Paris, New York, and LondonMay 30, 2026 /PRNewswire/ — AMTD Group Inc., AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD), and AMTD Digital’s subsidiary The Generation Essentials Group (“TGE”, NYSE: TGE; LSE: TGE) (collectively referred to as “AMTD”) jointly announced that TGE has successfully completed the acquisition of a controlling stake in the Upper View Regalia Hotel in Kuala Lumpur, Malaysia, for a total consideration of US$38 million.
Located at No. 2 Jalan Anjung Putra, Off Jalan Sultan Ismail, 50480, Kuala Lumpur, Malaysia, the Upper View Regalia Hotel sits in the heart of Kuala Lumpur’s central business district, offering convenient access. It is just a few minutes’ walk from Sunway Putra Mall and the Putra World Trade Centre (PWTC), adjacent to the Open University Malaysia, and provides easy connectivity to major landmarks in Kuala Lumpur.
The hotel features 129 rooms and 80 parking spaces, along with a distinctive high-altitude infinity pool offering panoramic views of Kuala Lumpur day and night. Following the acquisition, the hotel will undergo a comprehensive renovation, with the addition of an AMTD-branded rooftop sign, officially integrating it into the AMTD brand hotel portfolio. This complements the iclub AMTD Sheung Wan Hotel in Hong Kong, Dao by Dorsett AMTD Singapore, and the AMTD IDEA Tribeca Hotel in New York.
AMTD’s branded hotels primarily serve global professionals and local communities seeking high-quality lifestyles and travel experiences. Malaysia, with its robust economic growth, strong consumer spending power, and a large overseas Chinese-speaking population, is a core strategic market for AMTD. The company is committed to meeting the evolving travel and accommodation needs of Malaysia’s growing Chinese community and diverse Asian groups.
This hotel investment further solidifies AMTD’s long-term strategic presence in the Malaysian market. In the film sector, AMTD produced the Malaysian movie “Mother Bhumi,” directed by renowned filmmaker Chong Keat Aun and starring Fan Bingbing, with AMTD founder Dr. Calvin Choi serving as executive producer. The film achieved both critical and commercial success, winning three awards at the 62nd Golden Horse Awards: Best Leading Actress for Fan Bingbing, Best Cinematography, and Best Original Film Song. Recently, the Yang di-Pertuan Agong of Malaysia, Sultan Ibrahim Iskandar, received Fan Bingbing and the “Mother Bhumi” creative team at Istana Pasir Pelangi. Additionally, AMTD’s publications, including L’OFFICIEL (women’s fashion), L’OFFICIEL Hommes (men’s fashion), and the luxury watch magazine LA REVUE DES MONTRES, are performing well in the Malaysian market, deeply integrating into local fashion, culture, and lifestyle circles. From entering the market through film and media to now establishing a physical hotel presence, AMTD adheres to a localized development approach, aiming to create long-term sustainable value in Malaysia.
The successful completion of this transaction marks another significant strategic milestone for TGE in expanding its hotel portfolio. Following the deal, AMTD’s global hotel room count has reached nearly 1,000, further strengthening its expanding business footprint and continued growth in the global hospitality sector.
About AMTD Group
AMTD Group is a diversified conglomerate with core businesses spanning media and entertainment, education and training, and real estate investment and management.
About AMTD IDEA Group
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) is a diversified institutional and digital solutions group that builds bridges between enterprises and investors and global markets. Its comprehensive one-stop business and digital solutions platform addresses the diverse and interconnected business and digital needs of clients at various stages of their lifecycle. As an active “super-connector,” AMTD IDEA Group bridges clients, business partners, investee companies, and investors, connecting Eastern and Western markets. For more information, please visit www.amtdinc.com or follow @AMTDGroup on X (formerly Twitter).
About AMTD Digital
AMTD Digital (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital platform covers key business segments including digital media, content and marketing services, investments, and hospitality and VIP services. For company announcements, please visit: https://ir.amtdigital.net/investor-news.
About The Generation Essentials Group
The Generation Essentials Group (NYSE: TGE; LSE: TGE) was co-founded by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB), and AMTD Digital (NYSE: HKD), and is headquartered in France. TGE operates with a global vision, focusing on multimedia, entertainment and culture, and hospitality and VIP services. It brings together internationally renowned media brands such as L’Officiel and The Art Newspaper, along with film and entertainment projects, forming a diversified business matrix spanning media, entertainment, and hospitality. Additionally, TGE is a sponsor of special purpose acquisition companies (SPACs), with its first SPAC successfully priced and listed on December 18, 2025.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can often be identified by words such as “will,” “expect,” “anticipate,” “target,” “future,” “intend,” “plan,” “believe,” “estimate,” “may,” and similar expressions. Statements other than historical facts, including statements regarding the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital, and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. For more information on these and other risks, please refer to the filings of AMTD IDEA Group, AMTD Digital, and The Generation Essentials Group with the U.S. Securities and Exchange Commission (SEC). The information contained in this press release is provided as of the date hereof, and the companies mentioned assume no obligation to update any forward-looking statements, except as required by applicable law.
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