---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-012086"
form_type: "8-K"
ticker: "AEI"
cik: "0001750106"
company_name: "Alset Inc."
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:51:06.378992+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Alset eHome director resigns; CEO repays $1.185M in overpaid NAV bonus

## Summary
- Ang Hay Kim Aileen resigned from board on April 29, 2022, for personal reasons; no disagreement with company.
- CEO Chan Heng Fai's NAV bonus true-up: actual $3,614,748.55 vs prior estimate of $4,800,000.
- CEO repaid $1,185,251.45 overpayment to the company on April 29, 2022.
- CEO's base salary remains $1/month; bonus tied to 5% of market cap growth and 5% of NAV growth.

## SEC filing metadata
- accession: 0001493152-22-012086
- form_type: 8-K
- ticker: AEI
- cik: 0001750106
- company_name: Alset Inc.
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1750106/000149315222012086/0001493152-22-012086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1750106/000149315222012086/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-012086
- JSON: https://secwatch.observer/filing/0001493152-22-012086.json
- Plain text: https://secwatch.observer/filing/0001493152-22-012086.txt

## Key facts
- Executive change
  Ang Hay Kim Aileen resigned as member of the Board of Directors at Alset Inc..
  - Action: resigned
  - Role: member of the Board of Directors
  source text: On April 29, 2022, Ang Hay Kim Aileen resigned as a member of the Board of Directors of Alset EHome International Inc. (the “Company”) due to personal reasons.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1750106/000149315222012086/0001493152-22-012086-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.