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AMTD Group Inc. Announces the Adoption of a Completely Independent and Non-Executive Board Structure and an Innovative CEO Rotation System Across the Group

Retrieved on:

Tuesday, April 30, 2024

Finance, Banking, Professional Services, Other Professional Services, Fintech, SGX, Thought, Workplace, AMTD Digital, AMTD, Philosophy, Growth, HKB, HKD, Management

AMTD Group Inc. (“AMTD Group”), the controlling shareholder of AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”) today announced the introduction and adoption of an innovative system through which the CEOs of all of its operating companies and key subsidiaries, including AMTD IDEA and AMTD Digital, will be appointed by the Executive Management Committee (“EMC”) of the applicable entities on a rotational basis.

Key Points:

AMTD Group Inc. (“AMTD Group”), the controlling shareholder of AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”) today announced the introduction and adoption of an innovative system through which the CEOs of all of its operating companies and key subsidiaries, including AMTD IDEA and AMTD Digital, will be appointed by the Executive Management Committee (“EMC”) of the applicable entities on a rotational basis.
This philosophy of shared leadership is reflected in the new feature which forms the core foundation of the rotating CEO mechanism.
Through this rotation program, AMTD Group will maximize the values from the collective wisdom and stepped-up efforts to groom and nurture the next-level leaders.
Dr. Feridun Hamdullahpur, the independent chairman of AMTD IDEA commented “The entire AMTD organization is built upon innovative thinking.

AMTD Group Inc. Announces the Adoption of a Completely Independent and Non-Executive Board Structure and an Innovative CEO Rotation System Across the Group

Retrieved on:

Tuesday, April 30, 2024

Professional Services, Digital Marketing, Business, Communications, Finance, Content Marketing, Media, SGX, Thought, Workplace, AMTD Digital, AMTD, Philosophy, Growth, HKB, HKD, Management

AMTD Group Inc. (“AMTD Group”), the controlling shareholder of AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”) today announced the introduction and adoption of an innovative system through which the CEOs of all of its operating companies and key subsidiaries, including AMTD IDEA and AMTD Digital, will be appointed by the Executive Management Committee (“EMC”) of the applicable entities on a rotational basis.

Key Points:

AMTD Group Inc. (“AMTD Group”), the controlling shareholder of AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”) today announced the introduction and adoption of an innovative system through which the CEOs of all of its operating companies and key subsidiaries, including AMTD IDEA and AMTD Digital, will be appointed by the Executive Management Committee (“EMC”) of the applicable entities on a rotational basis.
This philosophy of shared leadership is reflected in the new feature which forms the core foundation of the rotating CEO mechanism.
Through this rotation program, AMTD Group will maximize the values from the collective wisdom and stepped-up efforts to groom and nurture the next-level leaders.
Dr. Feridun Hamdullahpur, the independent chairman of AMTD IDEA commented, “The entire AMTD organization is built upon innovative thinking.

AMTD Digital Announces Change of Fiscal Year End

Retrieved on:

Tuesday, April 30, 2024

Marketing, Content Marketing, Communications, Media, Digital Marketing, Calendar, AMTD, HKD

AMTD Digital Inc. (“AMTD Digital” or the “Company”) (NYSE: HKD) announced today that the Company’s board of directors approved the change of the Company’s fiscal year end from April 30 to October 31.

Key Points:

AMTD Digital Inc. (“AMTD Digital” or the “Company”) (NYSE: HKD) announced today that the Company’s board of directors approved the change of the Company’s fiscal year end from April 30 to October 31.
Taking into consideration the continual global expansion of AMTD Group Inc. ("AMTD Group"), being the controlling shareholder of the Company, AMTD Group is realigning the various fiscal calendar year-end dates of its subsidiaries.
The Company is adjusting its fiscal year-end date to October 31 accordingly.
The change of fiscal year-end is effective immediately.

AMTD Digital Recorded Solid Half Yearly Performance

Retrieved on:

Tuesday, April 30, 2024

AMTD Digital Inc. (“AMTD Digital” or the “Company”, NYSE: HKD), a NYSE-listed company and also a comprehensive digital solutions and global hospitality and VIP services platform headquartered in France, today announced its unaudited financial results for the six months ended October 31, 2023.

Key Points:

AMTD Digital Inc. (“AMTD Digital” or the “Company”, NYSE: HKD), a NYSE-listed company and also a comprehensive digital solutions and global hospitality and VIP services platform headquartered in France, today announced its unaudited financial results for the six months ended October 31, 2023.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France.
Its one-stop digital solutions platform operates four main business lines including digital solutions services, digital media, content and marketing services, digital investments as well as hospitality and VIP services.
Further information regarding these and other risks is included in the filings of AMTD Digital Inc. with the SEC.

AMTD Digital Announces a New Share Repurchase Program

Retrieved on:

Wednesday, February 14, 2024

Professional Services, Marketing, Digital Marketing, Communications, Finance, Content Marketing, Fintech, Share repurchase, Security (finance), AMTD

AMTD Digital Inc. (“AMTD Digital” or “Company”) (NYSE: HKD), 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 Digital Inc. (“AMTD Digital” or “Company”) (NYSE: HKD), 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 Digital Successfully Completed Its Share Repurchase Program

Retrieved on:

Monday, February 5, 2024

Digital Marketing, Finance, Media, Marketing, Content Marketing, Communications, Professional Services, Fintech, AMTD, Independent

AMTD Digital Inc. (“AMTD Digital” or “Company”) (NYSE: HKD), announced today that the Company has successfully completed the repurchase of all of the shares authorised under the US$50 million repurchase program previously announced.

Key Points:

AMTD Digital Inc. (“AMTD Digital” or “Company”) (NYSE: HKD), announced today that the Company has successfully completed the repurchase of all of the shares authorised under the US$50 million repurchase program previously announced.
The board of directors is fully confident about the long-term sustainable developments of the Company and will be announcing and rolling out additional repurchase programme as the board sees fit and necessary.
Dr. Timothy Tong, Independent Chairman of the Company, commented, “We are committed to achieving long term sustainable values of the American depositary shares of the Company and we are confident that we will continue to build a strong and diverse business platform in the global market.”

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

Retrieved on:

Friday, January 26, 2024

Technology, Content Marketing, Entertainment, Communications, Mobile Entertainment, Networks, Film & Motion Pictures, Digital Marketing, Licensing (Entertainment), AMTD, HKB, City, VIP, SGX, HKD, Nature

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 Digital’s Half Yearly Net Profit is Estimated to Increase over 150% Year over Year

Retrieved on:

Thursday, January 25, 2024

Total net profit for the six months ended October 31, 2023 is estimated to increase by over 150% year over year.

Key Points:

Total net profit for the six months ended October 31, 2023 is estimated to increase by over 150% year over year.
Net profit of the Company for the six months ended October 31, 2023 is estimated to be over US$27 million.
Due to strong leadership and diligent management of AMTD Digital executive team, year-over-year net profit growth of more than 150% was achieved despite the aforementioned-challenges.
Further, through the injection of AMTD Assets Group by the controlling shareholder, AMTD IDEA Group, resulted in enhanced net profit.

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

General Entertainment, Entertainment, Film & Motion Pictures, HKD, AMTD Digital, Multimedia, The Art Newspaper, SGX, HKB, AMTD

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.