AMTD Group And Affiliates Announce TGE's Acquisition Of Hilton Garden Inn New York City Tribeca

AMTD Group Inc. ("AMTD Group"), AMTD IDEA Group (NYSE:AMTD), AMTD Digital Inc. and The Generation Essentials Group (", TGE", , NYSE:TGE, LSE: TGE), a subsidiary of AMTD Digital Inc., announce jointly that TGE has executed the sale and purchase agreement ("SPA") for the acquisition of the Hilton Garden Inn New York City Tribeca successfully.

The Hilton Garden Inn New York City Tribeca, located at 39 6th Ave, New York, NY 10013, features 151 spacious rooms and suites, along with a full fitness center, 5,000 square feet of retail space, and convenient subway access.

TGE has completed the irrevocable deposit, with the goal of closing the acquisition of this hotel within the next two months.