SGX

AMTD IDEA achieved 2.5 times digital media & entertainment revenue in the first half of 2023

Retrieved on: 
Tuesday, November 28, 2023

Profit of the Company for the six months ended June 30, 2023 is estimated to be more than US$105 million.

Key Points: 
  • Profit of the Company for the six months ended June 30, 2023 is estimated to be more than US$105 million.
  • AMTD IDEA Group, formerly known as AMTD International Inc. (NYSE: AMTD; SGX: HKB) represents a diversified institution and digital solutions group connecting companies and investors with global capital markets.
  • Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group are forward-looking statements.
  • Further information regarding these and other risks is included in the filings of AMTD IDEA Group with the SEC.

L’Officiel announces the launch of L’Officiel Hong Kong

Retrieved on: 
Monday, November 27, 2023

The Hong Kong digital launch marks a pivotal moment for L'Officiel's global expansion, complementing its existing presence in Chinese mainland, Singapore, Malaysia, Korea, Vietnam, Thailand, and the Philippines.

Key Points: 
  • The Hong Kong digital launch marks a pivotal moment for L'Officiel's global expansion, complementing its existing presence in Chinese mainland, Singapore, Malaysia, Korea, Vietnam, Thailand, and the Philippines.
  • L'Officiel Hong Kong will be available on its official website ( https://www.lofficielhk.com ) and across various social media platforms, including Facebook, Instagram, Threads, Twitter, and LinkedIn.
  • The launch of L’Officiel Hong Kong echoes the city’s willingness to become an international cultural hub.
  • L'Officiel Hong Kong's entry into the global fashion and luxury media landscape highlights AMTD's commitment to fostering connectivity and innovation in the industry, strengthening the fashion, art and culture landscapes in Hong Kong.

L’Officiel HK successfully registered all magazines with the HK SAR Government’s Office for Film, Newspaper and Article Administration

Retrieved on: 
Tuesday, November 14, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231114910188/en/
    By now, L’Officiel Hong Kong has successfully completed the registration for all the magazine titles in circulation under L’Officiel globally across 31 countries with the HK SAR Government’s Office for Film, Newspaper and Article Administration, namely “L’OFFICIEL HONG KONG SAR”, "L'OFFICIEL HOMMES HONG KONG SAR”, “L’OFFICIEL ART HONG KONG SAR”, and “LA REVUE DES MONTRES HONG KONG SAR”.
  • L’Officiel Hong Kong is now ready to officially launch with further details to be announced shortly.
  • If there is any doubt about whether you are genuinely dealing with our group please just reach out to the contacts below.
  • We have zero tolerance for any infringement or illegitimate act.

AMTD Pleased to Present the New Movie “The Goldfinger”

Retrieved on: 
Friday, November 10, 2023

AMTD Digital Inc. (NYSE: HKD) ("AMTD Digital"), alongside with AMTD Group Inc. ("AMTD Group") and AMTD IDEA Group (NYSE: AMTD; SGX: HKB) ("AMTD IDEA"), through AMTD World Media and Entertainment Group, together as "AMTD", are thrilled to announce that another new movie titled “The Goldfinger” (“Movie”) will be released to public globally on December 30, 2023.

Key Points: 
  • AMTD Digital Inc. (NYSE: HKD) ("AMTD Digital"), alongside with AMTD Group Inc. ("AMTD Group") and AMTD IDEA Group (NYSE: AMTD; SGX: HKB) ("AMTD IDEA"), through AMTD World Media and Entertainment Group, together as "AMTD", are thrilled to announce that another new movie titled “The Goldfinger” (“Movie”) will be released to public globally on December 30, 2023.
  • The Movie is another legendary joint efforts between Tony Leung and Andy Lau since their last cooperation on the legendary movie series “Infernal Affairs” approximately two decades ago.
  • It represents AMTD’s first cooperation with Tony Leung, who being the first Chinese actor, recently won the Lifetime Achievement Award, i.e.
  • AMTD serves as a Co-production company of the Movie, while Dr. Calvin Choi, Chairman of AMTD Group and founder of AMTD IDEA Group and AMTD Digital, serves as a Co-producer.

