Articles from AMTD IDEA Group

AMTD's Movie “The Last Dance” Hong Kong and Macau Box Office Exceeded HK$65M and Broke Multiple Records
AMTD Group Inc., AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), and World Media and Entertainment Group (“WME”), the multi-media, entertainment and cultures platform of AMTD Group, are proud to announce that, "The Last Dance", the new movie produced by WME, enjoys enormous widespread acclaim following its release in Hong Kong SAR and Macau SAR. Not only has it shattered 9 major Hong Kong movie records, but its Hong Kong and Macau box office has also exceeded 65 million HKD within eleven days after the public release.
By AMTD IDEA Group · Via Business Wire · November 19, 2024
AMTD Announces the Launch of L’Officiel Japan
AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), and L’Officiel Group Inc. (“L’Officiel”), are thrilled to announce that L’Officiel, a renowned French fashion media group with a legacy of more than 100 years, launched its inaugural Japan Issue with both digital and print versions, as well as extensive contents shared across various social media platforms including Instagram, Threads, Facebook, and X. This entry into the Japanese luxury market is made in collaboration with Asahi Shimbun Publications Inc., a subsidiary of The Asahi Shimbun Company, one of the largest newspaper companies in Japan.
By AMTD IDEA Group · Via Business Wire · October 10, 2024
AMTD IDEA Rings NYSE Closing Bell to Celebrate 5th Anniversary of Listing
AMTD IDEA Group (“AMTD IDEA Group” or the “Company”) (NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Inc. (“AMTD Group”), was invited by the New York Stock Exchange (“NYSE”) to ring the closing bell on August 5 to celebrate its fifth listing anniversary. In honor of the occasion, Dr. Calvin Choi, the founder of AMTD IDEA, rang the closing bell, and Stefan Jekyl, Head of International Listings, NYSE, witnessed this key milestone in the Company’s history.
By AMTD IDEA Group · Via Business Wire · August 16, 2024
AMTD’s Timothy Tong Receives Silver Bauhinia Star Granted by the Hong Kong SAR Government
AMTD IDEA Group (“AMTD IDEA Group” or the “Company”) (NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Inc. (“AMTD Group”), proudly announced that, Prof. Timothy Tong, Board Director of the Company, Chairman of AMTD Digital Inc. (NYSE: HKD), and the CEO of AMTD Charity Foundation, was honoured “Silver Bauhinia Star” by the Government of the Hong Kong SAR on July 1st, 2024. This is another important recognition to AMTD team following Dr. Calvin Choi, Founder of the new AMTD in 2016 being bestowed the “Knight - Order of Arts and Letters”, and Prof. Feridun Hamdullahpur, Chairman of AMTD IDEA Group and Board Director of AMTD Digital Inc. being granted “Order of Canada”, last year.
By AMTD IDEA Group · Via Business Wire · July 2, 2024
AMTD IDEA Group Filed 2023 Annual Report on Form 20-F
AMTD IDEA Group (“AMTD IDEA” or the “Company”, NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Inc., today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission on May 13, 2024. The annual report is available on the Company’s investor relations website at http://ir.amtdinc.com.
By AMTD IDEA Group · Via Business Wire · May 13, 2024
AMTD IDEA Completed Its Auditor Rotation Process
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.
By AMTD IDEA Group · Via Business Wire · April 30, 2024
AMTD IDEA Group Announces a New Share Repurchase Program
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.
By AMTD IDEA Group · Via Business Wire · February 14, 2024
AMTD IDEA Successfully Completed Its Share Repurchase Program
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.
By AMTD IDEA Group · Via Business Wire · February 5, 2024
AMTD IDEA Awarded “Best Financial Services” Recognition
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.
By AMTD IDEA Group · Via Business Wire · January 5, 2024
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
AMTD IDEA Group (“AMTD IDEA” or the “Company”, NYSE: AMTD;SGX: HKB), a NYSE and SGX-ST dual listed company and a controlling shareholder of AMTD Digital, today announced its unaudited financial results for the six months ended June 30, 2023. Coinciding with the announcement, AMTD IDEA also announced the migration of its headquarters and principal executive office to Paris, France.
