AMTD IDEA Group (AMTD) Announces ADS Ratio Change
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AMTD IDEA Group Announces ADS Ratio Change
November 8, 2022 4:44 PM ESTNEW YORK & HONG KONG & SINGAPORE--(BUSINESS WIRE)-- AMTD IDEA Group (the Company) (NYSE: AMTD; SGX: HKB), a subsidiary of AMTD Group Company Limited and a leading platform for comprehensive financial services and digital solutions, today announced that it will change the ratio of its American depositary shares (ADSs) to its Class A ordinary shares (the ADS Ratio), par value US$0.0001 per share, from the current ratio of one (1) ADS to one (1) Class A ordinary share to a new ratio of one (1) ADS to two (2) Class A ordinary shares. The Company anticipates that the change... More