Chinese Firms Show Resilient Interest in U.S. IPOs Despite Regulatory Hurdles

Retrieved on: 
Monday, December 4, 2023

NEW YORK, Dec. 4, 2023 /PRNewswire/ -- Despite regulatory challenges and geopolitical tensions, there is a sustained interest among Chinese companies in listing on U.S. stock exchanges. This trend is indicative of the global financial clout and reputation of U.S. capital markets, which offer Chinese firms access to a wider investor base and potentially higher valuations than domestic or other international exchanges. The U.S. stock market, being one of the largest and most liquid in the world, provides significant advantages for Chinese companies seeking to expand their international presence and secure capital for growth and innovation. As of October, seventeen Chinese companies raising a total of $405 million started trading on U.S. exchanges this year, according to data from IPO research firm Renaissance Capital. Last year's 14 IPOs raised a total of $468 million. VCI Global Limited (NASDAQ: VCIG), Tencent Holding Ltd. (OTC: TCEHY), Lufax Holding Ltd (NYSE: LU), Qifu Technology, Inc. (NASDAQ: QFIN)

Key Points: 
  • NEW YORK, Dec. 4, 2023 /PRNewswire/ -- Despite regulatory challenges and geopolitical tensions, there is a sustained interest among Chinese companies in listing on U.S. stock exchanges.
  • VCI Global Limited (NASDAQ: VCIG), Tencent Holding Ltd. (OTC: TCEHY), Lufax Holding Ltd (NYSE: LU), Qifu Technology, Inc. (NASDAQ: QFIN)
    This ongoing interest, despite regulatory and geopolitical headwinds, underscores the strategic importance and perceived benefits of U.S. listings for Chinese companies.
  • "During the quarter, despite the macro uncertainty, we continued to improve our operational efficiency and drive for better economic returns.
  • Meanwhile, we are continuing to strengthen our commercialization efficiency by integrating advertising solutions and live broadcasting across our content ecosystem.

Chinese Firms Show Resilient Interest in U.S. IPOs Despite Regulatory Hurdles

Retrieved on: 
Monday, December 4, 2023

NEW YORK, Dec. 4, 2023 /PRNewswire/ -- Despite regulatory challenges and geopolitical tensions, there is a sustained interest among Chinese companies in listing on U.S. stock exchanges. This trend is indicative of the global financial clout and reputation of U.S. capital markets, which offer Chinese firms access to a wider investor base and potentially higher valuations than domestic or other international exchanges. The U.S. stock market, being one of the largest and most liquid in the world, provides significant advantages for Chinese companies seeking to expand their international presence and secure capital for growth and innovation. As of October, seventeen Chinese companies raising a total of $405 million started trading on U.S. exchanges this year, according to data from IPO research firm Renaissance Capital. Last year's 14 IPOs raised a total of $468 million. VCI Global Limited (NASDAQ: VCIG), Tencent Holding Ltd. (OTC: TCEHY), Lufax Holding Ltd (NYSE: LU), Qifu Technology, Inc. (NASDAQ: QFIN)

Key Points: 
  • NEW YORK, Dec. 4, 2023 /PRNewswire/ -- Despite regulatory challenges and geopolitical tensions, there is a sustained interest among Chinese companies in listing on U.S. stock exchanges.
  • VCI Global Limited (NASDAQ: VCIG), Tencent Holding Ltd. (OTC: TCEHY), Lufax Holding Ltd (NYSE: LU), Qifu Technology, Inc. (NASDAQ: QFIN)
    This ongoing interest, despite regulatory and geopolitical headwinds, underscores the strategic importance and perceived benefits of U.S. listings for Chinese companies.
  • "During the quarter, despite the macro uncertainty, we continued to improve our operational efficiency and drive for better economic returns.
  • Meanwhile, we are continuing to strengthen our commercialization efficiency by integrating advertising solutions and live broadcasting across our content ecosystem.

