AMTD News & Events

AMTD IDEA Group announced the successful acquisition of the Dao by Dorsett Hornsey Hotel in Crouch End, London, for approximately $30M. The acquisition was completed without utilizing any external financing, including the term loan facility made available to AMTD IDEA relating to this transaction. The Dao by Dorsett Hornsey Hotel is situated within the restored Grade II listed Hornsey Town Hall complex and comprises 68 serviced apartments and hotel rooms for mixed use purposes, including a mix of studios and suites. Following completion, the hotel will be renamed AMTD Dao by Dorsett Hornsey, becoming AMTD's fifth branded hotel. AMTD IDEA also entered into a definitive agreement to acquire the historic Hornsey Town Hall, a 1930s London civic landmark comprising an Assembly Hall, Council Chamber, Committee Room, rooftop bar, cinema, town hall square and a variety of flexible event spaces and workspaces, for $33M. Following the acquisition, AMTD plans to leverage its strengths as a fashion and art media company to introduce and connect art festivals and cultural initiatives to Hornsey Town Hall. The closing of the transaction is subject to customary closing conditions and is expected to take place in the near future.

AMTD IDEA Group entered into a definitive agreement to acquire the London office tower located at 40 Furnival Street, London, for a total effective consideration of around $17M. The acquisition is expected to be completed without utilizing any external financing, including the term loan facility made available to AMTD IDEA relating to this transaction as previously announced. The building comprises approximately 9,646 sq ft Grade A office and ancillary accommodation. Upon completion of the acquisition, the property is expected to serve as one of the global headquarters of AMTD, The Art Newspaper, and L'Officiel. The closing of the transaction is expected to take place in the near future.

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, a subsidiary of AMTD Group, announced that AMTD Group and all of AMTD IDEA Group's directors and executive officers have entered into a voluntary lock-up arrangement in respect of its holdings in AMTD IDEA Group. Specifically, each of them has undertaken not to sell any equity securities its owns in AMTD IDEA Group in the open market for 2 years commencing on the date of this press release.