AMTD Digital injects four hotels into TGE for $209.8M in stock

AMTD Digital transferred to TGE its interests in the AMTD IDEA Tribeca Hotel, the Ritz-Carlton Perth (50%), AMTD Dao By Dorsett Hornsey London and Upper Regalia Kuala Lumpur (80%). The $209.8 million price, factoring in underlying debt, was paid with about 198.6 million new TGE Class A shares.