<a href="https://laohu8.com/S/40V.SI">Alset</a> Inc. Approves Acquisition of New Energy Asia Pacific Inc. Following Shareholder Consent
Alset Inc., a Texas-based corporation, has announced the approval of its acquisition of New Energy Asia Pacific Inc. (NEAPI). The transaction was approved by written consent from Chan Heng Fai, who holds a majority of the company's outstanding common stock. The acquisition is part of a stock purchase agreement dated May 22, 2025. This move represents a strategic expansion for Alset Inc. into the energy sector. The company has issued an information statement to inform shareholders of the details and implications of the acquisition.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alset Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-014309), on June 09, 2025, and is solely responsible for the information contained therein.
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