Meeting, Dec 05, 2022

Founder recently bought US$251k worth of stock

Alset Inc. Announces Board Appointments

Alset EHome International Inc. (NasdaqCM:AEI) acquired 99.69% stake in GigWorld Inc. from Alset International Limited (Catalist:40V) for $1.5 million.

Second quarter 2022 earnings released: US$0.073 loss per share (vs US$6.03 loss in 2Q 2021)

Nasdaq Grants Additional 180 Days to Alset EHome International to Regain Compliance

Alset EHome International Inc. (NasdaqCM:AEI) completed the acquisition of 8.4% stake in Alset International Limited (Catalist:40V) from Heng Fai Ambrose Chan.

First quarter 2022 earnings released: US$0.065 loss per share (vs US$0.73 loss in 1Q 2021)

Founder recently bought US$1.5m worth of stock

Full year 2021 earnings released: US$3.69 loss per share (vs US$0.25 loss in FY 2020)

Alset EHome International Inc. Appoints Anthony S. Chan as Chief Operating Officer

Founder exercised options to buy US$3.3m worth of stock.

Alset EHome: Deep Value Case For Risk-Resistant Investors

Third quarter 2021 earnings released: US$0.19 loss per share (vs US$1.53 loss in 3Q 2020)

Alset EHome: Underlying Value Is There, But Watch Out For Dilution

Second quarter 2021 earnings released: US$6.03 loss per share (vs US$0.07 loss in 2Q 2020)

Less than half of directors are independent

Alset EHome International Inc.(NasdaqCM:AEI) dropped from Russell 3000E Growth Index

Alset EHome International Inc. announced delayed 10-Q filing

Alset EHome International Inc. has completed a Composite Units Offering in the amount of $31.98389 million.

Alset EHome secures $32M capital raise

Alset EHome International Inc. (NasdaqCM:AEI) completed the acquisition of Hengfeng Finance Limited.

Alset EHome International Inc. announced delayed annual 10-K filing

HF Enterprises Inc. (NasdaqCM:HFEN) has entered into a binding term sheet to acquire 20.7% stake in True Partner Capital Holding Limited (SEHK:8657) for $6.7 million.

HF Enterprises Inc. (NasdaqCM:HFEN) entered into a binding term sheet to acquire 84.6% stake in American Pacific Bancorp, Inc. from Chan Heng Fai for $28.7 million.

HF Enterprises Inc. announced delayed 10-Q filing

Third quarter 2020 earnings released: US$1.53 loss per share

Hf Enterprises Inc. Announces Executive Changes

CEO Compensation Analysis

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age