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HWH leadership change — Chan to step down; Liu Ming Hui named Executive Chairman, Dr. Liu Ming Xing named CEO
HWH International (HWH) announced that Chairman & CEO Chan Heng Fai will step down from both roles effective Sept. 1, 2026, remaining on the board as a director. He will be succeeded by Liu Ming Hui as Executive Chairman and Dr. Liu Ming Xing as CEO; the incoming leadership pair bring deep China Gas leadership and policy experience, including having scaled China Gas Holdings into a major cross-regional gas and clean-energy operator.
HWH: Buyer buys 20M shares + warrants for 160M shares, claims 94.8% and takes board control
EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 HWH INTERNATIONAL INC. filed SEC Form SCHEDULE 13D. Smart Dynamics Technology Ltd (owned by Liu Ming Hui) purchased 20,000,000 HWH common shares and warrants to buy 160,000,000 additional shares for $10,000,000 on August 10, 2026, reporting beneficial ownership equal to 180,000,000 shares (94.8% of the class, calculated on 29,726,400 outstanding shares). The purchase effected a change of control, the purchaser appointed three directors who joined the board on August 10, 2026, the Securities Purchase Agreement grants two-year anti-dilution protections to the purchaser, and the issuer must file a registration statement for the 20M shares and the 160M underlying shares within 60 days of closing.
Restricted stock grant vests immediately, one-year transfer restriction; company waives clawback
HWH filed SEC Form 8-K. The Grantee is the record owner with voting and dividend rights and standard tax-withholding options apply. The exhibit does not identify the grantee, the number of shares granted, or the exact grant date.
Alset (CEO Chan) buys 250,000 newly‐issued HWH shares at $2; Alset now owns 5.261M
HWH filed SEC Form 4. On June 8, 2026 Alset Inc. purchased 250,000 newly‐issued shares of HWH International Inc. at $2.00 per share under a Stock Purchase Agreement, increasing Alset's beneficial ownership to 5,261,719 shares. Chan Heng Fai Ambrose (HWH director, CEO and majority owner of Alset) may be deemed to beneficially own Alset's shares and personally holds 1,002,600 HWH shares.