{"id":728914,"date":"2023-02-06T09:20:08","date_gmt":"2023-02-06T14:20:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-idea-group-announces-successful-completion-of-injection-of-global-portfolio-of-premium-real-estate-assets-into-amtd-digital-inc\/"},"modified":"2023-02-06T09:20:08","modified_gmt":"2023-02-06T14:20:08","slug":"amtd-idea-group-announces-successful-completion-of-injection-of-global-portfolio-of-premium-real-estate-assets-into-amtd-digital-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-idea-group-announces-successful-completion-of-injection-of-global-portfolio-of-premium-real-estate-assets-into-amtd-digital-inc\/","title":{"rendered":"AMTD IDEA Group Announces Successful Completion of Injection of Global Portfolio of Premium Real Estate Assets into AMTD Digital Inc."},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\nAMTD IDEA Group Announces Successful Completion of Injection of Global Portfolio of Premium Real Estate Assets into AMTD Digital Inc.\n<\/p>\n<p>NEW YORK &amp; HONG KONG &amp; SINGAPORE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAMTD IDEA Group (\u201cAMTD IDEA Group\u201d) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. (formerly known as AMTD Group Company Limited and hereinafter referred as \u201cAMTD Group\u201d) and a leading platform for comprehensive financial services and digital solutions, and AMTD Digital Inc. (\u201cAMTD Digital\u201d) (NYSE: HKD), a controlled and consolidated subsidiary of AMTD IDEA Group and a comprehensive one-stop digital solutions platform in Asia, jointly announced that the previously announced transaction of injecting AMTD Assets Group (\u201cAMTD Assets\u201d) into AMTD Digital has been closed successfully.\n<\/p>\n<p>\nAMTD Assets represents the letter \u201cA\u201d of AMTD Group\u2019s \u201cIDEA\u201d strategy, and holds a global portfolio of premium whole building properties, with a fair market value of approximately US$500 million.\n<\/p>\n<p>\nFollowing the completion of the transaction, AMTD Digital owns 100% of the equity interest in AMTD Assets, and AMTD IDEA Group has increased its ownership interest in AMTD Digital to 85.8% and continues to consolidate AMTD Digital.\n<\/p>\n<p>\nAbout AMTD IDEA Group\n<\/p>\n<p>\nAMTD IDEA Group, formerly known as AMTD International Inc. (NYSE: AMTD; SGX: HKB), represents a premier Asia financial institution and digital solutions group connecting companies and investors from Asia, including mainland China and Hong Kong as well as the ASEAN markets with global capital markets. Its comprehensive one-stop financial services plus digital solutions platform addresses different clients\u2019 diverse and inter-connected financial needs and digital requirements across all phases of their life cycles. Leveraging its deep roots in Asia and its unique eco-system \u2014 the &#8220;AMTD SpiderNet&#8221; \u2014 it is uniquely positioned as an active super-connector between clients, business partners, investee companies, and investors. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.amtdinc.com&amp;esheet=53302748&amp;newsitemid=20230206005397&amp;lan=en-US&amp;anchor=www.amtdinc.com&amp;index=1&amp;md5=257a69eec736e941ef596834e849ffd2\">www.amtdinc.com<\/a> or follow us on Twitter at @AMTDGroup.\n<\/p>\n<p>\nAbout AMTD Digital Inc.\n<\/p>\n<p>\nAMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform in Asia. Its one-stop digital solutions platform operates four main business lines including digital financial services, SpiderNet ecosystem solutions, digital media, content and marketing, as well as digital investments. It is the fusion reactor at the core of the AMTD SpiderNet ecosystem and empowers and integrates the various digital businesses within its ecosystem. For AMTD Digital\u2019s announcements, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fir.amtdigital.net%2Finvestor-news&amp;esheet=53302748&amp;newsitemid=20230206005397&amp;lan=en-US&amp;anchor=https%3A%2F%2Fir.amtdigital.net%2Finvestor-news&amp;index=2&amp;md5=b385491e22b182037bde755ad4734658\">https:\/\/ir.amtdigital.net\/investor-news<\/a>.\n<\/p>\n<p>\nAbout AMTD Assets Group\n<\/p>\n<p>\nAMTD Assets Group is the real estate arm of AMTD Group, focusing and specialising in hospitality and lifestyle concepts globally. AMTD Assets Group offers a customer-centric VIP members approach for its business portfolio in the key areas comprising stylish hotels and serviced apartments, property rental, food and beverage, and club membership services across major cities globally.\n<\/p>\n<p>\nSafe Harbor Statement\n<\/p>\n<p>\nThis press release contains statements that may constitute \u201cforward-looking\u201d statements pursuant to the \u201csafe harbor\u201d provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as \u201cwill,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201caims,\u201d \u201cfuture,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cbelieves,\u201d \u201cestimates,\u201d \u201clikely to,\u201d and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group and\/or AMTD Digital, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group and\/or AMTD Digital with the SEC. All information provided in this press release is as of the date of this press release, and neither AMTD IDEA Group nor AMTD Digital undertakes any obligation to update any forward-looking statement, except as required under applicable law.