TGE acquires interests in four hotels from AMTD Digital for $209.77 million
TGE•The Generation Essentials Group acquired interests in four hotels from AMTD Digital for $209.77 million on November 2, 2026, paying with 198,630,381 newly issued Class A ordinary shares. The issuance raised AMTD Digital’s stake to 88.2% of outstanding shares and 91.1% of voting power.
1. Hotel interests acquired
The Generation Essentials Group acquired interests in four hotels from AMTD Digital for $209.77 million on November 2, 2026. Payment comprised 198,630,381 newly issued Class A ordinary shares, bringing AMTD Digital’s ownership to 88.2% of outstanding shares and 91.1% of voting power.
