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AMTD Group Inc. ("AMTD Group"), AMTD IDEA Group (NYSE:AMTD, SGX: HKB))), AMTD Digital Inc. (NYSE:HKD) and The Generation Essentials Group ((", TGE", , NYSE:TGE), a subsidiary of AMTD Digital Inc., jointly announce that TGE has entered into a definitive agreement with the seller to acquire a hotel in Kuala Lumpur. Closing of the deal is subject to customary closing conditions.
Located in Kuala Lumpur's main commercial and business district, the hotel is connected via a link bridge to Sunway Putra Mall and the Putra World Trade Centre. It offers 135 hotel rooms, a fully equipped gym, a library, and a rooftop infinity pool on the 37th floor that provides stunning, panoramic views of the Kuala Lumpur city centre skyline.
This acquisition marks another milestone for TGE in its global hospitality expansion, following its recently announced entry into United States and Australia.
