{"id":749930,"date":"2023-04-20T19:20:07","date_gmt":"2023-04-20T23:20:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-idea-group-secured-us93-6-million-of-investment-at-21-07-premium-above-yesterdays-closing-price\/"},"modified":"2023-04-20T19:20:07","modified_gmt":"2023-04-20T23:20:07","slug":"amtd-idea-group-secured-us93-6-million-of-investment-at-21-07-premium-above-yesterdays-closing-price","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/amtd-idea-group-secured-us93-6-million-of-investment-at-21-07-premium-above-yesterdays-closing-price\/","title":{"rendered":"AMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday\u2019s Closing Price"},"content":{"rendered":"

<\/p>\n

AMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday\u2019s Closing Price<\/b><\/p>\n

NEW YORK & HONG KONG & SINGAPORE–(BUSINESS WIRE<\/a>)–
\nAMTD IDEA Group (\u201cAMTD IDEA<\/b>\u201d or the \u201cCompany<\/b>\u201d) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. and a New York and Singapore dual listed company, today announced that it has successfully entered into share subscription agreements with certain selected investors ( \u201cInvestors<\/b>\u201d). The Investors agreed to subscribe for and purchase from the Company a total of 90,000,000 newly issued Class A ordinary shares of the Company at a 21.07% premium above yesterday\u2019s closing price. The Company will raise a total of US$93.6 million in proceeds, The Company believes the proposed investment is reflective of investors\u2019 confidence in the Company and trust in its future prospect.<\/p>\n

\nThe closing of the transactions is subject to customary closing conditions.<\/p>\n

About AMTD IDEA Group<\/b><\/p>\n

\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 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 \u201cAMTD SpiderNet\u201d \u2014 AMTD IDEA Group is uniquely positioned as an active superconnector between clients, business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com<\/a> or follow us on Twitter at @AMTDGroup.<\/p>\n

Safe Harbor Statement<\/b><\/p>\n

\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 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 with the SEC. All information provided in this press release is as of the date of this press release, and AMTD IDEA Group does not undertake any obligation to update any forward-looking statement, except as required under applicable law.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230420006049\/en\/<\/a><\/span><\/p>\n

\nFor AMTD IDEA Group:
\n
IR Office
\n
AMTD IDEA Group
\n
TEL: +852 3163-3389
\n
EMAIL: ir@amtdinc.com<\/a><\/p>\n

KEYWORDS:<\/b> New York North America United States Asia Pacific Hong Kong Singapore<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Data Management Technology Software Finance Banking Digital Cash Management\/Digital Assets<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

AMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday\u2019s Closing Price NEW YORK & HONG KONG & SINGAPORE–(BUSINESS WIRE)– AMTD IDEA Group (\u201cAMTD IDEA\u201d or the \u201cCompany\u201d) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. and a New York and Singapore dual listed company, today announced that it has successfully entered into share subscription agreements with certain selected investors ( \u201cInvestors\u201d). The Investors agreed to subscribe for and purchase from the Company a total of 90,000,000 newly issued Class A ordinary shares of the Company at a 21.07% premium above yesterday\u2019s closing price. The Company will raise a total of US$93.6 million in proceeds, The Company believes the proposed investment is reflective of investors\u2019 … <\/p>\n

Continue reading “AMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday\u2019s Closing Price”<\/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-749930","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday\u2019s Closing Price - 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-secured-us93-6-million-of-investment-at-21-07-premium-above-yesterdays-closing-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday\u2019s Closing Price - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday\u2019s Closing Price NEW YORK & HONG KONG & SINGAPORE–(BUSINESS WIRE)– AMTD IDEA Group (\u201cAMTD IDEA\u201d or the \u201cCompany\u201d) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. and a New York and Singapore dual listed company, today announced that it has successfully entered into share subscription agreements with certain selected investors ( \u201cInvestors\u201d). The Investors agreed to subscribe for and purchase from the Company a total of 90,000,000 newly issued Class A ordinary shares of the Company at a 21.07% premium above yesterday\u2019s closing price. 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