AMTD IDEA Group (AMTD) Announces $93.6M Investment
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AMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday’s Closing Price
April 20, 2023 7:17 PM EDTNEW YORK & HONG KONG & SINGAPORE--(BUSINESS WIRE)-- 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 yesterdays closing price. The Company will raise a total of US$93.6 million in proceeds, The... More
