The Company is mainly involved in the provision of insurance brokerage services and SpiderNet ecosystem solutions services, digital media, contents and marketing services.
The Companys Controlling Shareholder, commenced our current insurance solutions business in October 2004. The Companys Controlling Shareholder commenced our current digital investments business in July 2016 and SpiderNet ecosystem solutions business in December 2017.
On December 2019, the Company carried out a restructuring to carve out the insurance, digital investments, and SpiderNet ecosystem solutions from its Controlling Shareholder. As part of the restructuring, in September 2019, AMTD Digital Inc. was incorporated under the laws of the Cayman Islands initially as a wholly-owned subsidiary of its Controlling Shareholder. Following the restructuring, AMTD Digital Inc. became the holding company of its businesses. The Company a commenced its digital media, content, and marketing business in May 2020.
The Company s common stock is listed on NYSE since July 15, 2022 and trade under the ticker symbol “HKD.”
The Company s principal executive offices are located at 25/F Nexxus Building, 41 Connaught Road Central, Hong Kong. The Company s telephone number at this address is +852 3163 3298. The Company s registered office in the Cayman Islands is located at Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands. The Company s agent for service of process in the United States is Puglisi Associates, located at 850 Library Avenue, Suite 204, Newark, DE 19711. The Company s website is www.amtdigital.net.
The Company's immediate holding company is AMTD Group Company Limited (“AMTD Group”), a private company incorporated in the British Virgin Islands (“BVI”). The Company's ultimate holding company was L.R. Capital Management Company (Cayman) Limited, a private company incorporated in the Cayman Islands. On December 31, 2020, the immediate holding company and the ultimate holding company entered into a share repurchase agreement, where the immediate holding company has repurchased certain shares previously allotted to the ultimate holding company. From then onwards, AMTD Group became the ultimate holding company of the Company.
The Company s one-stop digital solutions platform operates four main business lines:
Digital Financial Services. Primarily through our controlled entities, investees, and business partners, we provide one-stop, cross-market and intelligent digital financial services for retail and corporate clients in Asia. The Company possesses some of the most scarce digital financial licenses in Asia and provide a variety of digital financial services through the following:
- AMTD Risk Solutions—the largest Hong Kong-based corporate insurance solution provider in terms of revenue of corporate insurance business in Hong Kong, according to the CIC Report. AMTD RSG, the Company s wholly-owned subsidiary, was a member of the Hong Kong Confederation of Insurance Brokers since October 2004 and was granted an insurance brokerage license issued by the Hong Kong Insurance Authority in September 2019, pursuant to the newly established statutory regime for regulation of insurance intermediaries which took over regulation of insurance agents and brokers from the self-regulatory bodies including Hong Kong Confederation of Insurance Brokers.
- PolicyPal—a one-stop digital insurance technology platform for consumers and SME clients in Singapore. The Company has acquired a controlling interest in PolicyPal Pte. Ltd. via its fusion-in program in August 2020. BaoXianBaoBao Pte. Ltd., the wholly-owned subsidiary of PolicyPal Pte. Ltd., is a registered insurance broker with respect to direct insurance and an exempt financial advisor in relation to advising on and arranging of investment products that are life policies in Singapore, other than for reinsurance. BaoXianBaoBao Pte. Ltd. is the first company to graduate from the MAS's FinTech regulatory sandbox.
Headquarters
27-29 Rue De Bassano
Hong Kong; Hong Kong;
Postal Code: 75008
Contact Details: Purchase the Amtd Digital Inc. report to view the information.
Website: http://www.amtdigital.net
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