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Alset EHome International ( (AEI) ) has issued an update.
On May 8, 2025, Alset Inc. amended its agreement to acquire New Energy Asia Pacific Inc. (NEAPI) from Chan Heng Fai, reducing the purchase price to $83 million in a convertible promissory note. This strategic acquisition aligns with Alset’s commitment to sustainable solutions, subject to stockholder approval and other conditions.
More about Alset EHome International
Alset EHome International operates in the sustainable energy sector, focusing on distributing all-electric versions of special-purpose and transportation vehicles, charging stations, and batteries. The company is committed to advancing eco-friendly solutions for the future.
Average Trading Volume: 50,795
Technical Sentiment Signal: Sell
Current Market Cap: $10.31M
See more insights into AEI stock on TipRanks’ Stock Analysis page.