Alset Inc. current report, 13 December 2021

Business Context and Reporting Period

Alset EHome International Inc. filed a Form 8-K reporting matters voted on at its 2021 Annual Meeting of Stockholders held on December 13, 2021. The company’s common stock trades on Nasdaq under the symbol AEI. The filing does not provide operating or financial results for a reporting period.

Key Financial Metrics and Capitalization

The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, or other operating financial metrics. As of the October 18, 2021 record date, 45,721,779 shares of common stock were issued and outstanding and entitled to vote.

A total of 25,220,253 shares were represented at the meeting, constituting a quorum.

Material Changes Versus Prior Comparable Period

The filing does not report financial or operational changes versus a prior comparable period.

Five director nominees were elected to serve until the next annual meeting or until their successors are elected and qualified. Stockholders also ratified Briggs & Veselka Co. as the independent registered public accounting firm for the year ending December 31, 2021.

Guidance, Outlook, Risks, and Unusual Items

The filing provides no guidance, outlook, management commentary, risk-factor updates, contingencies, or unusual financial items. Its disclosures are limited to annual meeting voting results.

Voting Results

ProposalForAgainst or WithheldAbstainBroker Non-Votes
Election of Chan Heng Fai20,654,74192,444 withheldNot separately stated4,473,068
Election of Ang Hay Kim Aileen20,621,439125,746 withheldNot separately stated4,473,068
Election of Wong Tat Keung20,610,177137,008 withheldNot separately stated4,473,068
Election of William Wu20,616,882130,303 withheldNot separately stated4,473,068
Election of Wong Shui Yeung20,655,89791,288 withheldNot separately stated4,473,068
Auditor ratification25,169,46336,21114,579Not applicable

Facts Investors Should Verify

  • Confirm the subsequent board composition and any changes in director roles or committee assignments.
  • Review the company’s later annual and quarterly filings for financial performance, liquidity, debt, and going-concern disclosures, which are not included in this 8-K.
  • Verify the status of Briggs & Veselka Co. as auditor and review any subsequent auditor changes or qualification language.
  • Confirm whether the company’s name, corporate structure, or principal business changed after this filing.