Insider Buying: Alset Inc. (NASDAQ:AEI) Director Buys 205,149 Shares of Stock

Alset Inc. (NASDAQ:AEI - Get Free Report) Director Heng Fai Ambrose Chan bought 205,149 shares of the firm's stock in a transaction dated Tuesday, December 10th. The shares were acquired at an average price of $0.97 per share, with a total value of $198,994.53. Following the completion of the transaction, the director now owns 1,184,475 shares of the company's stock, valued at approximately $1,148,940.75. The trade was a 20.95 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Monday, November 25th, Heng Fai Ambrose Chan acquired 4,411,764 shares of Alset stock. The shares were purchased at an average price of $0.68 per share, for a total transaction of $2,999,999.52.
• On Tuesday, September 24th, Heng Fai Ambrose Chan purchased 6,034,537 shares of Alset stock. The shares were purchased at an average cost of $0.63 per share, for a total transaction of $3,801,758.31.

Alset Stock Down 3.6 %

NASDAQ:AEI opened at $1.08 on Friday. Alset Inc. has a 1-year low of $0.46 and a 1-year high of $2.05. The company has a 50-day moving average of $1.37 and a 200 day moving average of $1.24.

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.

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