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230206005397r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230206005397\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230206005397\/en\/<\/a><\/span><\/p>\n<p>\nFor AMTD IDEA Group:<br \/>\n<br \/>IR Office<br \/>\n<br \/>AMTD IDEA Group<br \/>\n<br \/>TEL: +852 3163-3389<br \/>\n<br \/>EMAIL: <a rel=\"nofollow\" href=\"mailto:ir@amtdinc.com\">ir@amtdinc.com<\/a><\/p>\n<p>\nFor AMTD Digital Inc.:<br \/>\n<br \/>IR Office<br \/>\n<br \/>AMTD Digital Inc.<br \/>\n<br \/>TEL: +852 3163-3298<br \/>\n<br \/>EMAIL: <a rel=\"nofollow\" href=\"mailto:ir@amtdigital.com\">ir@amtdigital.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York North America United States Asia Pacific Hong Kong Singapore<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Lodging Travel Professional Services Other Communications Marketing Communications Digital Marketing Other Professional Services Fintech Other Travel Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>AMTD IDEA Group Announces Successful Completion of Injection of Global Portfolio of Premium Real Estate Assets into AMTD Digital Inc. NEW YORK &amp; HONG KONG &amp; SINGAPORE&#8211;(BUSINESS WIRE)&#8211; AMTD IDEA Group (\u201cAMTD IDEA Group\u201d) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. (formerly known as AMTD Group Company Limited and hereinafter referred as \u201cAMTD Group\u201d) and a leading platform for comprehensive financial services and digital solutions, and AMTD Digital Inc. (\u201cAMTD Digital\u201d) (NYSE: HKD), a controlled and consolidated subsidiary of AMTD IDEA Group and a comprehensive one-stop digital solutions platform in Asia, jointly announced that the previously announced transaction of injecting AMTD Assets Group (\u201cAMTD Assets\u201d) into AMTD Digital has been closed successfully. AMTD Assets represents the letter &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-idea-group-announces-successful-completion-of-injection-of-global-portfolio-of-premium-real-estate-assets-into-amtd-digital-inc\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AMTD IDEA Group Announces Successful Completion of Injection of Global Portfolio of Premium Real Estate Assets into AMTD Digital Inc.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-728914","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AMTD IDEA Group Announces Successful Completion of Injection of Global Portfolio of Premium Real Estate Assets into AMTD Digital Inc. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-idea-group-announces-successful-completion-of-injection-of-global-portfolio-of-premium-real-estate-assets-into-amtd-digital-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AMTD IDEA Group Announces Successful Completion of Injection of Global Portfolio of Premium Real Estate Assets into AMTD Digital Inc. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AMTD IDEA Group Announces Successful Completion of Injection of Global Portfolio of Premium Real Estate Assets into AMTD Digital Inc. NEW YORK &amp; HONG KONG &amp; SINGAPORE&#8211;(BUSINESS WIRE)&#8211; AMTD IDEA Group (\u201cAMTD IDEA Group\u201d) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. (formerly known as AMTD Group Company Limited and hereinafter referred as \u201cAMTD Group\u201d) and a leading platform for comprehensive financial services and digital solutions, and AMTD Digital Inc. (\u201cAMTD Digital\u201d) (NYSE: HKD), a controlled and consolidated subsidiary of AMTD IDEA Group and a comprehensive one-stop digital solutions platform in Asia, jointly announced that the previously announced transaction of injecting AMTD Assets Group (\u201cAMTD Assets\u201d) into AMTD Digital has been closed successfully. 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NEW YORK &amp; HONG KONG &amp; SINGAPORE&#8211;(BUSINESS WIRE)&#8211; AMTD IDEA Group (\u201cAMTD IDEA Group\u201d) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. (formerly known as AMTD Group Company Limited and hereinafter referred as \u201cAMTD Group\u201d) and a leading platform for comprehensive financial services and digital solutions, and AMTD Digital Inc. (\u201cAMTD Digital\u201d) (NYSE: HKD), a controlled and consolidated subsidiary of AMTD IDEA Group and a comprehensive one-stop digital solutions platform in Asia, jointly announced that the previously announced transaction of injecting AMTD Assets Group (\u201cAMTD Assets\u201d) into AMTD Digital has been closed successfully. 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