FORM 3
| Washington, D.C. 20549 |
OMB APPROVAL
OMB Number: 3235-0104 Estimated average burden hours per response... 0.5 |
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| 1. Name and Address of Reporting Person * GigWorld Inc. |
2. Date of Event Requiring Statement (MM/DD/YYYY)
| 3. Issuer Name and Ticker or Trading Symbol Value Exchange International, Inc. [VEII] |
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4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director ___X___ 10% Owner _____ Officer (give title below) _____ Other (specify below) | ||
| 5. If Amendment, Date Original Filed(MM/DD/YYYY) | 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person | |
Table I - Non-Derivative Securities Beneficially Owned | |||
| 1.Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Common Stock | 6,500,000 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
| 1. Title of Derivate Security (Instr. 4) | 2. Date Exercisable and Expiration Date (MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Explanation of Responses: |
| Remarks: This Amended Form 3 is being filed to include Heng Fai Chan. GigWorld Inc.'s majority shareholder is Alset International Limited; Alset International Limited's majority shareholder is Alset EHome International Inc. Mr. Chan is, personally and through an entity he controls, the majority shareholder of Alset EHome International Inc. Mr. Chan is the Chairman of GigWorld Inc. and the Chief Executive Officer and Chairman of each of Alset International Limited and Alset EHome International Inc. |
| Reporting Owners | |||||
| Reporting Owner Name / Address | |||||
| Director | 10% Owner | Officer | Other | ||
| GigWorld Inc. 4800 MONTGOMERY LANE, SUITE 210 BETHESDA, MD 20814 | X | ||||
| Chan Heng Fai Ambrose C/O ALSET INTERNATIONAL LIMITED 7 TEMASEK BOULEVARD #29-01B, SUNTEC TOWER ONE SINGAPORE, U0 038987 | X | ||||
| Signatures | ||
| /s/ GigWorld Inc. by Lui Wai Leung, Alan, Chief Financial Officer | 7/20/2021 | |
| **Signature of Reporting Person | Date | |
| /s/ Heng Fai Ambrose Chan | 7/20/2021 | |
| **Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
| * | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |