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Companies Alset Inc.

Alset (AEI): executive pay, fiscal 2025

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CEO total pay$3,836,817CEO Chan Heng Fai · source

CEO pay, last three years

  • $448,430FY2024
  • $3,836,817FY2025

CEO total pay was $3,836,817 in fiscal 2025, up from $448,430 in fiscal 2024.

FY2025: salary $466,817 · bonus $950,000 · stock awards $2,420,000

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Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Chan Heng Fai$466,817$950,000$2,420,000————$3,836,817
Chairman and Chief Executive Officer (1)
Chan Moe314,898950,000—————1,264,898
Director and Co-Chief Executive Officer (4)
Charles MacKenzie——————495,000495,000
Chief Development Officer (7)
Rongguo Wei247,356——————247,356
Co-Chief Financial Officer
Lui Wai Leung Alan188,607——————188,607
Co-Chief Financial Officer (6)

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Chan Heng Fai$3,836,817$448,430—↑ +3,388,387
Chan Moe1,264,898376,781289,561↑ +888,117
Charles MacKenzie495,000360,000400,000↑ +135,000
Rongguo Wei247,356232,073176,517↑ +15,283
Lui Wai Leung Alan188,607199,326154,426↓ −10,719

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The Compensation Committee designs and implements competitive compensation, retention, and severance policies to attract and retain key personnel. The Committee reviews all components of executive officers' and employees' compensation for consistency with the company's compensation philosophy and evaluates performance against goals and objectives to set compensation.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedgingfalse
Anti-pledgingfalse
Equity grants and outstanding awards

No plan-based awards are on file for this fiscal year.

No outstanding equity awards are on file for this fiscal year.

Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Lim Sheng Hon DannyEmployee director$244,425——$0$0$244,425
Wong Shui YeungIndependent · Audit · Nominations and Corporate Governance · Compensation53,341————53,341
Wong Tat KeungIndependent · Audit · Nominations and Corporate Governance · Compensation53,341————53,341
William WuIndependent · Audit · Nominations and Corporate Governance · Compensation30,000————30,000
Joanne Wong Hiu PanIndependent20,000————20,000
Chan Tung MoeEmployee director—————0
Chan Heng FaiEmployee director · Board Chair—————0

Board fee structure and ownership guideline

Annual cash retainer$20,000
Annual equity retainer—
Per board meeting fee$2,000
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guideline—

Total cost of the board

ComponentFY2025
Cash retainers and fees$401,107
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$401,107

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Alset as a peer

Companies that benchmark against AEI

No companies currently name AEI as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Alset Inc.2025Chan Heng Fai$466,817$2,420,000——$3,836,817

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-12-04—————
20242024-12-05—————
20232023-12-14—————
20222022-12-05—————
20212021-12-13—————

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20252025-12-04—a
20242024-12-05—b
20232023-12-14—c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (18 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Chan Heng Fai. 10-K, filed 2026-10-20. Section “Executive Compensation”. As printed: 3,836,817. View filing ↗
  • Section 01, Chan Moe. DEF 14A, filed 2026-10-20. Section “Executive Compensation”. As printed: 1,264,898. View filing ↗
  • Section 01, Charles MacKenzie. DEF 14A, filed 2026-10-20. Section “Executive Compensation”. As printed: 495,000. View filing ↗
  • Section 01, Rongguo Wei. DEF 14A, filed 2026-10-20. Section “Executive Compensation”. As printed: 247,356. View filing ↗
  • Section 01, Lui Wai Leung Alan. 10-K, filed 2026-10-20. Section “Executive Compensation”. As printed: 188,607. View filing ↗
  • Section 08, Lim Sheng Hon Danny. DEF 14A, filed 2026-10-20. Section “Director Compensation”. As printed: 244,425. View filing ↗
  • Section 08, Wong Shui Yeung. DEF 14A, filed 2026-10-20. Section “Director Compensation”. As printed: 53,341. View filing ↗
  • Section 08, Wong Tat Keung. DEF 14A, filed 2026-10-20. Section “Director Compensation”. As printed: 53,341. View filing ↗
  • Section 08, William Wu. DEF 14A, filed 2026-10-20. Section “Director Compensation”. As printed: 30,000. View filing ↗
  • Section 08, Joanne Wong Hiu Pan. DEF 14A, filed 2026-10-20. Section “Director Compensation”. As printed: 20,000. View filing ↗
  • Section 08, Chan Tung Moe. DEF 14A, filed 2026-10-20. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Chan Heng Fai. DEF 14A, filed 2026-10-20. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-12-04. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-12-05. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-12-15. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 401,107 + equity 0 + all other 0 = 401,107, summed across the director compensation table rows.
  • Alset Inc. (subject), Section 10b CEO total. 10-K, filed 2026-10-20. CEO total compensation as printed in Alset Inc.'s own proxy. As printed: 3,836,817. View filing ↗
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