UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Appointment of Chief Operating Officer
Effective as of February 15, 2022, the Board of Directors of Alset EHome International Inc. (the “Company”) has appointed Anthony S. Chan as the Chief Operating Officer of the Company.
Mr. Chan, 57, is a certified public accountant registered with the State of New York. Mr. Chan has served since November of 2021 as Chief Financial Officer of Sharing Services Global Corporation (OTC:SHRG). Mr. Chan has served since 2014 as President and Co-founder of CA Global Consulting Inc. and, since 2020, as Director of Assurance and Advisory Services of Wei, Wei & Co., LLP, a PCAOB-registered public accounting firm in New York. Prior to that, Mr. Chan served as Chief Financial Officer of several public companies, including SPI Energy Company, Ltd. (NASDAQ:SPI), Helo Corp. (OTC:HLOC) and Sino-Global Shipping America, Ltd.
Mr. Chan has served as a consultant to the Company since April of 2021. Mr. Chan will continue to be compensated pursuant to the terms of a consulting agreement entered into between the Company and CA Global Consulting Inc., pursuant to which the Company pays his Mr. Chan’s company $12,000 per month.
There are no family relationships between Anthony S. Chan and any director or executive officer of the Company.
Compensation for Independent Members of the Board of Directors
On February 16, 2022, our Board of Directors set the annual cash compensation for the independent members of our Board of Directors. In addition to their current compensation of $1,000 per month, independent members of the Board of Directors will also be paid an additional payment of $2,000 for each Board or Board Committee meeting that such independent member shall attend during the fiscal year ending December 31, 2022.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
| ALSET EHOME INTERNATIONAL INC. | ||
| Dated: February 17, 2022 | By: | /s/ Rongguo Wei |
| Name: | Rongguo Wei | |
| Title: | Co-Chief Financial Officer | |