AMTD IDEA (NYSE: AMTD) adds Perth and Malaysia hotels via TGE expansion

Rhea-AI Filing Summary

AMTD IDEA Group reports that its subsidiary The Generation Essentials Group has completed two hotel acquisitions totaling US$110 million, further expanding AMTD’s global hospitality portfolio toward nearly 1,000 rooms.

TGE acquired 50% interests in The Ritz-Carlton, Perth for US$72 million, with the property valued at US$201 million. It also acquired super majority interests in the Upper View Regalia Hotel in Kuala Lumpur for US$38 million. The Perth hotel offers 205 luxury rooms in a landmark waterfront location, while the Kuala Lumpur property has 129 guest rooms and will undergo a comprehensive renovation before joining AMTD’s branded hotel network.

Insights

Equity analyst – international strategy

AMTD scales its hospitality footprint with two sizeable hotel acquisitions.

AMTD IDEA Group, through subsidiary TGE, has closed hotel deals in Australia and Malaysia for a combined US$110 million. These transactions deepen exposure to premium hospitality assets in gateway locations backed by established tourism and business demand.

The Ritz-Carlton, Perth acquisition gives TGE 50% interests in a landmark 205-room luxury hotel valued at US$201 million. The Upper View Regalia Hotel deal adds super majority interests in a 129-room Kuala Lumpur property that will be renovated and rebranded into AMTD’s hotel portfolio.

Strategically, these moves align with AMTD’s stated focus on hospitality and premium assets, and reinforce its presence in Australia and Malaysia. Actual financial impact will depend on post-renovation performance, occupancy, and integration within AMTD’s broader media, entertainment, and hospitality ecosystem.

Key Figures

Ritz-Carlton Perth consideration: US$72 million (A$100 million) Ritz-Carlton Perth valuation: US$201 million (A$280 million) Upper View Regalia Hotel price: US$38 million +4 more

7 metrics

Ritz-Carlton Perth consideration US$72 million (A$100 million) Total consideration for 50% interests in The Ritz-Carlton, Perth

Ritz-Carlton Perth valuation US$201 million (A$280 million) Stated property valuation in acquisition disclosure

Upper View Regalia Hotel price US$38 million Total consideration for super majority interests in Kuala Lumpur hotel

Ritz-Carlton Perth rooms 205 rooms Number of luxury rooms at The Ritz-Carlton, Perth

Upper View Regalia rooms 129 rooms Number of guest rooms at Upper View Regalia Hotel

Upper View Regalia parking 80 bays Car parking bays at Upper View Regalia Hotel

Hospitality portfolio scale nearly 1,000 rooms AMTD’s hospitality portfolio size after acquisitions

Key Terms

forward-looking statements, safe harbor, total consideration, special purpose acquisition company (SPAC), +1 more

5 terms

forward-looking statements regulatory

"This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

safe harbor regulatory

"forward-looking statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995"

Safe harbor is a rule that protects companies or individuals from legal trouble if they follow certain guidelines or procedures. It’s like having a safety net that allows them to act without fear of punishment, as long as they stick to the rules. This helps encourage honest behavior and clear standards in financial and legal activities.

total consideration financial

"acquisition of 50% interests in The Ritz-Carlton, Perth, Australia, for a total consideration of US$72 million"

Total consideration is the full amount of value exchanged in a transaction, including all payments, assets, or benefits involved. It represents what is given up or received in a deal, much like the total price paid when buying a house, covering both the purchase price and any additional costs or benefits. For investors, understanding total consideration helps assess the true scale and value of a transaction.

special purpose acquisition company (SPAC) financial

"TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised"

A special purpose acquisition company (SPAC) is a company formed solely to raise money from public investors with the goal of merging with or buying a private business so that the private firm becomes publicly traded. Think of it like a pooled investment that gives investors a ticket to an untargeted future deal — it can offer faster access to high-growth companies but also means investors are relying on the SPAC’s managers to find a good deal and face risks if the target underperforms or no deal occurs.

subsidiary financial

"The Generation Essentials Group (“TGE”, NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc."

A subsidiary is a company that is controlled or owned by a larger company, known as the parent company. Think of it like a branch or division of a bigger organization; it operates separately but is ultimately guided by the parent. For investors, understanding subsidiaries helps clarify how a larger company is structured and where its resources and risks are concentrated.

Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-39006

AMTD IDEA Group

(Translation of registrant’s name into English)

66 rue Jean-Jacques Rousseau

75001 Paris

France

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒      Form 40-F ☐

EXPLANATORY NOTE

Our subsidiary, The Generation Essentials Group, made certain announcement on May 29, 2026, a copy of which is attached as exhibit 99.1 and exhibit 99.2 to this current report on Form 6-K.

1

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release – AMTD’s Successful Completion of Acquisition of The Ritz-Carlton, Perth, Valued at A$280 Million
99.2		Press Release – AMTD’s Successful Completion of Acquisition of Upper View Regalia Hotel in Malaysia for US$38 Million

2

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	AMTD IDEA Group
	By:	/s/ Feridun Hamdullahpur
	Name:	Dr. Feridun Hamdullahpur
	Title:	Director
Date: May 29, 2026

3

Exhibit 99.1

AMTD’s Successful Completion of Acquisition of The Ritz-Carlton, Perth, Valued at A$280 Million

PARIS and NEW YORK and LONDON, May 29, 2026 -- AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD), and The Generation Essentials Group (“TGE”, NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., (collectively, “AMTD”) jointly announce the successful completion of TGE’s acquisition of 50% interests in The Ritz-Carlton, Perth, Australia, for a total consideration of US$72 million (A$100 million), with the property valued at US$201 million (A$280 million).

Located in Perth, the vibrant capital of Western Australia, The Ritz-Carlton, Perth is the centrepiece of the Elizabeth Quay development on Perth’s waterfront. Perched on the edge of the Swan River, the hotel offers unobstructed views of the river, the city skyline, and surrounding urban parks through floor-to-ceiling windows. This irreplaceable location underpins the property’s compelling long-term appreciation potential.

The hotel comprises 205 luxury rooms, a restaurant and lounges, a bar, a spa, an infinity pool, a fitness centre, and versatile event spaces. As the 100th Ritz-Carlton hotel globally, the property holds strong symbolic significance within the brand’s portfolio.

Australia is a market of special significance to AMTD. The AMTD Group was founded in 2003 with involvement from the Commonwealth Bank of Australia. Building on this history, AMTD is delighted to further strengthen its presence in Australia through this landmark acquisition.

The completion of this transaction represents another important strategic milestone in the expansion of TGE’s hospitality portfolio. Upon closing, AMTD’s hospitality portfolio now totals nearly 1,000 rooms, further reinforcing its expanding footprint and long-term commitment to the global hospitality space.

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 conglomerate 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 key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com 

For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.net 

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media 

Exhibit 99.2

AMTD’s Successful Completion of Acquisition of Upper View Regalia Hotel in Malaysia for US$38 Million

PARIS and NEW YORK and LONDON, May 29, 2026  -- AMTD Group Inc. (“AMTD Group”), AMTD IDEA Group (NYSE: AMTD; SGX: HKB), AMTD Digital Inc. (NYSE: HKD), and The Generation Essentials Group (“TGE”, NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., (collectively, “AMTD”) jointly announce the successful completion of TGE’s acquisition of super majority interests in the Upper View Regalia Hotel in Kuala Lumpur, Malaysia, for a total consideration of US$38 million.

The Upper View Regalia Hotel is located at No. 2 Jalan Anjung Putra, Off Jalan Sultan Ismail, 50480, Kuala Lumpur, Malaysia. Strategically positioned in the heart of the city’s main commercial and business district, the property enjoys excellent connectivity and convenient access to key landmarks, including Sunway Putra Mall and Putra World Trade Centre (PWTC), both just a few minutes’ walk away, as well as the nearby Open University Malaysia.

The property comprises 129 guest rooms and 80 car parking bays, and features a signature rooftop infinity pool offering panoramic views of the Kuala Lumpur skyline by day and night. Following completion of the acquisition, the hotel will undergo a comprehensive renovation. Further, AMTD rooftop signage will be installed, making the hotel a new addition to AMTD’s branded hotel portfolio, alongside iclub AMTD Sheung Wan Hotel (Hong Kong), Dao by Dorsett AMTD Singapore, and AMTD IDEA Tribeca Hotel (New York).

AMTD branded hotels focus on serving global citizens and local communities that value high-quality lifestyle and hospitality experiences. Malaysia represents a key strategic market for AMTD, underpinned by resilient economic growth, robust consumer spending, and one of the largest Chinese-speaking populations outside China. AMTD is committed to meeting the evolving hospitality and mobility needs of Malaysia’s growing Chinese and broader Asian communities.

