leadership
confidence high
sentiment neutral
materiality 0.30
Alset Inc. (AEI) completes name change, reincorporation to Texas, and expands board with three new directors
Alset Inc.
- Name changed to Alset Inc. effective Oct 4, 2022; reincorporation from Delaware to Texas completed.
- Ticker AEI remains on Nasdaq; new CUSIP 02115D 109 for common stock.
- Three new board members appointed: Chan Tung Moe (Co-CEO), Danny Lim Sheng Hon (SVP from subsidiary), Joanne Wong Hiu Pan (independent director).
- No material impact on management, employees, customers; headquarters stays in Maryland.