Filing Details
- Accession Number:
- 0001654954-21-001627
- Form Type:
- 13G Filing
- Publication Date:
- 2021-02-12 17:07:50
- Filed By:
- Chan Heng Fai Ambrose
- Company:
- Alset Inc.
- Filing Date:
- 2021-02-12
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| Heng Fai Chan | 6,400,000 | 0 | 6,400,000 | 0 | 6,400,000 | 74.6% |
| HFE Holdings Limited | 6,400,000 | 0 | 6,400,000 | 0 | 6,400,000 | 74.6% |
Filing
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Amendment
No. )
Under
the Securities Exchange Act of 1934
|
ALSET EHOME INTERNATIONAL INC. |
| (Name
of Issuer) |
|
Common Stock, par value $0.001 per share |
| (Title
of Class of Securities) |
|
02116A 104 |
| (CUSIP
Number) |
|
November 23, 2020 |
| (Date
of Event which Requires Filing of this Statement) |
Check
the appropriate box to designate the rule pursuant to which this
Schedule is filed
☐
Rule
13d-1(b)
☐
Rule
13d-1(c)
☒
Rule
13d-1(d)
The
remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject
class of securities, and for any subsequent amendment containing
information which would alter the disclosures provided in a prior
cover page.
The
information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the
liabilities of that section of the Act but shall be subject to all
other provisions of the Act (however, see the Notes).
|
CUSIP No. 02116A 104 | |
|
1 | NAMES
OF REPORTING PERSON I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) |
|
Heng Fai Chan | |
|
2 | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions) |
| (a)
[ ] (b)
[ ] | |
|
3 | SEC USE
ONLY |
| | |
|
4 | CITIZENSHIP
OR PLACE OF ORGANIZATION |
|
Republic of Singapore |
| NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER: |
|
6,400,000 | ||
|
6 | SHARED
VOTING POWER: | |
| 0 | ||
|
7 | SOLE
DISPOSITIVE POWER: | |
|
6,400,000 | ||
|
8 | SHARED
DISPOSITIVE POWER: | |
| 0 |
|
9 | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| 6,400,000 | |
|
10 | CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
Instructions) |
|
n/a | |
|
11 | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
|
74.6%(1) | |
|
12 | TYPE OF
REPORTING PERSON (See Instructions) |
|
IN |
(1)
Based on 8,580,000 shares of the common stock of the Issuer issued
and outstanding as of the date hereof.
|
CUSIP No. 02116A 104 | |
|
1 | NAMES
OF REPORTING PERSON I.R.S.
IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
HFE Holdings Limited |
|
2 | CHECK
THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See
Instructions) |
| (a)
[ ] (b)
[ ] | |
|
3 | SEC USE
ONLY |
| | |
|
4 | CITIZENSHIP
OR PLACE OF ORGANIZATION |
|
Hong Kong |
| NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH |
5 | SOLE
VOTING POWER: |
|
6,400,000 | ||
|
6 | SHARED
VOTING POWER: | |
| 0 | ||
|
7 | SOLE
DISPOSITIVE POWER: | |
|
6,400,000 | ||
|
8 | SHARED
DISPOSITIVE POWER: | |
| 0 |
|
9 | AGGREGATE
AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
|
6,400,000 | |
|
10 | CHECK
BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (See
Instructions) |
|
n/a | |
|
11 | PERCENT
OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
|
74.6%(1) | |
|
12 | TYPE OF
REPORTING PERSON (See Instructions) |
|
CO |
(1)
Based on 8,580,000 shares of the common stock of the Issuer issued
and outstanding as of the date hereof.
