HKB

AMTD IDEA Group Announces a New Share Repurchase Program

Retrieved on: 
Wednesday, February 14, 2024

AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$20 million of its American depositary shares or ordinary shares until the end of the last business day of the first quarter in 2024, U.S. Eastern Time.

Key Points: 
  • AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that its board of directors has authorized a new share repurchase program under which the Company may repurchase up to US$20 million of its American depositary shares or ordinary shares until the end of the last business day of the first quarter in 2024, U.S. Eastern Time.
  • The Company plans to adopt and implement this share repurchase program in accordance with applicable rules and requirements under the Securities Exchange Act of 1934, as amended, and the Company’s insider trading policies.
  • The timing and dollar amount of repurchase transactions will be subject to the Securities and Exchange Commission Rule 10b-18 and Rule 10b-5 requirements.
  • The Company’s board of directors will review the share repurchase program periodically and may authorize adjustment of its terms and size.

AMTD World Media And Entertainment Group Embraces Full Independent Board Structure, Ready For Its 2.0 Stage Of Development And Growth In The Global Domain

Retrieved on: 
Friday, February 9, 2024

AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”, and together with AMTD Group and AMTD IDEA as “AMTD”), announced the following new appointments for existing and/or new members of the boards of AMTD IDEA, AMTD Digital and AMTD World Media and Entertainment Group (“AMTD WME”), a joint venture among AMTD Group.

Key Points: 
  • AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”, and together with AMTD Group and AMTD IDEA as “AMTD”), announced the following new appointments for existing and/or new members of the boards of AMTD IDEA, AMTD Digital and AMTD World Media and Entertainment Group (“AMTD WME”), a joint venture among AMTD Group.
  • View the full release here: https://www.businesswire.com/news/home/20240209658540/en/
    AMTD IDEA and AMTD WME: Mr. Jazz Li has been appointed as an independent director of AMTD IDEA and AMTD WME.
  • AMTD Digital and AMTD WME: Ms. Joanne Shoveller has been designated as the Co-Chair of the Board of AMTD Digital, as well as the Chair of the Board of AMTD WME.
  • Under the joint efforts of the founding shareholders, including AMTD Group, AMTD IDEA and AMTD Digital, AMTD WME has now been developed as a standalone business group for cultural development, media and entertainment businesses with global outreach and exposures in over 33 countries.

AMTD IDEA Successfully Completed Its Share Repurchase Program

Retrieved on: 
Monday, February 5, 2024

AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that the Company has successfully completed the repurchase of all of the shares authorised under the US$40 million repurchase program previously announced.

Key Points: 
  • AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that the Company has successfully completed the repurchase of all of the shares authorised under the US$40 million repurchase program previously announced.
  • Dr. Feridun Hamdullahpur, Chairman of the Company commented, “We are fully confident about the sustainable values of the Company as well as the diversity harvested through the Company’s successful international business development and positioning.
  • We are committed to creating long term values for shareholders and continuing our expansion through global partnerships and initiatives.”

AIC HOTEL GROUP ANNOUNCES NEW, LUXURY ALL-INCLUSIVE HOTEL BRAND WITH THE LAUNCH OF AVA RESORT CANCUN

Retrieved on: 
Wednesday, January 31, 2024

MIAMI, Jan. 31, 2024 /PRNewswire/ -- AIC Hotel Group, the trailblazing hospitality brand with an extensive portfolio of world-class properties across the world's most desirable destinations, such as Eden Roc Miami Beach and Nobu Hotel Los Cabos, today announced the launch of AVA, an elevated resort brand that establishes a new category of all-inclusive travel in the global marketplace.

Key Points: 
  • Featuring the luxury and customized personal service of a five-star à la carte escape, the first property under the AVA brand, AVA Resort Cancun , will open its doors in Summer 2024, and the 1,743-oceanfront-room property promises a serene atmosphere and upscale coastal aesthetic inspired by the carefree waterfront lifestyle.
  • "As the travel industry continues to rapidly evolve, we knew that our next project needed to seamlessly bridge the last few gaps left in the all-inclusive market," says Ash Tembe, Vice President of Sales and Marketing at AIC Hotel Group.
  • "AVA Resort Cancun does just that by bringing the most memorable aspects of a vacation to one place, coupled with some of the most exclusive experiences and programming that a luxury resort can offer.
  • Located just 10 minutes from the Cancun International Airport, AVA Resort Cancun is home to an extraordinary breadth of amenities that far surpass standard all-inclusive expectations and will delight any traveler.

AMTD Digital’s Entertainment and Movie Businesses Are Estimated to Contribute Significantly to Net Profit

Retrieved on: 
Friday, January 26, 2024

For the six months ended October 31, 2023, the Company is expecting a contribution of US$16 million from its entertainment and movie businesses.

Key Points: 
  • For the six months ended October 31, 2023, the Company is expecting a contribution of US$16 million from its entertainment and movie businesses.
  • Other strong key performance indicators as of today: total movie viewers of 11.92 million; 3.94 billion of tiktok video plays relating to the movie; No.
  • 1 ranking in the 2024 China crime and thriller movie category in terms of box office etc.
  • The theatre time of the “Goldfinger” movie in China has been extended until 23:59pm on February 29, 2024 due to popularity.

AMTD IDEA Awarded “Best Financial Services” Recognition

Retrieved on: 
Friday, January 5, 2024

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA” or the “Company”) is pleased to announce that it has been granted “the Guangdong-Hong Kong-Macao Greater Bay Area – Best Financial Services Award” by Hong Kong Ta Kung Wen Wei Media Group in the fourth “Pilot 9+2” Guangdong-Hong Kong-Macao Greater Bay Area Development Forum and Award Ceremony.

