TGE News & Events

AMTD IDEA Group (AMTD), AMTD Digital (HKD), AMTD Group and The Generation Essentials Group (TGE), a subsidiary of AMTD Digital, jointly announce that AMTD IDEA Group has commenced legal action against Mr Benjamin Eymere of the Jalou Family, in connection with serious defamatory action against the Group, as well as misconduct including bad faith harassment of the Group's staff and executives. Eymere was a former employee of a subsidiary of the Group, and he was summarily dismissed due to misconduct and mismanagement. He attempted to file an appeal in the Paris Court, but his actions have been continuously dismissed. Eymere's recent actions involving misconduct and bad faith have required AMTD to take legal actions in relation to the Group's L'Officiel and AMTD IDEA brands, which have been recently mentioned in certain press and social media publications. AMTD has already made formal reports to law enforcement authorities in connection with Eymere's present and past misconduct.

AMTD Group, AMTD IDEA Group (AMTD), AMTD Digital (HKD) and The Generation Essentials Group (TGE) announced jointly that TGE has executed the sale and purchase agreement for the acquisition of the Hilton Garden Inn New York City Tribeca. 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.

AMTD Group (AMTD), AMTD Digital (HKD) and The Generation Essentials Group (TGE), a subsidiary of AMTD Digital, announce jointly the successful execution of a sales and purchase agreement for the 100% acquisition of the Hilton Garden Inn New York City Tribeca. Closing of the acquisition is subject to customary closing conditions. Having created the size and magnitude of a fast growing and a globally independent hotel group, TGE celebrates 2025 as a pivotal year for expanding its hospitality business sector, TGE has 4 acquisition deals announced in major cities around the world within the financial year 2025. The successful execution of the SPA of the New York hotel stands out as a significant milestone as TGE closes out the year.

AMTD Group, AMTD IDEA Group (AMTD), AMTD Digital (HKD) and The Generation Essentials Group (TGE), a subsidiary of AMTD Digital Inc., announce jointly that TGE has successfully listed the first SPAC it sponsors, TGE Value Creative Solutions Corp, on the New York Stock Exchange. TGE Value Creative Solutions priced its initial public offering of 15M units at $10.00 per unit. Its units are listed on the NYSE under the ticker symbol "BEBE U." Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on NYSE under the symbols "BEBE" and "BEBE WS," respectively. "TGE Value Creative Solutions may pursue an acquisition or a business combination with a target in any business or industry but is primarily focused on identifying and acquiring businesses within the media, digital media, entertainment, high fashion, lifestyle, culture, and gaming sectors, which are in line with TGE's core business," the companies stated.