Alset Inc. Completes Acquisition of New Energy Asia Pacific Inc

Reuters
07-24
<a href="https://laohu8.com/S/40V.SI">Alset</a> Inc. Completes Acquisition of New Energy Asia Pacific Inc

Alset Inc. has announced the completion of its acquisition of New Energy Asia Pacific Inc. (NEAPI) on July 23, 2025. This transaction was initially reported on May 22, 2025, and further detailed in a statement filed on July 1, 2025. NEAPI holds a 41.5% stake in New Energy Asia Pacific Company Limited, a Hong Kong-based company specializing in the distribution of all-electric special-purpose and transportation vehicles, as well as charging stations and batteries. Chan Heng Fai, Alset Inc.'s Chairman and CEO, and Mr. Lui Wai Leung Alan, Co-CFO, are members of the Board of Directors for New Energy.

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: 0001641172-25-020715), on July 23, 2025, and is solely responsible for the information contained therein.

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