Key Points: 
  • AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA” or the “Company”) is pleased to announce that it has been granted “the Guangdong-Hong Kong-Macao Greater Bay Area – Best Financial Services Award” by Hong Kong Ta Kung Wen Wei Media Group in the fourth “Pilot 9+2” Guangdong-Hong Kong-Macao Greater Bay Area Development Forum and Award Ceremony.
  • This recognition marks the second time AMTD IDEA being awarded with the Best Financial Services Award since it received the same award while Dr. Calvin Choi, Chairman of AMTD Group and Founder of AMTD IDEA, won “the Guangdong-Hong Kong-Macao Greater Bay Area Outstanding Contribution Award (Individual)” from the inaugural “Pilot 9+2” Guangdong-Hong Kong-Macao Greater Bay Area Development Forum in 2021.
  • Dr. Feridun Hamdullahpur, Chairman of AMTD IDEA commented: “I am proud of AMTD’s recognition by the Hong Kong Ta Kung Wen Wei Media Group.
  • This award is well deserved for AMTD IDEA as AMTD has always been committed to promoting the developments of a sustainable economy in Hong Kong and the Greater Bay Area.”
    William Fung, CEO of AMTD IDEA added, “AMTD endeavours to play a role of super connector leveraging Hong Kong's advantages as an international financial centre and promoting closer cooperation between cities in the region.

AMTD Movie “Goldfinger” will be Globally Released tomorrow across U.S., Canada, U.K., Australia, New Zealand, and major cities across Asia

Retrieved on: 
Friday, December 29, 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 excited to announce that a new movie titled “The Goldfinger” (“Movie”) will be released globally to public across P.R.C., Hong Kong SAR, Macau SAR, China Taiwan, Singapore, Malaysia, Australia, New Zealand, UK, USA, and Canada, etc.

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 excited to announce that a new movie titled “The Goldfinger” (“Movie”) will be released globally to public across P.R.C., Hong Kong SAR, Macau SAR, China Taiwan, Singapore, Malaysia, Australia, New Zealand, UK, USA, and Canada, etc.
  • on December 30, 2023.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20231229567682/en/
    AMTD serves as a Co-production company of the Movie, and Dr. Calvin Choi, Global Chairman of AMTD Group, L’Officiel and The Art Newspaper, and Founder of AMTD IDEA Group and AMTD Digital, serves as a Co-Executive producer.

AMTD IDEA Recorded Solid Performance With 47.4% Increase In Net Assets to US$1.5 Billion; A 8.6% Increase In Total Revenue to US$128.0 Million

Retrieved on: 
Thursday, December 28, 2023

Coinciding with the announcement, AMTD IDEA also announced the migration of its headquarters and principal executive office to Paris, France.

Key Points: 
  • Coinciding with the announcement, AMTD IDEA also announced the migration of its headquarters and principal executive office to Paris, France.
  • The transaction was completed on February 6, 2023 and AMTD Assets became a subsidiary of the Company.
  • In August 2023, the Company, AMTD Group and its subsidiary AMTD Digital Inc. officially established AMTD World Media and Entertainment Group (“AMTD WME”).
  • This was due to the incremental costs in connection to the post-acquisition operations of AMTD Digital Inc., L’Officiel and AMTD Assets.

Xue Mo Discusses Creative Writing: Embracing Hong Kong as a New "Landmark" for Future Inspirations

Retrieved on: 
Tuesday, December 26, 2023

This statement came during a recent reader interaction at Chung Hwa Book Store's Yau Ma Tei branch in Hong Kong on December 18, 2023.

Key Points: 
  • This statement came during a recent reader interaction at Chung Hwa Book Store's Yau Ma Tei branch in Hong Kong on December 18, 2023.
  • "Of all my novels, 'Qiang Village' might not be the best, but it's certainly the most unique," Xue Mo proudly introduced his latest work to the audience.
  • He expressed his hope to make Hong Kong his new "landmark" for future inspirations, drawing from its vibrant energy to enrich his future works.
  • This book sharing session was co-sponsored by Hong Kong Zhonghua International Media Publishing Group and Hong Kong Shangpa Culture Distribution Co., Ltd.

L’Officiel Art and AMTD IDEA, in Partnership with ENVISEAM, Hosts an Exclusive VIP Event to Celebrate the Successful Collaboration between Christie’s and Jay Chou on this Autumn’s Post- Millennium Evening Sale

Retrieved on: 
Wednesday, November 29, 2023

Meticulously handpicked by Jay Chou and Christie’s Hong Kong, this thematic auction featured a selection of extraordinary and pioneering works created after the millennium by talented avantgarde artists.

Key Points: 
  • Meticulously handpicked by Jay Chou and Christie’s Hong Kong, this thematic auction featured a selection of extraordinary and pioneering works created after the millennium by talented avantgarde artists.
  • This exclusive cocktail celebration becomes a nexus where sophistication converges with creativity, offering attendees an experience that encapsulates the blending of fine art, entertainment, and fashion.
  • AMTD WME comprises L’Officiel Inc. SAS, The Art Newspaper, DigFin, various movie and entertainment projects, and L’OfficielCoffee, forming a diverse business portfolio.
  • Further information regarding these and other risks is included in the filings of AMTD IDEA Group and/or AMTD Digital Inc. with the SEC.