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HOT HOT PENNY
(Total Views: 201)
Posted On: 04/28/2022 8:40:39 PM
Post# of 27084
Posted By: etrader1
$AEI owns 77% equity interest of Alset International Limited
$AEI also owns 45% equity interest of Alset Capital
Alset International Limited owns 45% equity interest of Alset Capital
See Corporate Structure below

From 10K
https://www.otcmarkets.com/filing/conv_pdf?id...qNc5dYGV3h
page 1
"Alset Capital is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses and is listed on the Nasdaq (Nasdaq: ACAXU, ACAX, ACAXW and ACAXR)."

Details here ($86 Millions)
https://finance.yahoo.com/news/alset-capital-...00223.html

Current Prices
ACAXU $10.08
ACAX $9.93
ACAXW $.14
ACAXR $.12

Compare that with $AEI current price $.42

qnwjjAEI_corporate_structurew_circles.png

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