SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • May 22nd, 2024 • Alset Inc. • Real estate • New York
This SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made as of May 21, 2024 by and between Alset Inc., a Texas corporation (referred to herein as “AEI” or the “Buyer”), and Chan Heng Fai, an individual with an address listed on Section 4.1 hereto who currently serves as AEI’s Chairman of the Board and Chief Executive officer, and Heng Fai Holdings Limited (“Heng Fai Holdings”), a company wholly owned by Chan Heng Fai (Chan Heng Fai and Heng Fai Holdings Limited are referred to collectively herein as the “Seller”).
