Long-Term Commitment To Sustainable Development And Continued Build-Out Of AMTD IDEA And AMTD Digital
Portfolio Pulse from Benzinga Newsdesk
AMTD IDEA Group (NYSE:AMTD) and AMTD Digital Inc. (NYSE:HKD) announced that they have received commitments from relevant parties, including AMTD Group and their executive officers, not to sell any equity securities they own in AMTD IDEA and AMTD Digital in the open market for three years. Dr. Calvin Choi, through his holding company Infinity Power Investments Limited, has committed not to sell any of his holdings for five years. The companies are committed to their 'IDEA' strategy and are confident in their core values and long-term sustainability.
October 23, 2023 | 12:46 pm
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AMTD IDEA Group has received a commitment from relevant parties not to sell their equity securities for three years, indicating confidence in the company's long-term prospects.
The commitment not to sell equity securities indicates confidence in the company's long-term prospects, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
AMTD Digital Inc. has received a commitment from relevant parties not to sell their equity securities for three years, indicating confidence in the company's long-term prospects.
The commitment not to sell equity securities indicates confidence in the company's long-term prospects, which could positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100