AMTD's Successful Completion of Acquisition of Upper View Regalia Hotel in Malaysia for US$38 Million
AMTD Digital Inc. (HKD) announced the successful completion of the acquisition of super majority interests in the Upper View Regalia Hotel in Kuala Lumpur by its subsidiary, The Generation Essentials Group (TGE). The transaction closed for a total consideration of US$38 million. The 129-room property is strategically located in Kuala Lumpur's main commercial district and will undergo comprehensive renovation, including the installation of AMTD rooftop signage.
Key figures
- Deal Value Usd
- 38000000
- Hotel rooms
- 129
- Parking bays
- 80
- Total portfolio rooms
- 1000
AI analysis
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