$AEI build an empire subsidiary https://www.otcma

$AEI build an empire subsidiary
https://www.otcmarkets.com/filing/conv_pdf?id...pVp4tRSJth
Pages F-5 and 6
"The Company’s condensed consolidated financial statements include the financial position, results of operations and cash flows of the following entities as of March 31, 2022 and December 31, 2021, as follows:"

Name of subsidiary consolidated under AEI, Location, % Interest March 2022, % Interest December 2021
Alset Global Pte. Ltd. Singapore 100 100
Alset Business Development Pte. Ltd. Singapore 100 100
Global eHealth Limited Hong Kong 100 100
Alset International Limited Singapore 77.0 76.8
Singapore Construction & Development Pte. Ltd. Singapore 77.0 76.8
Art eStudio Pte. Ltd. Singapore 39.3 * 39.2 *
Singapore Construction Pte. Ltd. Singapore 77.0 76.8
Global BioMedical Pte. Ltd. Singapore 77.0 76.8
Alset Innovation Pte. Ltd. Singapore 77.0 76.8
Health Wealth Happiness Pte. Ltd. Singapore 77.0 76.8
SeD Capital Pte. Ltd. Singapore 77.0 76.8
LiquidValue Asset Management Pte. Ltd. Singapore 77.0 76.8
Alset Solar Limited Hong Kong 77.0 76.8
Alset F&B One Pte. Ltd Singapore 69.3 69.2
Global TechFund of Fund Pte. Ltd. Singapore 77.0 76.8
Singapore eChainLogistic Pte. Ltd. Singapore 77.0 76.8
BMI Capital Partners International Limited. Hong Kong 77.0 76.8
SeD Perth Pty. Ltd. Australia 77.0 76.8
SeD Intelligent Home Inc. United States of America 77.0 76.8
LiquidValue Development Inc. United States of America 77.0 76.8
Alset EHome Inc. United States of America 77.0 76.8
SeD USA, LLC United States of America 77.0 76.8
150 Black Oak GP, Inc. United States of America 77.0 76.8
SeD Development USA Inc. United States of America 77.0 76.8
150 CCM Black Oak, Ltd. United States of America 77.0 76.8
SeD Texas Home, LLC United States of America 77.0 76.8
SeD Ballenger, LLC United States of America 77.0 76.8
SeD Maryland Development, LLC United States of America 64.3 64.2
SeD Development Management, LLC United States of America 65.5 65.3
SeD Builder, LLC United States of America 77.0 76.8
GigWorld Inc. United States of America 76.8 76.6
HotApp BlockChain Pte. Ltd. Singapore 76.8 76.6
HotApp International Limited Hong Kong 76.8 76.6
HWH International, Inc. (Delaware) United States of America 77.0 76.8
Health Wealth & Happiness Inc. United States of America 77.0 76.8

HWH Multi-Strategy Investment, Inc. United States of America 77.0 76.8
SeD REIT Inc. United States of America 77.0 76.8
Gig Stablecoin Inc. United States of America 76.8 76.6
HWH World Inc. United States of America 76.8 76.6
HWH World Pte. Ltd. Singapore 76.8 76.6
UBeauty Limited Hong Kong 77.0 76.8
WeBeauty Korea Inc Korea 77.0 76.8
HWH World Limited Hong Kong 77.0 76.8
HWH World Inc. Korea 77.0 76.8
Alset BioHealth Pte. Ltd. Singapore 77.0 76.8
Alset Energy Pte. Ltd. Singapore 77.0 76.8
Alset Payment Inc. (now known as GDC REIT Inc.) United States of America 77.0 76.8
Alset World Pte. Ltd. Singapore 77.0 76.8
BioHealth Water Inc. United States of America 77.0 76.8
Impact BioHealth Pte. Ltd. Singapore 77.0 76.8
American Home REIT Inc. United States of America 77.0 76.8
Alset Solar Inc. United States of America 61.6 61.5
HWH KOR Inc. United States of America 77.0 76.8
Open House Inc. United States of America 77.0 76.8
Open Rental Inc. United States of America 77.0 76.8
Hapi Cafe Inc. (Nevada) United States of America 77.0 76.8
Global Solar REIT Inc. United States of America 77.0 76.8
OpenBiz Inc. United States of America 77.0 76.8
Hapi Cafe Inc. (Texas) United States of America 100 100
HWH (S) Pte. Ltd. Singapore 77.0 76.8
True Partner International Limited Hong Kong 100 100
LiquidValue Development Pte. Ltd. Singapore 100 100
LiquidValue Development Limited Hong Kong 100 100
EPowerTech Inc. United States of America 100 100
Alset EPower Inc. United States of America 100 100
AHR Asset Management Inc. United States of America 77.0 76.8
HWH World Inc. (Nevada) United States of America 77.0 76.8
Alset F&B Holdings Pte. Ltd. Singapore 77.0 76.8
Credas Capital Pte. Ltd. Singapore 38.5 * 38.4 *
Credas Capital GmbH Switzerland 38.5 * 38.4 *
Smart Reward Express Limited Hong Kong 38.4 * 38.3 *
Partners HWH Pte. Ltd. Singapore 77.0 76.8
AHR Texas Two LLC United States of America 77.0 76.8
AHR Black Oak One LLC United States of America 77.0 76.8
Hapi Air Inc. United States of America 88.5 88.4
AHR Texas Three, LLC United States of America 77.0 76.8
Alset Capital Pte. Ltd. Singapore 100 100
Hapi Cafe Korea, Inc. Korea 100 100
Green Energy Inc. United States of America 100 100
Green Energy Management Inc. United States of America 100 100
Alset Metaverse Inc. United States of America 95.6 95.6
Alset Management Group Inc. United States of America 79.7 88.2
Alset Acquisition Sponsor, LLC United States of America 79.7 79.6
Alset Capital Acquisition Corp. United States of America 23.4 79.6
Alset Spac Group Inc. United States of America 79.7 79.6
Alset Mining Pte. Ltd. Singapore 77.0 -
Alset Inc. United States of America 100 -
Hapi Travel Pte. Ltd. Singapore 77.0 -
Hapi WealthBuilder Pte. Ltd. Singapore 77.0