AMTD Idea's (SGX:HKB) subsidiaries, AMTD Digital and The Generation Essentials Group, completed the acquisition of a hotel in London, named Dao by Dorsett Hornsey Hotel, for $30 million, according to a Tuesday filing with the Singapore Exchange.
The hotel, which comprises 68 services apartments and hotel rooms, will be renamed AMTD Dao by Dorsett Hornsey.
The hotel acquisition was closed without using external financing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments