AMTD Digital Inc. transferred controlling interests in four premium hotel assets to subsidiary The Generation Essentials Group (TGE) for an aggregate purchase price of US$209,766,000. The transaction was settled through the issuance of 198,630,381 newly issued Class A ordinary shares of TGE to AMTD Digital on November 2, 2026. This move consolidates premium hospitality assets under TGE, which focuses on hospitality and VIP services. Following the transaction, AMTD Digital holds an 88.2% stake in TGE's share capital. The company operates as a comprehensive digital solutions platform with business lines including digital media, content marketing, investments, and hospitality.
