Filing Details

Accession Number:
0001493152-22-028936
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-10-19 21:55:25
Reporting Period:
2022-10-17
Accepted Time:
2022-10-19 21:55:25
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1417664 Value Exchange International Inc. VEII () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1261725 Ambrose Fai Heng Chan 7 Temasek Boulevard #29-01B
Suntec Tower One
Singapore U0 038987
Yes No Yes No
1600347 Gigworld Inc. 4800 Montgomery Lane
Suite 210
Bethesda MD 20814
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2022-10-17 20,000 $0.17 7,351,163 No 4 S Direct
Common Stock Disposition 2022-10-17 25,000 $0.20 7,326,163 No 4 S Direct
Common Stock Disposition 2022-10-17 10,000 $0.23 7,316,163 No 4 S Direct
Common Stock Disposition 2022-10-17 7,221,163 $0.24 95,000 No 4 S Direct
Common Stock Acquisiton 2022-10-17 20,000 $0.17 6,520,000 No 4 P Indirect See footnote
Common Stock Acquisiton 2022-10-17 25,000 $0.20 6,545,000 No 4 P Indirect See footnote
Common Stock Acquisiton 2022-10-17 10,000 $0.23 6,555,000 No 4 P Indirect See footnote
Common Stock Acquisiton 2022-10-17 7,221,163 $0.24 13,776,163 No 4 P Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 P Indirect See footnote
No 4 P Indirect See footnote
No 4 P Indirect See footnote
No 4 P Indirect See footnote
Footnotes
  1. Represents 20,000 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.1663 per share for total consideration of $3,326.
  2. Represents 25,000 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.2006 per share for total consideration of $5,015.
  3. Represents 10,000 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.2314 per share for total consideration of $2,314.
  4. Represents 7,221,163 shares of the Issuer's common stock sold by the Reporting Person to GigWorld Inc., a Delaware corporation, pursuant to a Stock Purchase Agreement dated October 17, 2022. The purchase price for the disposed shares was $0.24 per share for total consideration of $1,733,079.12.
  5. Held by GigWorld Inc. GigWorld Inc.'s majority shareholder is Alset Inc. Mr. Chan is, personally and through an entity he controls, the majority shareholder of Alset Inc., and the Chairman and Chief Executive Officer of Alset Inc. The Reporting Person has dispositive control over these securities.