AMTD IDEA Group Secured US$93.6 Million of Investment at 21.07% Premium Above Yesterday's Closing Price

Apr 21, 2023

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 yesterday’s closing price. The Company will raise a total of US$93.6 million in proceeds, The Company believes the proposed investment is reflective of investors’ confidence in the Company and trust in its future prospect.

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