Sec Form 4 Filing - Chan Heng Fai Ambrose @ Alset EHome International Inc. - 2021-06-14

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Chan Heng Fai Ambrose 2. Issuer Name and Ticker or Trading Symbol Alset EHome International Inc. [ AEI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Executive Officer (Last) (First) (Middle) C/O ALSET EHOME INTERNATIONAL INC., 4800 MONTGOMERY LANE, SUITE 210 3. Date of Earliest Transaction (MM/DD/YY) 06/14/2021 (Street) BETHESDA, MD20814 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 06/14/2021 J( 1 ) 6,380,000 A $ 0 6,898,348 I Through HFE Holdings Limited ( 2 ) Common Stock 06/14/2021 J( 3 ) 2,132,000 A $ 0 9,030,348 D Common Stock 06/14/2021 C( 4 ) 2,770,531 A $ 5.59 ( 4 ) 11,800,879 D Common Stock 06/14/2021 C( 5 ) 5,152,186 A $ 5.59 ( 5 ) 16,953,065 D Common Stock 06/14/2021 C( 6 ) 31,179 A $ 5.59 ( 6 ) 16,984,244 D Common Stock 06/14/2021 C( 7 ) 1,210,070 A $ 5.59 ( 7 ) 18,194,314 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Series A Convertible Preferred Stock ( 1 ) ( 1 ) 06/14/2021 J( 1 ) 6,380 ( 1 ) ( 1 ) Common Stock 6,380,000 ( 1 ) 0 I Through HFE Holdings Limited ( 2 ) Series B Convertible Preferred Stock ( 3 ) ( 3 ) 06/14/2021 J( 1 ) 2,132 ( 3 ) ( 3 ) Common Stock 2,132,000 ( 3 ) 0 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Chan Heng Fai Ambrose C/O ALSET EHOME INTERNATIONAL INC. 4800 MONTGOMERY LANE, SUITE 210 BETHESDA, MD20814 X X Chief Executive Officer HFE Holdings Ltd C/O ALSET EHOME INTERNATIONAL INC. 4800 MONTGOMERY LANE, SUITE 210 BETHESDA, MD20814 X Signatures /s/ Chan Heng Fai 06/15/2021 Signature of Reporting Person Date /s/ HFE Holdings Limited, by Chan Heng Fai 06/15/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )6,380 shares of Series A Convertible Preferred Stock held by the reporting person automatically converted into 6,380,000 shares of common stock upon an increase in the authorized common stock of Alset EHome International Inc., pursuant to the terms of the Certificate of Designations, Preferences and Rights of the Series A Convertible Preferred Stock. ( 2 )These shares of common stock are owned directly by HFE Holdings Limited. Chan Heng Fai, the Chairman of the Board and Chief Executive Officer of Alset EHome International Inc., also indirectly beneficially owns all shares owned by HFE Holdings Limited. Mr. Chan has voting and investment power with respect to such shares. ( 3 )2,132 shares of Series B Convertible Preferred Stock held by the reporting person automatically converted into 2,132,000 shares of common stock upon an increase in the authorized common stock of Alset EHome International Inc., pursuant to the terms of the Certificate of Designations, Preferences and Rights of the Series B Convertible Preferred Stock. ( 4 )On June 14, 2021, the reporting person converted a note with an outstanding balance in the amount of $15,487,265 into 2,770,531 shares of the common stock of Alset EHome International Inc. at a conversion price of $5.59 per share. ( 5 )On June 14, 2021, the reporting person converted a note with an outstanding balance in the amount of $28,800,721 into 5,152,186 shares of the common stock of Alset EHome International Inc. at a conversion price of $5.59 per share. ( 6 )On June 14, 2021, the reporting person converted a note with an outstanding balance in the amount of $174,288 into 31,179 shares of the common stock of Alset EHome International Inc. at a conversion price of $5.59 per share. ( 7 )On June 14, 2021, the reporting person converted a note with an outstanding balance in the amount of $6,764,291 into 1,210,070 shares of the common stock of Alset EHome International Inc. at a conversion price of $5.59 per share.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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