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HWH International Shares Jump 138% After-Hours as Majority Owner Alset Raises Stake to 80.5%

HWH International Inc. shares jumped 138.36% to $2.92 in after-hours trading on Tuesday after Alset Inc. disclosed a $500,000 purchase of newly issued shares.

Benzinga
1 source·Jun 10, 4:02 AM·1m read
HWH International Shares Jump 138% After-Hours as Majority Owner Alset Raises Stake to 80.5%prnewswire.com
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HWH International Inc. 92 in after-hours trading on Tuesday. The move followed a pair of Securities and Exchange Commission filings that disclosed insider buying and an increase in the majority shareholder’s stake.

00 each on Monday, injecting $500,000 directly into the company, according to a Tuesday SEC filing. 8%. , separately disclosed his purchase via another SEC filing on Tuesday.

The filing showed Chan Heng Fai’s beneficial ownership across direct and subsidiary holdings totals 5,261,719 shares of HWH International. Both SEC filings were submitted on Tuesday and covered share purchases completed the previous day.

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