ALSET CAPITAL INC. announced the appointment of Mr. Morgan Good as Chief Executive Officer of the Company, effective immediately. Mr. Good is a Venture Capitalist with nearly 20 years of experience as a capital markets professional focusing in areas of finance, M&A, corporate restructuring &development, as well as marketing. Mr. Good has served on various boards across several sectors and currently acts at President, CEO and director of Carlyle Commodities Corp.

Morgan has been directly and indirectly responsible for raising in excess of ~$100M+ over his career relating to many private and public issuers alike. The Company's former CEO, Mr. Zelong (Roger) He has resigned his position as CEO of the Company, effective immediately. Mr. He will continue to serve as a director of the Company.