The news in yesterdays press release is huge!
Following the completion of the above transaction, AMTD IDEA Group will inject AMTD Assets into AMTD Digital at the same valuation in return for 515,385 newly issued Class B ordinary shares of AMTD Digital at US$520 per share (equivalent to a value of US$208 per American depositary share of AMTD Digital at a conversion ratio of every five American depositary shares of AMTD Digital representing two ordinary shares of AMTD Digital).
$AMTD
“Always give your best, never get discouraged, never be petty; always remember, others may hate you, but those who hate you don't win unless you hate them, and then you destroy yourself.”
Richard Nixon