By AMTD IDEA Group · Via Business Wire · December 28, 2023
AMTD IDEA achieved 2.5 times digital media & entertainment revenue in the first half of 2023
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA” or the “Company”) today announced a positive profit estimate for the six months ended June 30, 2023:
By AMTD IDEA Group · Via Business Wire · November 28, 2023
AMTD IDEA Group Announces ADS Ratio Change
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA” or the “Company”), today announced that it will change the ratio of its American depositary shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio Change”), par value US$0.0001 per share, from one (1) ADS representing two (2) Class A ordinary shares to one (1) ADS representing six (6) Class A ordinary shares, effective on or about November 17, 2023, U.S. Eastern Time (the “Effective Date”).
By AMTD IDEA Group · Via Business Wire · November 7, 2023
AMTD IDEA Earmarks 70% of the Share Repurchase Program’s Total Approved Amount in October and November, 2023
AMTD IDEA Group ("AMTD IDEA" or "Company", NYSE: AMTD; SGX: HKB), announced yesterday that the Company’s board of directors has authorized an extension of the existing share repurchase authority under the share repurchase program (the “Program”) previously announced on August 22, 2023 and updated on September 22, 2023, to cover a longer period until the end of the last business day of the first quarter in 2024, U.S. Eastern Time.
By AMTD IDEA Group · Via Business Wire · October 25, 2023
AMTD IDEA Extends Share Repurchase Program till end of 1st Quarter in 2024
AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that the Company’s board of directors have authorized an extension of the existing share repurchase authority under the share repurchase program previously announced on August 22, 2023 and updated on September 22, 2023, until the end of the last business day of the first quarter in 2024, U.S. Eastern Time.
By AMTD IDEA Group · Via Business Wire · October 24, 2023
AMTD IDEA Group Increases Share Repurchase Program by US$20 million
AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that the Company’s board of directors have authorized an increase to the existing share repurchase authority under the share repurchase program previously announced on August 22, 2023 in the amount of US$20 million. As a result, the Company may repurchase up to US$40 million of its American depositary shares or ordinary shares under the said program until the close of business on December 29, 2023, U.S. Eastern Time.
By AMTD IDEA Group · Via Business Wire · September 22, 2023
AMTD IDEA Group Announces US$20million Share Repurchase Program
AMTD IDEA Group (“AMTD IDEA” or “Company”, NYSE: AMTD; SGX: HKB) announced today that its board of directors have 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 close of business on December 29, 2023, 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.
By AMTD IDEA Group · Via Business Wire · August 22, 2023
AMTD IDEA shines at the FinanceAsia award ceremony as the “Best Overall Company - Gold”, “Best Mid-cap - Gold”, top the list of Singapore listed companies across Asia by FinanceAsia
AMTD IDEA Group (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. (formerly known as AMTD Group Company Limited and hereinafter referred as “AMTD Group”), has been granted “Best Managed Company-Gold” and “Best Mid-Cap Company - Gold” Awards amongst Singapore listed companies across Asia by FinanceAsia in its “23rd Best Companies in Asia Poll”. The Awards were presented to AMTD IDEA Group at the Awards Ceremony held in Hong Kong. AMTD IDEA Group’s Chairman Dr. Feridun Hamdullahpur, CEO William Fung, CFO Xavier Zee, L’Officiel’s Global Chief of Staff and Asia CEO Ken Lo, L’Officiel Asia Managing Director Denise Lau attended the awards ceremony and represented AMTD IDEA Group.
By AMTD IDEA Group · Via Business Wire · July 3, 2023
AMTD IDEA scored “Best Mid-cap - Gold” and “Best Overall Company - Gold” Awards, top the list of Singapore listed companies by FinanceAsia
AMTD IDEA Group (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. (formerly known as AMTD Group Company Limited and hereinafter referred as “AMTD Group”), has been granted “Best Mid-Cap Company - Gold” and “Best Overall Company-Gold” Awards amongst Singapore listed companies by FinanceAsia in its “23rd Best Companies in Asia Poll”.
By AMTD IDEA Group · Via Business Wire · June 9, 2023
AMTD Singapore hotel is proud to set up signage display on top of the building to showcase brand values
AMTD IDEA Group (NYSE: AMTD; SGX: HKB), together with our subsidiary, AMTD Digital Inc. (NYSE: HKD; “AMTD Digital”), are happy to announce that the Singapore Building and Construction Authority (BCA) has granted us the License Permit to display and showcase “DAO AMTD” signage on top of the DAO by Dorsett AMTD Singapore.
By AMTD IDEA Group · Via Business Wire · May 2, 2023
AMTD IDEA Group Filed 2022 Annual Report on Form 20-F
AMTD IDEA Group (“AMTD IDEA” or the “Company”, NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Inc., today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission on April 28, 2023. The annual report is available on the Company’s investor relations website at http://ir.amtdinc.com.
By AMTD IDEA Group · Via Business Wire · April 28, 2023
AMTD to Launch “LA REVUE DES MONTRES” in Singapore with L’Officiel Inc. SAS upon permission given by the Singapore Registrar of Newspapers to publish locally
Following L’OFFICIEL Inc. SAS (a subsidiary of AMTD IDEA Group NYSE: AMTD; SGX: HKB)’s successful recruitment of a full team of experienced professionals and local experts in Singapore and Malaysia to set the foundation for a new and powerful launch under the direct owner’s model, AMTD Digital Media Solutions Pte. Ltd. (now renamed as L’Officiel Singapore Pte. Ltd.) is pleased to announce that permission has been granted by the Singapore Registrar of Newspapers to publish the magazine namely “LA REVUE DES MONTRES”. This is another milestone in the evolution of L’Officiel in Asia, developing the direct owner’s model and integrating various media brands globally. AMTD IDEA Group together with AMTD Digital Inc. are excited to continue working with its allies and trusted business partners, to launch a refreshed and unique L’Officiel range of products to the Singapore market under one global IP, one global media platform and one global rollout plan.
By AMTD IDEA Group · Via Business Wire · April 25, 2023
AMTD IDEA Group Achieved a 22.74% Increase in Core Revenue and Successfully Announced the First Set of Consolidated Annual Financials Including AMTD Digital Inc. and L’Officiel Inc. SAS
AMTD IDEA Group (“AMTD IDEA” or the “Company”, NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Inc. (“AMTD Group” or the “Group”), today announced its audited financial results for the fiscal year ended December 31, 2022.
By AMTD IDEA Group · Via Business Wire · April 21, 2023
AMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday’s Closing Price
AMTD IDEA Group (“AMTD IDEA” or the “Company”) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. and a New York and Singapore dual listed company, today announced that it has successfully entered into share subscription agreements with certain selected investors ( “Investors”). The Investors agreed to subscribe for and purchase from the Company a total of 90,000,000 newly issued Class A ordinary shares of the Company at a 21.07% premium above yesterday’s closing price. The Company will raise a total of US$93.6 million in proceeds, The Company believes the proposed investment is reflective of investors’ confidence in the Company and trust in its future prospect.
By AMTD IDEA Group · Via Business Wire · April 20, 2023
AMTD IDEA Group’s Retirement Fund (Mandatory Provident Fund, “MPF”) Schemes Achieved Five Awards from MPF Ratings
AMTD IDEA Group (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Inc. (formerly known as AMTD Group Company Limited and hereinafter referred as “AMTD Group”), has been recognised for the exceptional performance of its MPF schemes with five of “The 2023 MPF Awards” by MPF Ratings.
By AMTD IDEA Group · Via Business Wire · March 24, 2023
Important International Recognition Bestowed upon AMTD Team
Recently, an award ceremony was held at the Residence of France in Hong Kong, where Dr. Calvin Choi, Chairman of AMTD Group Inc. (“AMTD Group”), and Founder of AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital (NYSE: HKD), was bestowed the “Knight - Order of Arts and Letters” by Christile Drulhe, the Consul General of France in Hong Kong and Macau, for his outstanding work bridging China and France through art and culture.
By AMTD IDEA Group · Via Business Wire · February 28, 2023