Paris, New York, and LondonJune 11, 2026 /PRNewswire/ — AMTD Group Company Limited (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD), and The Generation Essentials Group (“TGE”, NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., jointly announced that TGE has reduced leverage on its hotel asset portfolio by repaying a loan of HKD 89.5 million (approximately USD 11.4 million) in cash, further optimizing its asset-liability structure.
This debt reduction reflects the ongoing strategic objectives of TGE and the broader AMTD Group to strengthen the balance sheet by continuously lowering leverage, enhancing asset quality through the acquisition and management of premium hotel assets, and improving overall investment returns. By focusing on deleveraging and consolidating a solid asset base, TGE aims to build a more resilient corporate platform, creating sustainable long-term value for shareholders.
About AMTD Group
AMTD Group is a comprehensive 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, investors, and global markets. Its integrated one-stop business and digital solutions platform caters to 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, portfolio 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 Inc.
AMTD Digital Inc. (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 Inc. (NYSE: HKD), and is headquartered in France. TGE operates with a global vision, delving into multimedia, entertainment and culture, as well as 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 serves as a sponsor for 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. Such 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 Inc., and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. For additional information regarding these and other risks, please refer to the filings of AMTD IDEA Group, AMTD Digital Inc., and The Generation Essentials Group with the U.S. Securities and Exchange Commission (SEC). The information contained in this press release is provided only as of the date of this release, and the aforementioned companies undertake no obligation to update any forward-looking statements, except as required under applicable law.
For inquiries, please contact: