The company will pivot to clean energy solutions and services including energy generation and storage within the clean energy supply chain.
Penny stock Alset International plans to diversify from its traditional e-development business into hospitality, clean energy, high technology farming and e-commerce and direct selling.
For hospitality, Alset plans to develop, operate and franchise cafés, restaurants and bars, car rental and/or leasing business and the business of operating hotel, travel and airline reservation company for business and leisure travel.
