Alset EHome appoints Chan Tung Moe as Co-CEO; $10K/month salary plus $60K signing bonus

Alset Inc.

Chan Tung Moe appointed Co-CEO effective July 1, 2021; he is son of CEO/Chairman Chan Heng Fai.
Base salary of $10,000 per month; signing bonus of $60,000; term through June 30, 2024.
Employment agreement includes nondisclosure, indemnification, and 3-month severance for termination without cause.
Chan Tung Moe also serves as Co-CEO at SGX-listed Alset International and LiquidValue Development Inc.

item 1.01 item 5.02 item 9.01

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Appointed

Chan Tung Moe

Co-Chief Executive Officer

AEI · Alset Inc.

Effective: 2021-07-01
Filed: July 6, 2021, 7:59 PM ET

Effective as of July 1, 2021, the Board of Directors of the Company has appointed Chan Tung Moe as the Co-Chief Executive Officer of the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Chan Tung Moe was appointed as Co-Chief Executive Officer at Alset Inc..

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

Effective as of July 1, 2021, the Board of Directors of the Company has appointed Chan Tung Moe as the Co-Chief Executive Officer of the Company.

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Alset Inc. filing history →

Source: SEC EDGAR

accession 0001493152-21-016223

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