AMTD IDEA Group
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AMTD IDEA ADS ratio change
AMTD IDEA will change its ADS ratio from one ADS representing 6 Class A ordinary shares to one ADS representing 360 shares. Every 60 existing ADSs will be exchanged for one new ADS, equivalent to a 1-for-60 reverse ADS split. The company announced effectiveness on or about October 19 without an exact time; no fractional new ADSs will be issued.
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