AMTD International Inc.: SGX Rule 210(1)(B)(I) Disclosure
AMTD International has announced its strategy to conduct a future placement of Class A Shares in Singapore.
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AMTD International Inc. (“AMTD International” or the “Company”) (NYSE: HKIB; SGX: HKB), a NYSE and SGX-ST dual-listed company, has previously undertaken to conduct future placement through an offering of Class A Shares in Singapore (with such Class A Shares to be held through CDP) within 12 months from the date of its secondary listing on the Mainboard of the SGX-ST on 8 April 2020 following rule 210(1)(B)(I) of SGX-ST.
As part of the Company’s overall strategy plan for corporate development and capital management activities, the Company has applied to the SGX-ST, and the SGX-ST has no objection to grant the Company, for an extension of time to conduct an offering of Class A Shares in Singapore (with such Class A Shares to be held through CDP) by no later than 7 April 2022.
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