Company: TGE
Filing Date: 2025-12-29
Form Type: 424B3
Source: 0001213900-25-125817
Chunk: 11

Company: Generation Essentials Group
Filing Date: 2025-12-29
Form: 424B3
Chunk 11
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 Digital Inc., announce jointly that TGE has entered into a sale and purchase
agreement (“SPA”) to purchase an 80% stake in the Upper View Regalia Hotel in Kuala Lumpur, Malaysia.

The aggregate consideration of the transaction
is HK$300 million (equivalent to approximately US$38.6 million), following specific terms and conditions of the SPA. Closing of the acquisition
is subject to customary closing conditions.

Upper View Regalia Hotel is strategically situated
in the heart of Kuala Lumpurs vibrant commercial and business district, providing convenient pedestrian access to both Sunway Putra Mall
and the Putra World Trade Centre. The hotel comprises over 129 rooms and a range of amenities, including a fully equipped gym, a library,
and a stunning rooftop Infinity Pool, and an award-winning restaurant.

The addition of Upper View Regalia Hotel further
strengthens TGE’s global hospitality offerings. This acquisition in Kuala Lumpur also marks TGE’s fourth major hotel project
of the year, reaffirming the company’s commitment to expanding its global footprint with premium properties in key markets around
the world.

As of the date of this announcement, the hotel
portfolio of TGE (including those with executed SPAs pending completions) consists of six properties located in major cities worldwide,
offering over 800 rooms. This portfolio includes the iclub AMTD Sheung Wan Hotel in Hong Kong, Dao by Dorsett AMTD Singapore, along with
recent projects in New York, London, Australia, and Malaysia.

About AMTD Group

AMTD Group is a conglomerate with a core business
portfolio spanning across media and entertainment, education and training, and premium assets and hospitality sectors.

About AMTD IDEA Group

AMTD IDEA Group (NYSE: AMTD; SGX: HKB) represents
a diversified institution and digital solutions group connecting companies and investors with global markets. Its comprehensive one-stop
business services plus digital solutions platform addresses different clients’ diverse and inter-connected business needs and digital
requirements across all phases of their life cycles. AMTD IDEA Group is uniquely positioned as an active super connector between clients,
business partners, investee companies, and investors, connecting the East and the West. For more information, please visit www.amtdinc.com
or follow us on X (formerly known as “Twitter”) at @AMTDGroup.

About AMTD Digital Inc.

AMTD Digital Inc. (NYSE: HKD) is a comprehensive
digital solutions platform headquartered in France. Its one-stop digital solutions platform operates