The Generation Essentials Group (TGE), a subsidiary of AMTD Digital Inc., has announced a definitive agreement to acquire a hotel located in Kuala Lumpur, Malaysia. The transaction is pending customary closing conditions.
The hotel is situated in Kuala Lumpur’s central business district. It is connected via a link bridge to Sunway Putra Mall and the Putra World Trade Centre. The property includes 135 hotel rooms, a gym, a library, and a rooftop infinity pool on the 37th floor, offering views of the Kuala Lumpur city center skyline.
This acquisition is part of TGE’s strategy to expand its global hospitality portfolio. The company recently announced its entry into the United States and Australia markets.
Further details about the transaction, including the financial terms, were not disclosed. The completion of the acquisition is subject to the fulfillment of standard closing conditions.
