AMTD Digital Subsidiary Signs Deal for Kuala Lumpur Hotel Acquisition

**AMTD Digital’s Subsidiary Expands Global Hospitality Footprint with Key Acquisition in Kuala Lumpur**

Paris, New York, and London – December 15, 2025 – In a strategic move to bolster its international hospitality portfolio, The Generation Essentials Group (“TGE”), a subsidiary of AMTD Digital Inc., has entered into a definitive Sale and Purchase Agreement (SPA) to acquire an 80% stake in the Upper View Regalia Hotel, a prominent property located in the heart of Kuala Lumpur, Malaysia. The transaction, valued at HK$300 million (approximately US$38.6 million), is poised to enhance TGE’s presence in the burgeoning Southeast Asian market.

The Upper View Regalia Hotel, situated in Kuala Lumpur’s dynamic commercial and business district, offers prime access to key attractions such as Sunway Putra Mall and the Putra World Trade Centre. The hotel boasts 129 well-appointed rooms, complemented by a suite of amenities including a fully equipped gymnasium, a serene library, and a captivating rooftop infinity pool, alongside an award-winning dining establishment.

This acquisition marks TGE’s fourth significant hotel investment this year, underscoring a robust commitment to expanding its global network of premium hospitality assets in strategically important markets. TGE’s current hotel portfolio, encompassing properties both acquired and those pending completion, now totals six hotels across major global cities, offering over 800 rooms. This growing collection includes notable properties such as the iclub AMTD Sheung Wan Hotel in Hong Kong, Dao by Dorsett AMTD Singapore, and recent additions in New York, London, Australia, and now, Malaysia.

The integration of the Upper View Regalia Hotel into TGE’s operational framework is expected to yield synergistic benefits, leveraging AMTD Group’s diversified expertise across media and entertainment, education, and premium asset management. AMTD IDEA Group, serving as a vital conduit between global markets and clients through its comprehensive financial and digital solutions platform, is anticipated to play a key role in facilitating the strategic integration and future growth of these hospitality assets. AMTD Digital, with its established digital solutions platform encompassing digital media, marketing, investments, and hospitality services, is well-positioned to drive innovative guest experiences and operational efficiencies.

This expansion aligns with AMTD Group’s broader strategy of cultivating a diversified portfolio that capitalizes on emerging market trends and consumer demands for premium experiences. The acquisition not only strengthens TGE’s position within the hospitality sector but also reinforces AMTD’s inter-connected ecosystem, creating new avenues for cross-sector collaboration and value creation.

**About AMTD Group**
AMTD Group is a diversified conglomerate with core business interests spanning media and entertainment, education and training, and premium assets and hospitality.

**About AMTD IDEA Group**
AMTD IDEA Group (NYSE: AMTD; SGX: HKB) is a comprehensive institution and digital solutions provider that connects companies and investors with global markets. Its integrated platform offers a wide array of business services and digital solutions tailored to meet the evolving needs of clients across various stages of their business lifecycle, serving as a crucial connector between Eastern and Western markets.

**About AMTD Digital Inc.**
AMTD Digital Inc. (NYSE: HKD) operates a comprehensive digital solutions platform with key business lines in digital media, content and marketing services, investments, and hospitality and VIP services. Headquartered in France, the company focuses on delivering innovative digital solutions across its diverse operational segments.

**About The Generation Essentials Group**
The Generation Essentials Group (NYSE & LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group, and AMTD Digital Inc., focuses on global strategies in multi-media, entertainment, and cultural affairs, alongside hospitality and VIP services. TGE’s portfolio includes L’Officiel, The Art Newspaper, and various film and entertainment projects, alongside a global portfolio of premium properties. TGE also acts as a special purpose acquisition company sponsor manager in the media, entertainment, and gaming sectors.

**Safe Harbor Statement**
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements, identified by terms such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar phrases, are based on current beliefs, plans, and expectations and involve inherent risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements. Further information regarding these and other risks can be found in the filings of AMTD IDEA Group, AMTD Digital, and The Generation Essentials Group with the Securities and Exchange Commission. The companies do not undertake any obligation to update any forward-looking statements, except as required by law.