Help needed to select a very refined UX for displaying information which is selected by a user

I've got a rough mockup below which has a pretty bad UX to display information which is selected by users. Basically, the users want to see what they've already selected inside a multi-select dropdown. As of now, the users are not very much familiar with some Internet standards and hence, I've managed to pull this off as a stand-by mockup.

How we show selected information on a multi-select dropdown

How we show selected information on a text input field

What would you suggest a better option to show the information that is selected by a user?