Alset International Completes Disposal of HWH International

MT Newswires11-25 10:51

Alset International (SGX:40V) has completed the sale of 6.5 million shares in HWH International, following shareholder approval obtained on Nov. 18, according to a Friday filing on the Singapore Exchange.

The transaction saw Alset acquire the shares for a total consideration of $4.1 million, through which a promissory note was received. The deal closed on Nov. 20, after all conditions precedent were met.

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