AMTD DIGITAL INC.


Associated tags: AMTD Digital, Ecosystem, AMTD, HKD, NYSE, Communications, SGX, Professional Services, IDEAS Group, Digital Marketing, HKB, Finance, Content Marketing, Entertainment, Media, Fintech

Locations: ASIA PACIFIC, HONG KONG, SINGAPORE, CANADA, LONDON, MOSCOW, GREECE, LOS ANGELES, RUSSIA, PARIS, EUROPE, UNITED STATES, NORTH AMERICA, FRANCE, NEW YORK

AMTD IDEA Completed Its Auditor Rotation Process

Retrieved on: 
Tuesday, April 30, 2024

AMTD IDEA Group (“AMTD IDEA” or the “Company,” NYSE: AMTD; SGX: HKB) announced that its board of directors and the audit committee have approved the change of its independent registered public accounting firm from Deloitte Touche Tohmatsu to Audit Alliance LLP (“Audit Alliance”), effective on April 22, 2024.

Key Points: 
  • AMTD IDEA Group (“AMTD IDEA” or the “Company,” NYSE: AMTD; SGX: HKB) announced that its board of directors and the audit committee have approved the change of its independent registered public accounting firm from Deloitte Touche Tohmatsu to Audit Alliance LLP (“Audit Alliance”), effective on April 22, 2024.
  • The Company appointed Audit Alliance as its independent registered public accounting firm to audit the consolidated financial statements of the Company as of and for the fiscal year ended December 31, 2023.
  • This change was initiated, supervised and approved by the audit committee to conform with international best practices on auditor independence.
  • The Company’s appointment of Audit Alliance as its independent registered public accounting firm is in line with the auditor rotation policy as well as dismissal and appointment criterion and standards as governed and administered by the audit committee.

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

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

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

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

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 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.”

AMTD Digital Successfully Completed Its Share Repurchase Program

Retrieved on: 
Monday, February 5, 2024

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.”