Alset EHome International Inc.: Alset EHome International Subsidiary GigWorld Inc. Purchases 18% Interest in Value Exchange International, Inc. (VEII)
AEI) (the "
Company"), a diversified holding company principally engaged through its subsidiaries in EHome development and digital transformation technology, today announced that its subsidiary GigWorld Inc. has entered into a Securities Purchase Agreement to purchase an 18% ownership interest in Value Exchange International, Inc. (VEII) ("
Value Exchange").
Value Exchange is a U.S. public holding company headquartered in Hong Kong, with offices in Shenzhen, Guangzhou, Shanghai, and Beijing China, Manila in the Philippines and Kuala Lumpur, Indonesia. Through its subsidiaries, Value Exchange provides Mobile Payment Gateway (QR code purchase at POS) customer-centric solutions for the retail industry in Asia. By integrating market-leading Point-of-Sale/Point-of-Interaction (POS/POI), Merchandising, CRM & Reward, Locational Based (GPS & Indoor Positioning System (IPS)) Marketing, Customer Analytics, and Business Intelligence solutions.