SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2022

Accounting Policies [Abstract]

SCHEDULE OF SUBSIDIARIES

The Company’s condensed consolidated financial statements include the financial position, results of operations and cash flows of the following entities as of June 30, 2022 and December 31, 2021, as follows:

		Attributable interest as of,
Name of subsidiary consolidated under AEI	State or other jurisdiction of incorporation or organization	June 30, 2022			December 31, 2021
			%			%
Alset Global Pte. Ltd.	Singapore		100			100
Alset Business Development Pte. Ltd.	Singapore		100			100
Global eHealth Limited	Hong Kong		100			100
Alset International Limited	Singapore		85.4			76.8
Singapore Construction & Development Pte. Ltd.	Singapore		85.4			76.8
Art eStudio Pte. Ltd.	Singapore		43.6	*		39.2	*
Singapore Construction Pte. Ltd.	Singapore		85.4			76.8
Global BioMedical Pte. Ltd.	Singapore		85.4			76.8
Alset Innovation Pte. Ltd.	Singapore		85.4			76.8
Health Wealth Happiness Pte. Ltd.	Singapore		85.4			76.8
SeD Capital Pte. Ltd.	Singapore		85.4			76.8
LiquidValue Asset Management Pte. Ltd.	Singapore		85.4			76.8
Alset Solar Limited	Hong Kong		85.4			76.8
Alset F&B One Pte. Ltd	Singapore		76.9			69.2
Global TechFund of Fund Pte. Ltd.	Singapore		85.4			76.8
Singapore eChainLogistic Pte. Ltd.	Singapore		85.4			76.8
BMI Capital Partners International Limited.	Hong Kong		85.4			76.8
SeD Perth Pty. Ltd.	Australia		85.4			76.8
SeD Intelligent Home Inc.	United States of America		85.4			76.8
LiquidValue Development Inc.	United States of America		85.4			76.8
Alset EHome Inc.	United States of America		85.4			76.8
SeD USA, LLC	United States of America		85.4			76.8
150 Black Oak GP, Inc.	United States of America		85.4			76.8
SeD Development USA Inc.	United States of America		85.4			76.8
150 CCM Black Oak, Ltd.	United States of America		85.4			76.8
SeD Texas Home, LLC	United States of America		85.4			76.8
SeD Ballenger, LLC	United States of America		85.4			76.8
SeD Maryland Development, LLC	United States of America		71.4			64.2
SeD Development Management, LLC	United States of America		72.6			65.3
SeD Builder, LLC	United States of America		85.4			76.8
GigWorld Inc.	United States of America		85.2			76.6
HotApp BlockChain Pte. Ltd.	Singapore		85.2			76.6
HotApp International Limited	Hong Kong		85.2			76.6
HWH International, Inc. (Delaware)	United States of America		85.4			76.8
Health Wealth & Happiness Inc.	United States of America		85.4			76.8
HWH Multi-Strategy Investment, Inc.	United States of America		85.4			76.8

SeD REIT Inc.	United States of America	85.4		76.8
Gig Stablecoin Inc.	United States of America	85.2		76.6
HWH World Inc. (Delaware)	United States of America	85.2		76.6
HWH World Pte. Ltd.	Singapore	85.4		76.6
UBeauty Limited	Hong Kong	85.4		76.8
WeBeauty Korea Inc	Korea	85.4		76.8
HWH World Limited	Hong Kong	85.4		76.8
HWH World Inc.	Korea	85.4		76.8
Alset BioHealth Pte. Ltd.	Singapore	-		76.8
Alset Energy Pte. Ltd.	Singapore	-		76.8
Alset Payment Inc. (now known as GDC REIT Inc.)	United States of America	85.4		76.8
Alset World Pte. Ltd.	Singapore	-		76.8
BioHealth Water Inc.	United States of America	85.4		76.8
Impact BioHealth Pte. Ltd.	Singapore	85.4		76.8
American Home REIT Inc.	United States of America	85.4		76.8
Alset Solar Inc.	United States of America	68.3		61.5
HWH KOR Inc.	United States of America	85.4		76.8
Open House Inc.	United States of America	85.4		76.8
Open Rental Inc.	United States of America	85.4		76.8
Hapi Cafe Inc. (Nevada)	United States of America	85.4		76.8
Global Solar REIT Inc.	United States of America	85.4		76.8
OpenBiz Inc.	United States of America	85.4		76.8
Hapi Cafe Inc. (Texas)	United States of America	85.6		100
HWH (S) Pte. Ltd.	Singapore	85.4		76.8
True Partner International Limited	Hong Kong	-		100
LiquidValue Development Pte. Ltd.	Singapore	100		100
LiquidValue Development Limited	Hong Kong	100		100
EPowerTech Inc.	United States of America	100		100
Alset EPower Inc.	United States of America	100		100
AHR Asset Management Inc.	United States of America	85.4		76.8
HWH World Inc. (Nevada)	United States of America	85.4		76.8
Alset F&B Holdings Pte. Ltd.	Singapore	85.4		76.8
Credas Capital Pte. Ltd.	Singapore	42.7	*	38.4	*
Credas Capital GmbH	Switzerland	42.7	*	38.4	*
Smart Reward Express Limited	Hong Kong	42.6	*	38.3	*
Partners HWH Pte. Ltd.	Singapore	-		76.8
AHR Texas Two LLC	United States of America	85.4		76.8
AHR Black Oak One LLC	United States of America	85.4		76.8
Hapi Air Inc.	United States of America	92.7		88.4
AHR Texas Three, LLC	United States of America	85.4		76.8
Alset Capital Pte. Ltd.	Singapore	100		100
Hapi Cafe Korea, Inc.	Korea	85.6		100
Green Energy Inc.	United States of America	100		100
Green Energy Management Inc.	United States of America	100		100
Alset Metaverse Inc.	United States of America	97.2		95.6
Alset Management Group Inc.	United States of America	83.4		88.2
Alset Acquisition Sponsor, LLC	United States of America	83.4		79.6
Alset Capital Acquisition Corp.	United States of America	23.4		79.6
Alset Spac Group Inc.	United States of America	83.4		79.6
Alset Mining Pte. Ltd.	Singapore	85.4		-
Alset Inc.	United States of America	100		-
Hapi Travel Pte. Ltd.	Singapore	85.4		-
Hapi WealthBuilder Pte. Ltd.	Singapore	85.4		-
HWH Marketplace Pte. Ltd.	Singapore	85.4		-
HWH International Inc. (Nevada)	United States of America	85.4		-
Hapi Cafe SG Pte. Ltd.	Singapore	85.4		-

* Although the Company indirectly holds percentage of shares of these entities less than 50%, the subsidiaries of the Company directly hold more than 50% of shares of these entities, and therefore, they are still consolidated into the Company.