AMTD IDEA Group Announces ADS Ratio Change

Retrieved on: 
Tuesday, November 7, 2023

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA” or the “Company”), today announced that it will change the ratio of its American depositary shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio Change”), par value US$0.0001 per share, from one (1) ADS representing two (2) Class A ordinary shares to one (1) ADS representing six (6) Class A ordinary shares, effective on or about November 17, 2023, U.S. Eastern Time (the “Effective Date”).

Key Points: 
  • AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA” or the “Company”), today announced that it will change the ratio of its American depositary shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio Change”), par value US$0.0001 per share, from one (1) ADS representing two (2) Class A ordinary shares to one (1) ADS representing six (6) Class A ordinary shares, effective on or about November 17, 2023, U.S. Eastern Time (the “Effective Date”).
  • For the Company’s ADS holders, the ADS Ratio Change will have the same effect as a one-for-three reverse ADS split.
  • No fractional new ADSs will be issued in connection with the ADS Ratio Change.
  • The ADS Ratio Change will have no impact on the Company’s underlying Class A ordinary shares, and no ordinary shares will be issued or cancelled in connection with the ADS Ratio Change.

TJI Opens New Chapter with Potential Franchises in Australia and the Philippines

Retrieved on: 
Wednesday, November 1, 2023

Separately, the Group announced a potential franchise partnership with a subsidiary of the Philippine conglomerate, Suyen Corporation, regarding the proposed entry into the market in the Philippines.

Key Points: 
  • Separately, the Group announced a potential franchise partnership with a subsidiary of the Philippine conglomerate, Suyen Corporation, regarding the proposed entry into the market in the Philippines.
  • In addition, the JV Company will be able to enter into further sub-franchise agreements with other partners to facilitate the Group's expansion.
  • Listed on the Singapore Exchange in 2019, ST Group is an established food and beverage ("F&B") group headquartered in Australia.
  • ST Group has a proven track record in the F&B markets in Australia, New Zealand and the United Kingdom.

TJI Opens New Chapter with Potential Franchises in Australia and the Philippines

Retrieved on: 
Tuesday, November 7, 2023

Separately, the Group announced a potential franchise partnership with a subsidiary of the Philippine conglomerate, Suyen Corporation, regarding the proposed entry into the market in the Philippines.

Key Points: 
  • Separately, the Group announced a potential franchise partnership with a subsidiary of the Philippine conglomerate, Suyen Corporation, regarding the proposed entry into the market in the Philippines.
  • In addition, the JV Company will be able to enter into further sub-franchise agreements with other partners to facilitate the Group's expansion.
  • Listed on the Singapore Exchange in 2019, ST Group is an established food and beverage ("F&B") group headquartered in Australia.
  • ST Group has a proven track record in the F&B markets in Australia, New Zealand and the United Kingdom.

Sri Trang Agro-Industry (SET:STA) Expands Business in Ivory Coast

Retrieved on: 
Friday, June 16, 2023

Ivory Coast is projected to have a production capacity of over 1.3 million metric tons of rubber this year, surpassing Vietnam and becoming the world's 3rd largest rubber exporter.

Key Points: 
  • Ivory Coast is projected to have a production capacity of over 1.3 million metric tons of rubber this year, surpassing Vietnam and becoming the world's 3rd largest rubber exporter.
  • Sri Trang Agro-Industry PCL runs the business with expertise and sustainability from upstream to downstream.
  • At present, Ivory Coast is the world's 4th largest exporter of rubber, following Thailand, Indonesia, and Vietnam.
  • "We recognize that accessing new supplies in Ivory Coast will greatly support the Company's business in terms of expanding the sources of raw materials.