AMTD IDEA, AMTD Digital and TGE Jointly Announce the Injection of Four Premium Hotel Assets into TGE
PR Newswire•06/11/2026•16:05 ET
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Key Highlights
- ➤Four hotel assets transferred to TGE for aggregate purchase price of US$209,766,000
- ➤TGE issued 198,630,381 Class A ordinary shares to AMTD Digital
- ➤AMTD Digital now owns 88.2% of TGE’s shares and 91.1% voting power
- ➤AMTD IDEA Group beneficially owns 95.6% of TGE’s shares and 96.7% voting power
- ➤Target assets include hotels in New York, Perth, London, and Kuala Lumpur
AMTD IDEA, AMTD Digital and TGE Jointly Announce the Injection of Four Premium Hotel Assets into TGE PR Newswire
PARIS and NEW YORK and LONDON, Nov. 6, 2026 /PRNewswire/ -- AMTD IDEA Group (NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual-listed company and a subsidiary of AMTD Group Inc. ("AMTD Group"), AMTD Digital Inc. ("AMTD Digital") (NYSE: HKD), a controlled and consolidated subsidiary of AMTD IDEA Group, and The Generation Essentials Group ("TGE") (NYSE: TGE; LSE: TGE), a controlled and consolidated subsidiary of AMTD Digital, jointly announced today the injection of four premium hotel assets into TGE.
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