An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
AMTD Digital Successfully Filed Form 20-F for the Six-Month Transition Period Ended October 31, 2023
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
AMTD Digital Inc. (NYSE: HKD) has successfully filed a transition report on Form 20-F for the six-month period from May 1, 2023, to October 31, 2023. This filing was necessitated by a change in the company's fiscal year end, approved by the board of directors on April 30, 2024. The change aligns with the global expansion of AMTD Group Inc., the Controlling Shareholder, and its need to harmonize fiscal calendars across subsidiaries.
The transition report, containing unaudited consolidated financial statements, is now accessible on the SEC's website and AMTD Digital's investor relations portal. This move reflects the company's commitment to transparency and compliance with regulatory requirements as it adapts to its evolving corporate structure.
Positive
Successfully filed Form 20-F for the transition period
Alignment with global expansion strategy of parent company
Negative
None.
PARIS & NEW YORK--(BUSINESS WIRE)--
On April 30, 2024, the board of directors of AMTD Digital Inc. (NYSE: HKD) approved a change of fiscal year end. The change was resulted from the continual global expansion of AMTD Group Inc., the Controlling Shareholder, and its need to realign the various fiscal calendar year-end dates of both its in-house developed and acquired subsidiaries.
As a result of the change of fiscal year end, we are required to and we successfully filed a transition report on Form 20-F for the six-month transition period from May 1, 2023 to October 31, 2023. The transition report on Form 20-F, which contains our unaudited consolidated financial statements for the transition period, can be accessed on SEC’s website at https://www.sec.gov as well as through the Company’s investor relations website at https://ir.amtdigital.net/investor-news.
About AMTD Digital Inc.
AMTD Digital Inc. (NYSE: HKD) is a comprehensive digital solutions platform headquartered in France. Its one-stop digital solutions platform operates four main business lines including digital solutions services, digital media, content and marketing services, digital investments as well as hospitality and VIP services. For AMTD Digital’s announcements, please visit https://ir.amtdigital.net/investor-news.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of AMTD Digital Inc. are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of AMTD Digital Inc. with the SEC. All information provided in this press release is as of the date of this press release, and AMTD Digital Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Why did AMTD Digital (HKD) change its fiscal year end?
AMTD Digital (HKD) changed its fiscal year end to align with the global expansion of its Controlling Shareholder, AMTD Group Inc., and to harmonize fiscal calendars across various subsidiaries.
What period does AMTD Digital's (HKD) transition report cover?
AMTD Digital's (HKD) transition report covers the six-month period from May 1, 2023, to October 31, 2023.
Where can investors access AMTD Digital's (HKD) Form 20-F transition report?
Investors can access AMTD Digital's (HKD) Form 20-F transition report on the SEC's website at https://www.sec.gov and on the company's investor relations website at https://ir.amtdigital.net/investor-news.
When did AMTD Digital (HKD) approve the change in fiscal year end?
AMTD Digital's (HKD) board of directors approved the change in fiscal year end on April 30, 2024.
AMTD Digital Inc. American Depositary Shares (every five of which represent two