other material
confidence high
sentiment neutral
materiality 0.40
Alset EHome enters consulting agreement with CDO Charles MacKenzie; monthly fee $25,000 plus bonuses
Alset Inc.
- Effective June 23, 2022, subsidiary SeD Development Management LLC engaged Charles MacKenzie under consulting agreement; monthly fee $25,000.
- Mr. MacKenzie to receive a $50,000 bonus on June 30, 2022.
- Additional $50,000 bonus upon successful financing of 100 homes owned by American Housing REIT Inc. with an unaffiliated entity.
- Further $50,000 bonus upon successful leasing of 30 homes in the Alset of Black Oak development.