2023-04-21 02:41:56 ET
- AMTD IDEA Group ( NYSE: AMTD ), a subsidiary of AMTD Group and a New York and Singapore dual listed company, has successfully entered into share subscription agreements with certain selected investors.
- The investors agreed to subscribe for and purchase from the company a total of 90M newly issued shares at a 21.07% premium above previous day closing price.
- Total of $93.6M proceeds will be raised.
- The company believes the proposed investment is reflective of investors’ confidence in the company and trust in its future prospect.
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AMTD IDEA secured $93.6M investment at 21.07% premium