|
ITEM 1: | |
| (a) Name
of Issuer: |
Alset EHome International Inc. |
| (b) Address
of Issuer’s Principal Executive Offices: |
4800 Montgomery Lane, Suite 210
Bethesda, Maryland 20814 |
| | |
|
ITEM 2: | |
| (a) Name
of Person Filing: |
This report is filed by Heng Fai Chan and HFE Holdings Limited with
respect to the shares of common stock, $0.001 par value per share,
of the Issuer that are directly owned by HFE Holdings Limited and
indirectly owned by Mr. Heng Fai Chan. |
| (b) Address
of Principal Business Office or, if none,
Residence: |
Heng Fai Chan: 7 Temasek Boulevard #29-01B, Suntec Tower One,
Singapore 038987
HFE Holdings Limited: 7th Floor, Skyway
Centre, 23 Queen’s Road West, Sheung Wan, Hong
Kong |
| (c) Citizenship: |
Heng Fai Chan: Republic of Singapore
HFE Holdings Limited: Hong Kong |
| (d) Title
of Class of Securities: |
Common Stock, par value $0.001 per share |
| (e) CUSIP
Number: |
02116A 104 |
ITEM 3: IF THIS STATEMENT IS FILED PURSUANT TO
§§240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE
PERSON FILING IS A:
(a)
☐
Broker or dealer
registered under section 15 of the Act (15 U.S.C.
78o);
(b)
☐
Bank as defined in
section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
☐
Insurance company
as defined in section 3(a)(19) of the Act (15 U.S.C.
78c);
(d)
☐
Investment company
registered under section 8 of the Investment Company Act of 1940
(15U.S.C 80a-8);
(e)
☐
An investment
adviser in accordance with
§240.13d-1(b)(1)(ii)(E);
(f)
☐
An employee benefit
plan or endowment fund in accordance with
§240.13d-1(b)(1)(ii)(F);
(g)
☐
A parent holding
company or control person in accordance with §
240.13d-1(b)(1)(ii)(G);
(h)
☐
A savings
associations as defined in Section 3(b) of the Federal Deposit
Insurance Act (12U.S.C. 1813);
(i)
☐
A church plan that
is excluded from the definition of an investment company under
section3(c)(14) of the Investment Company Act of 1940 (15 U.S.C.
80a-3);
(j)
☐
A non-U.S.
institution, in accordance with
§240.13d-1(b)(1)(ii)(J);
(k)
☐
Group, in
accordance with §240.13d-1(b)(1)(ii)(K).
If
filing as a non-U.S. institution in accordance with
§240.13d-1(b)(1)(ii)(J), please specify the type of
institution: ___________________________.
ITEM 4: OWNERSHIP.
| (a) Amount
beneficially owned: |
6,400,000 |
| (b) Percent
of class: |
74.6%(1) |
| (c) Number
of shares as to which the person has: | |
| (i) Sole power to vote
or to direct the vote. |
6,400,000 |
| (ii) Shared power to
vote or to direct the vote. |
0 |
| (iii) Sole power to
dispose or to direct the disposition of. |
6,400,000 |
| (iv) Shared power to
dispose or to direct the disposition of. |
0 |
(1)
Based on 8,580,000 shares of the common stock of the Issuer issued
and outstanding as of the date hereof.
ITEM 5: OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
If this
statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner
of more than five percent of the class of securities, check the
following [ ].
ITEM 6: OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.
Not
applicable.
ITEM 7: IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.
Not
applicable.
ITEM 8: IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE
GROUP.
Not
applicable.
ITEM 9: NOTICE OF DISSOLUTION OF GROUP.
Not
applicable.
ITEM 10: CERTIFICATIONS.
By
signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held
in the ordinary course of business and were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect, other
than activities solely in connection with a nomination under
§240.14a-11.
SIGNATURE
After
reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete and correct.
| Dated:
February 12, 2021 |
/s/ Heng Fai Chan | |
| | Name: | Heng
Fai Chan |
| | HFE
Holdings Limited | |
| | | |
| |
/s/ Heng Fai Chan | |
| | Name: | Heng
Fai Chan |
| | Title: | Director |
EXHIBITS
| Exhibit
No. | Description |
| | |
| Joint
Filing Agreement |