Exhibit 21
Subsidiaries of HWH International Inc.
| HWH International Inc. | Nevada | |
| Hapi Home Inc. | Nevada | |
| Health Wealth Happiness Pte. Ltd. | Singapore | |
| Hapi WealthBuilder Pte. Ltd. | Singapore | |
| Hapi iRobot Pte. Ltd. (f.k.a.HWH Marketplace Pte. Ltd.) | Singapore | |
| HWH World Inc. | Republic of Korea | |
| HWH World Limited | Hong Kong | |
| HWH World Pte. Ltd. | Singapore | |
| Hapi Cafe Inc. | Texas | |
| Hapi Cafe Korea Inc. | Republic of Korea | |
| Hapi Cafe SG Pte. Ltd. | Singapore | |
| Alset F&B Holdings Pte. Ltd. | Singapore | |
| Hapi Cafe Sdn. Bhd. | Myanmar | |
| Alset F&B One Pte. Ltd. | Singapore | |
| Alset F&B (PLQ) Pte. Ltd. | Singapore | |
| Ketomei Pte. Ltd. | Singapore | |
| Hapi Marketplace Inc. | Nevada | |
| Hapi Wealth Builder Limited | Hong Kong |