SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

SCHEDULE OF SUBSIDIARIES

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

		Attributable interest
	State or other jurisdiction of	as of,
Name of subsidiary consolidated under AEI	incorporation or organization	December 31, 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		100			76.8
Singapore eChainLogistic Pte. Ltd.	Singapore		100			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
Hapi Metaverse Inc. (f.k.a. GigWorld Inc.)	United States of America		99.7			76.8

HotApp BlockChain Pte. Ltd.	Singapore	99.7	76.6
HotApp International Limited	Hong Kong	99.7	76.6
HWH International, Inc.	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	99.7	76.6
HWH World Inc.	United States of America	99.7	76.6
HWH World Pte. Ltd.	Singapore	85.4	76.6
UBeauty Limited	Hong Kong	85.4	76.8
WeBeauty Korea Inc	South Korea	85.4	76.8
HWH World Limited	Hong Kong	85.4	76.8
HWH World Inc.	South Korea	85.4	76.8
Alset BioHealth Pte. Ltd.	Singapore	-	76.8
Alset Energy Pte. Ltd.	Singapore	-	76.8
GDC REIT Inc. (f.k.a. Alset Payment 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	100	76.8
Open Rental Inc.	United States of America	100	76.8
Hapi Cafe Inc. (Nevada)	United States of America	100	76.8
Global Solar REIT Inc.	United States of America	100	76.8
OpenBiz Inc.	United States of America	100	76.8
Hapi Cafe Inc. (Texas)	United States of America	85.4	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
Alset EPower Inc.	United States of America	100	100
EPowerTech 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	*
Smart Reward Express Limited	Hong Kong	49.8	*	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.	South Korea	85.4		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	93.4		79.6
Alset Capital Acquisition Corp.	United States of America	23.4		79.6
Alset Spac Group Inc.	United States of America	93.4		-
Hapi Travel Pte. Ltd.	Singapore	85.4		-
Hapi WealthBuilder Pte. Ltd.	Singapore	85.4		-
Alset Mining 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		-
Alset Reits Inc.	United States of America	100		-
Alset Home REIT Inc.	United States of America	100		-
Hapi Metaverse Inc.	United States of America	99.7		-
Hapi Cafe Limited	Hong Kong	99.7		-
MOC HK Limited	Hong Kong	99.7		-
AHR Texas Four, LLC	United States of America	100		-
Alset F&B (PLQ) 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.

SCHEDULE OF UNAUDITED FINANCIAL INFORMATION

The following table presents summarized unaudited financial information for APB.

	Summarized Financial Information
	Assets		Liabilities		Net Income (Loss)
December 31, 2022		54,835,272		316,826		2,245,532
December 31, 2021		29,448,425		371,564		(536,481	)