AMTD Digital to Acquire Upper View Regalia Hotel in Malaysia for HK$300 Mln

The Generation Essentials Group, a subsidiary of AMTD Digital Inc., has acquired an 80% stake in the Upper View Regalia Hotel in Kuala Lumpur, Malaysia for HK$300 million ($38.6 million). The acquisition is expected to strengthen the group's global hospitality offerings and expand its global footprint with premium properties. AMTD Digital Inc. is trading down 4.85% on the New York Stock Exchange.