TGE News & Events

AMTD IDEA Group (AMTD), a subsidiary of AMTD Group, announced that it plans to declare and distribute stock dividends by way of shares of its listed subsidiaries to shareholders and holders of American depositary shares of AMTD IDEA Group. Since its initial public offering on the NYSE in 2019, AMTD IDEA Group has expanded its operations and businesses significantly, evolving into the parent company of various other listed entities. A key subsidiary, AMTD Digital (HKD) consummated its initial public offering on the NYSE in 2022. The Generation Essentials Group (TGE), a subsidiary of AMTD Digital consummated its business combination with Black Spade Acquisition II (BSII), a special purpose acquisition company, in June 2025 and is currently listing its shares and warrants on the NYSE and NYSE American, respectively. The Generation Essentials Group is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services, comprising L'Officiel, The Art Newspaper, movie and entertainment projects. As part of its growth strategy, AMTD IDEA Group has also established an initiative to sponsor and control SPACs, with the intention that these vehicles will raise capital from public markets and subsequently acquire operating businesses through business combinations.

AMTD IDEA Group (AMTD), AMTD Digital (HKD), AMTD Group and The Generation Essentials Group (TGE), a subsidiary of AMTD Digital, jointly announce that AMTD IDEA Group has commenced legal action against Mr Benjamin Eymere of the Jalou Family, in connection with serious defamatory action against the Group, as well as misconduct including bad faith harassment of the Group's staff and executives. Eymere was a former employee of a subsidiary of the Group, and he was summarily dismissed due to misconduct and mismanagement. He attempted to file an appeal in the Paris Court, but his actions have been continuously dismissed. Eymere's recent actions involving misconduct and bad faith have required AMTD to take legal actions in relation to the Group's L'Officiel and AMTD IDEA brands, which have been recently mentioned in certain press and social media publications. AMTD has already made formal reports to law enforcement authorities in connection with Eymere's present and past misconduct.

AMTD Group, AMTD IDEA Group (AMTD), AMTD Digital (HKD) and The Generation Essentials Group (TGE) announced jointly that TGE has executed the sale and purchase agreement for the acquisition of the Hilton Garden Inn New York City Tribeca. The Hilton Garden Inn New York City Tribeca, located at 39 6th Ave, New York, NY 10013, features 151 spacious rooms and suites, along with a full fitness center, 5,000 square feet of retail space, and convenient subway access. TGE has completed the irrevocable deposit, with the goal of closing the acquisition of this hotel within the next two months.

AMTD Group (AMTD), AMTD Digital (HKD) and The Generation Essentials Group (TGE), a subsidiary of AMTD Digital, announce jointly the successful execution of a sales and purchase agreement for the 100% acquisition of the Hilton Garden Inn New York City Tribeca. Closing of the acquisition is subject to customary closing conditions. Having created the size and magnitude of a fast growing and a globally independent hotel group, TGE celebrates 2025 as a pivotal year for expanding its hospitality business sector, TGE has 4 acquisition deals announced in major cities around the world within the financial year 2025. The successful execution of the SPA of the New York hotel stands out as a significant milestone as TGE closes out the year.