PARIS–(BUSINESS WIRE)–AMTD Group Inc. (“AMTD Group”), alongside with AMTD IDEA Group (NYSE: AMTD; SGX: HKB) (“AMTD IDEA”) and AMTD Digital Inc. (NYSE: HKD) (“AMTD Digital”), together as “AMTD”, announced their decision to set up a joint entity in Paris, France, to embark and focus on global strategies and developments of a multi-media, entertainment and cultures worldwide platform. The shareholdings will be split accordingly by among AMTD Group, AMTD IDEA, and AMTD Digital with AMTD Group as the controlling shareholder, and with closing being subject to customary conditions. Coinciding with the announcement, AMTD Digital also announced the migration of its headquarters and principal executive office to Paris, France.
AMTD WME includes the following global media titles and regional platforms, movie and entertainment business, as well as cultural and social hubs:
– L’Officiel Inc. SAS (Global Fashion Media): a 102-year-old French publication, currently reaching over 100 million users worldwide, represents one of the oldest fashion media publications of the world. With its distinct French voice, L’Officiel stands for elegance and sophistication across the world, and it has long been regarded as one of the world’s bibles of fashion.