Core Viewpoint - AMTD Digital's subsidiary, The Generation Essentials Group (TGE), has finalized an agreement to acquire a 50% interest in The Ritz-Carlton Hotel in Perth, Australia, for A$100 million ($66.4 million) [1][2] Group 1: Acquisition Details - The sale and purchase agreement (SPA) was reached with FEC Holdings and FEC Hotel, which involves purchasing sale shares and assigning the sale loan [1] - This acquisition is part of TGE's ongoing expansion efforts in the international hospitality sector [2] Group 2: Hotel and Brand Information - The Ritz-Carlton, Perth is a five-star hotel located on the Elizabeth Quay waterfront, featuring 205 guest rooms and suites, a rooftop bar, and an infinity pool [2][3] - The hotel emphasizes local ingredients in its dining options and is part of Marriott International, which operates 100 Ritz-Carlton hotels worldwide [3] Group 3: Strategic Expansion Plans - TGE aims to expand its hotel portfolio across major continents, including Australia, Hong Kong, Singapore, Malaysia, London, and New York City [4] - The acquisition marks TGE's successful execution of a SPA to acquire the 100th Ritz-Carlton globally [4]