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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 9 Months Ended
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Sep. 30, 2023
Accounting Policies [Abstract] |
SCHEDULE OF SUBSIDIARIES | The Company’s condensed consolidated financial statements include the financial position, results of operations and cash flows of the following entities as of September 30, 2023 and December 31, 2022, as follows: SCHEDULE OF SUBSIDIARIES
Name of subsidiary |  | State or other jurisdiction of incorporation or |  | Attributable interest as of, |
consolidated under AEI |  | organization |  | September 30, 2023 |  |  | December 31, 2022 |
|  |  |  | % |  |  | % |
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 |  |  |  | 85.4 |
Singapore Construction & Development Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
Art eStudio Pte. Ltd. |  | Singapore |  |  | 43.6 | * |  |  | 43.6 | *
Singapore Construction Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
Global BioMedical Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
Alset Innovation Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
Health Wealth Happiness Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
SeD Capital Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
LiquidValue Asset Management Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
Alset Solar Limited |  | Hong Kong |  |  | 85.4 |  |  |  | 85.4 |
Alset F&B One Pte. Ltd |  | Singapore |  |  | 76.9 |  |  |  | 76.9 |
Global TechFund of Fund Pte. Ltd. |  | Singapore |  |  | - |  |  |  | 100 |
Singapore eChainLogistic Pte. Ltd. |  | Singapore |  |  | - |  |  |  | 100 |
BMI Capital Partners International Limited. |  | Hong Kong |  |  | 85.4 |  |  |  | 85.4 |
SeD Perth Pty. Ltd. |  | Australia |  |  | 85.4 |  |  |  | 85.4 |
SeD Intelligent Home Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
LiquidValue Development Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
Alset EHome Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
SeD USA, LLC |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
150 Black Oak GP, Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
SeD Development USA Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
150 CCM Black Oak, Ltd. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
SeD Texas Home, LLC |  | United States of America |  |  | 100 |  |  |  | 85.4 |
SeD Ballenger, LLC |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
SeD Maryland Development, LLC |  | United States of America |  |  | 71.4 |  |  |  | 71.4 |
SeD Development Management, LLC |  | United States of America |  |  | 72.6 |  |  |  | 72.6 |
SeD Builder, LLC |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
Hapi Metaverse Inc. (f.k.a. GigWorld Inc.) |  | United States of America |  |  | 99.7 |  |  |  | 99.7 |
HotApp BlockChain Pte. Ltd. |  | Singapore |  |  | 99.7 |  |  |  | 99.7 |
HotApp International Limited |  | Hong Kong |  |  | 99.7 |  |  |  | 99.7 |
HWH International, Inc. (Delaware) |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
Health Wealth & Happiness Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
HWH Multi-Strategy Investment, Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
SeD REIT Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
Gig Stablecoin Inc. |  | United States of America |  |  | 99.7 |  |  |  | 99.7 |
HWH World Inc. (Delaware) |  | United States of America |  |  | 99.7 |  |  |  | 99.7 |
HWH World Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
UBeauty Limited |  | Hong Kong |  |  | 85.4 |  |  |  | 85.4 |
WeBeauty Korea Inc |  | Korea |  |  | 85.4 |  |  |  | 85.4 |
HWH World Limited |  | Hong Kong |  |  | 85.4 |  |  |  | 85.4 |
HWH World Inc. |  | Korea |  |  | 85.4 |  |  |  | 85.4 |
GDC REIT Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
NewRetail-AI Inc. |  | United States of America |  |  | 99.7 |  |  |  | - |
BioHealth Water Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
Impact BioHealth Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
American Home REIT Inc. |  | United States of America |  |  | 100 |  |  |  | 85.4 |
Alset Solar Inc. |  | United States of America |  |  | 68.3 |  |  |  | 68.3 |
HWH KOR Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
Open House Inc. |  | United States of America |  |  | - |  |  |  | 100 |
Open Rental Inc. |  | United States of America |  |  | - |  |  |  | 100 |
Hapi Cafe Inc. (Nevada) |  | United States of America |  |  | - |  |  |  | 100 |
Global Solar REIT Inc. |  | United States of America |  |  | - |  |  |  | 100 |
Alset EV Inc. (f.k.a. OpenBiz Inc.) |  | United States of America |  |  | 100 |  |  |  | 100 |
Hapi Cafe Inc. (Texas) |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
HWH (S) Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
LiquidValue Development Pte. Ltd. |  | Singapore |  |  | 100 |  |  |  | 100 |
LiquidValue Development Limited |  | Hong Kong |  |  | 100 |  |  |  | 100 |
EPowerTech Inc. |  | United States of America |  |  | - |  |  |  | 100 |
Alset EPower Inc. |  | United States of America |  |  | - |  |  |  | 100 |
AHR Asset Management Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
HWH World Inc. (Nevada) |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
Alset F&B Holdings Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
Credas Capital Pte. Ltd. |  | Singapore |  |  | 42.7 | * |  |  | 42.7 | *
Credas Capital GmbH |  | Switzerland |  |  | 42.7 | * |  |  | 42.7 | *
Smart Reward Express Limited |  | Hong Kong |  |  | 49.8 | * |  |  | 49.8 | *
AHR Texas Two LLC |  | United States of America |  |  | 100 |  |  |  | 85.4 |
AHR Black Oak One LLC |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
Hapi Air Inc. |  | United States of America |  |  | 92.7 |  |  |  | 92.7 |
AHR Texas Three, LLC |  | United States of America |  |  | 100 |  |  |  | 85.4 |
Alset Capital Pte. Ltd. |  | Singapore |  |  | - |  |  |  | 100 |
Hapi Cafe Korea, Inc. |  | Korea |  |  | 85.4 |  |  |  | 85.4 |
Green Energy REIT Inc. |  | United States of America |  |  | - |  |  |  | 100 |
Green Energy Management Inc. |  | United States of America |  |  | - |  |  |  | 100 |
Alset Metaverse Inc. |  | United States of America |  |  | 97.2 |  |  |  | 97.2 |
Alset Management Group Inc. |  | United States of America |  |  | 83.4 |  |  |  | 83.4 |
Alset Acquisition Sponsor, LLC |  | United States of America |  |  | 93.4 |  |  |  | 93.4 |
Alset Spac Group Inc. |  | United States of America |  |  | 93.4 |  |  |  | 93.4 |
Alset Mining Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
Hapi Travel Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
Hapi WealthBuilder Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
HWH Marketplace Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
HWH International Inc. (Nevada) |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
Hapi Cafe SG Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
Alset Reits Inc. |  | United States of America |  |  | 100 |  |  |  | 100 |
Robotic gHome Inc. |  | United States of America |  |  | 76.9 |  |  |  | 76.9 |
HWH Merger Sub, Inc. |  | United States of America |  |  | 85.4 |  |  |  | 85.4 |
Alset Home REIT Inc. |  | United States of America |  |  | 100 |  |  |  | 100 |
Hapi Metaverse Inc. (Texas) |  | United States of America |  |  | 99.7 |  |  |  | 99.7 |
Hapi Café Limited |  | Hong Kong |  |  | 99.7 |  |  |  | 99.7 |
MOC HK Limited |  | Hong Kong |  |  | 99.7 |  |  |  | 99.7 |
AHR Texas Four, LLC |  | United States of America |  |  | 100 |  |  |  | 100 |
Alset F&B (PLQ) Pte. Ltd. |  | Singapore |  |  | 85.4 |  |  |  | 85.4 |
Hapi Café Sdn. Bhd. |  | Malaysia |  |  | 51.3 |  |  |  | - |
Shenzhen Leyouyou Catering Management Co., Ltd. |  | China |  |  | 100 |  |  |  | 100 |
Dongguan Leyouyou Catering Management Co., Ltd. |  | China |  |  | 100 |  |  |  | - |
Guangzho Leyouyou Catering Management Co., Ltd. |  | China |  |  | 100 |  |  |  | - |
Hapi Travel Ltd. |  | Hong Kong |  |  | 100 |  |  |  | - |
Alset Capital Acquisition Corp. |  | United States of America |  |  | 58.0 |  |  |  | - |
Hapi Acquisition Pte. Ltd. |  | Singapore |  |  | 99.7 |  |  |  | - |
* | 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.

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- Definition Disclosure of accounting policy for subsidiaries or other investments that are consolidated, including the accounting treatment for intercompany accounts or transactions and any noncontrolling interest. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 810 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-1 + Details
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