This hospitality investment further reinforces AMTD’s broader, long-term commitment to the Malaysian market. In the film sector, AMTD produced the Malaysian film “Mother Bhumi,” directed by award-winning filmmaker Chong Keat Aun and starring Fan Bingbing, with AMTD founder Dr. Calvin Choi serving as executive producer. The film has enjoyed notable success, winning three awards at the 62nd Golden Horse Awards, including Best Leading Actress for Fan Bingbing, Best Cinematography, and Best Original Film Song. Most recently, His Majesty Sultan Ibrahim, King of Malaysia, granted a royal audience to Fan Bingbing and the “Mother Bhumi” production team at Istana Pasir Pelangi. In addition, AMTD’s L’OFFICIEL (Women’s Edition), L’OFFICIEL Hommes (Men’s Edition), and LA REVUE DES MONTRES (luxury watch review) all perform strongly and are deeply integrated into Malaysia’s fashion, culture, and lifestyle landscape. From entering the market through film and media to now establishing a physical hospitality presence, AMTD’s strategy in Malaysia is to deeply cultivate the market and create long-term, sustainable value.

The completion of this transaction represents another important strategic milestone in the expansion of TGE’s hospitality portfolio. Upon closing, AMTD’s hospitality portfolio now approaches a total of 1,000 rooms, further reinforcing its expanding footprint and long-term commitment to the global hospitality space.

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 conglomerate 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 key business lines including digital media, content and marketing services, investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

2

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD IDEA Group, AMTD Digital and/or The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and none of AMTD IDEA Group, AMTD Digital and The Generation Essentials Group undertakes any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

For AMTD IDEA Group:
IR Office
AMTD IDEA Group
EMAIL: ir@amtdinc.com 

For AMTD Digital Inc.:
IR Office
AMTD Digital Inc.
EMAIL: ir@amtdigital.net 

For The Generation Essentials Group:
IR Office
The Generation Essentials Group
EMAIL: ir@tge.media 

3

FAQ

What hotel acquisitions did AMTD IDEA Group (AMTD) disclose in this 6-K?

AMTD IDEA Group disclosed that subsidiary TGE completed two hotel acquisitions: 50% interests in The Ritz-Carlton, Perth, and super majority interests in the Upper View Regalia Hotel in Kuala Lumpur, expanding AMTD’s global hospitality portfolio toward nearly 1,000 rooms.

How much did AMTD’s subsidiary pay for The Ritz-Carlton, Perth asset?

TGE agreed total consideration of US$72 million (A$100 million) for 50% interests in The Ritz-Carlton, Perth. The transaction values the property at about US$201 million (A$280 million), reflecting its positioning as a landmark luxury hotel in the Elizabeth Quay waterfront development.

What is the value of AMTD’s acquisition of Upper View Regalia Hotel in Malaysia?

TGE completed the acquisition of super majority interests in the Upper View Regalia Hotel in Kuala Lumpur for US$38 million. The property includes 129 guest rooms and 80 parking bays and will undergo comprehensive renovation before joining AMTD’s branded hotel portfolio.

How large is AMTD’s hospitality portfolio after these acquisitions?

After closing the Perth and Kuala Lumpur deals, AMTD’s hospitality portfolio approaches 1,000 rooms. This includes the newly acquired hotels alongside existing AMTD-branded properties in Hong Kong, Singapore, and New York, reinforcing its commitment to global hospitality assets.

Why are Australia and Malaysia important markets for AMTD IDEA Group (AMTD)?

Australia is highlighted as a market of special significance, tied to AMTD’s founding links with Commonwealth Bank of Australia. Malaysia is described as a key strategic market, supported by resilient growth, robust consumer spending, and a large Chinese-speaking population important to AMTD’s hospitality and media strategy.

What role does The Generation Essentials Group (TGE) play in AMTD’s strategy?

The Generation Essentials Group, a subsidiary of AMTD Digital, focuses on multi-media, entertainment, cultural affairs, and hospitality. It holds media brands like L’Officiel and a portfolio of premium properties, and it executed these hotel acquisitions as part of expanding AMTD’s global hospitality presence.

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 PRESS RELEASE - AMTD'S SUCCESSFUL COMPLETION OF ACQUISITION OF THE RITZ-CARLTON, 9.9 KB
• EX-99.2 PRESS RELEASE - AMTD'S SUCCESSFUL COMPLETION OF ACQUISITION OF UPPER VIEW REGALI 12.4 KB