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Alset International (SeD) The new beginning
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tec96157
Senior |
01-Jan-2021 11:52
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By doing this exercise, what will happen to the share price on next week? Up or down ?? 🤣 🤣 | ||||
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OngBak
Veteran |
01-Jan-2021 10:44
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Thank you 😊
Same same to you too
Have a huat huat year & stay safe
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Eatall
Veteran |
01-Jan-2021 10:27
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Happy New year boss...
Big huat to u
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Eatall
Veteran |
01-Jan-2021 08:52
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Chan mali chan hoi hoi
https://youtu.be/3EOCOlOHevA Huat ah |
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Eatall
Veteran |
01-Jan-2021 08:50
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Huat to all
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SINGKg
Senior |
01-Jan-2021 08:30
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Happy new year to all bros and sis vested... hope chan mali chan reveal all his good news too and soar to new heights.. huat ah...🍍 🍍 🍍 | ||||
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OngBak
Veteran |
01-Jan-2021 08:14
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The Board of Directors (the ?Board?) of Alset International Limited (the ?Company?) wishes to announce that the number of ordinary shares in the capital of the Company (?Shares?) has increased from 1,549,909,946 to 1,769,909,946 Shares, following the allotment and issue of 220,000,000 new ordinary shares in the capital of the Company (the ?New Shares?) at an exercise price of S$0.04 for each New Share on 30 December 2020 pursuant to the exercise of 220,000,000 unlisted warrants issued on 21 October 2016 (the ?2016 Warrants?). The 220,000,000 New Shares shall rank pari passu in all respects with the existing Shares, except that they will not rank for any dividends, rights, allotments or other distributions the record date for which falls before the date of allotment and issue of the New Shares (i.e. 30 December 2020). The 220,000,000 New Shares are expected to be listed and quoted on the Catalist Board of the SGX-ST on 4 January 2021 and trading of the 220,000,000 New Shares is expected to commence from 9.00 a.m. on the same date. Following the exercise of 220,000,000 2016 Warrants into 220,000,000 New Shares, there are 164,111,206 2016 Warrants outstanding as at 30 December 2020. By Order of the Board Alset International Limited Chan Heng Fai Executive Chairman, Executive Director and Chief Executive Officer 31 December 2020 | ||||
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Eatall
Veteran |
01-Jan-2021 07:16
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Wish everyone here, Happy new year 2021
And fruitful 2021 Huat ah.... |
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Eatall
Veteran |
01-Jan-2021 00:07
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Happy new year boss
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SINGKg
Senior |
01-Jan-2021 00:01
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Welcome..  HFEN big bets.. ipo not long ago already allocated funds to buy 220mil shares of Alset (sgd 8.8mil) park in HFEN.. if Alset Chui... HFEN Chui... they confident lei.. used up about 57% (8.8mil sgd of their est 15.39mil sgd or 11.4mil usd) of ipo funds for acquisition to buy Alset... happy new year :)
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luckyfa
Elite |
31-Dec-2020 23:59
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Happy new year to you and all here.... Hope 2021, 'yi pao san xiang'... Hust arh🎰 🎰 🎰
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Eatall
Veteran |
31-Dec-2020 23:56
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Happy new year...
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luckyfa
Elite |
31-Dec-2020 23:43
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Hfen, dss $6+.....?........... Maybe Alset also can be $6+ or $0.60+....😁
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Eatall
Veteran |
31-Dec-2020 23:29
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Not sure... Hfen up $0.70 as of now
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Eatall
Veteran |
31-Dec-2020 23:28
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Thanks singkg | ||||
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buhboom
Member |
31-Dec-2020 23:25
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Good news?? | ||||
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SINGKg
Senior |
31-Dec-2020 22:41
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HFEN filed 8-K with SEC in regards to the exercised warrants to increase position from 51% to 57%.
This time the way they exercise the warrant abit different from last time. Last time they pump high high then flush down the toilet bowl then chu pattern.. now they chu pattern first but havent flush the toilet bowl. I wonder why? Link: https://www.sec.gov/Archives/edgar/data/1750106/000165495420014066/hfen_8k.htm On December 30, 2020, HF Enterprises Inc. (the ?Company?) exercised warrants held by the Company to purchase 220,000,000 shares of Alset International Limited at an exercise price of S$.04 per share (the ?Warrant Exercise?). The total consideration paid for this exercise was S$8,800,000 (Singapore Dollars), equal to approximately U.S. $6,643,727 as of December 30, 2020. Prior to this Warrant Exercise, the Company owned approximately 51.0% of Alset International Limited. Following the Warrant Exercise, the Company now owns approximately 57.1% of Alset International Limited. Mr. Chan Heng Fai is both Chairman of the Board and the Chief Executive Officer of the Company and the Chairman and Chief Executive Officer of its subsidiary Alset International Limited, as well as a significant shareholder of both the Company and Alset International Limited. Following the Warrant Exercise, Mr. Chan owns 183,989,200 shares of Alset International Limited (both directly and through an entity) this represents approximately 10.4% of the outstanding shares of Alset International Limited. In addition, Mr. Chan holds warrants to purchase 1,576,925,000 shares of Alset International Limited and options to purchase 1,061,333 shares. Document Security Systems, Inc., a company that the Company has a significant ownership position in, also owns 127,179,311 shares of Alset International Limited following the Warrant Exercise, this represents approximately 7.2% of the outstanding shares of Alset International Limited. Accordingly, Mr. Chan recused himself from any deliberation or vote regarding any potential exercise of warrants to purchase shares of Alset International Limited. The Audit Committee of the Company?s Board of Directors reviewed, approved and determined that it is advisable and in the best interests of the Company to complete the Warrant Exercise as described above.
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Eatall
Veteran |
31-Dec-2020 19:33
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How I know, I just joking nia...
Must seek expert advice on this la.
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gokwok
Senior |
31-Dec-2020 18:34
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After the dilution, it means the floating shares now increased also right? This means that it' s easier for Chan or BBs to push it right? haha 
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Eatall
Veteran |
31-Dec-2020 18:29
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Maybe ah chan push to 8 leh... Hahaha
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