secwatch.observer — SEC 8-K summary
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Issuer:     Alset Inc. (AEI)
CIK:        0001750106
Form:       8-K
Filed at:   2022-12-05T23:59:59+00:00
Accession:  0001493152-22-034476
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Alset shareholders approve 1-for-20 reverse stock split at 2022 annual meeting
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- Proposal 3 passed with 102,873,012 votes for, 1,591,711 against, 21,023 abstain (7,535,926 broker non-votes).
- Seven director nominees elected; Chan Heng Fai, Wong Tat Keung, William Wu, Wong Shui Yeung, Lim Sheng Hon Danny, Joanne Wong Hiu Pan, and Chan Tung Moe each received >101M votes for.
- Ratification of Grassi & Co. as independent auditor for 2022 approved (111,806,608 for, 165,352 against, 49,712 abstain).
- Reverse stock split at 1-for-20 ratio approved; charter amendment to effect the split also passed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1750106/000149315222034476/0001493152-22-034476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1750106/000149315222034476/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-22-034476

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer