AMTD Group Inc. ("AMTD Group"), AMTD IDEA Group ("AMTD IDEA") (NYSE:AMTD, SGX: HKB)), AMTD Digital Inc. ("AMTD Digital") (NYSE:HKD) and The Generation Essentials Group ("TGE") (NYSE:TGE, LSE: TGE)), a subsidiary of AMTD Digital, jointly (altogether, the "Group" or "AMTD") announce that, during this year, the Group has successfully completed the acquisitions of four hotels: The Ritz-Carlton, Perth; AMTD IDEA Tribeca Hotel in New York; AMTD Dao by Dorsett Hornsey in London; and AMTD IDEA KL Hotel in Kuala Lumpur, for a total consideration of approximately US$207 million.

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