| Schedule of Addition to the Transactions Disclosed Elsewhere in these Consolidated Financial Statements |
In addition to the transactions disclosed elsewhere in these consolidated financial statements, the Group had the following transactions with related parties during the years:
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For the year ended December 31, | |
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Notes | |
2024 | | |
2023 | | |
2022 | |
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| |
US$ | | |
US$ | | |
US$ | |
| Capital market solutions services rendered to related companies controlled by a director of the Company | |
(i) | |
| — | | |
| — | | |
| 1,149 | |
| Management fee paid to immediate holding company | |
(i) | |
| — | | |
| — | | |
| 18 | |
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| |
| | | |
| | | |
| | |
| Investment advisory fee paid to a fellow subsidiary | |
(i) | |
| — | | |
| — | | |
| 21 | |
| | |
| |
| | | |
| | | |
| | |
| Capital market solutions services rendered to fellow subsidiaries | |
(i) | |
| — | | |
| — | | |
| 3 | |
| | |
| |
| | | |
| | | |
| | |
| Insurance commission received from immediate holding company and a fellow subsidiary | |
(i) | |
| 41 | | |
| 48 | | |
| 4 | |
| | |
| |
| | | |
| | | |
| | |
| Digital solutions and other services income from immediate holding company | |
(i) | |
| 2,564 | | |
| 2,554 | | |
| 1,592 | |
| | |
| |
| | | |
| | | |
| | |
| Fashion, arts and luxury media advertising and marketing services from immediate holding company | |
(i) | |
| 2,888 | | |
| 2,726 | | |
| 2,888 | |
| | |
| |
| | | |
| | | |
| | |
| Administrative service fee paid to immediate holding company | |
(iii) | |
| 4,615 | | |
| 4,597 | | |
| 3,767 | |
| | |
| |
| | | |
| | | |
| | |
| Interest income from immediate holding company | |
(iv) | |
| 16,828 | | |
| 10,489 | | |
| 9,703 | |
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| |
| | | |
| | | |
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| Recharge from/(to) immediate holding company | |
| |
| | | |
| | | |
| | |
| —Staff costs | |
| |
| — | | |
| — | | |
| 4,084 | |
| —Premises cost | |
| |
| — | | |
| — | | |
| 1,469 | |
| | |
| |
| | | |
| | | |
| | |
| | |
(iii) | |
| — | | |
| — | | |
| 5,553 | |
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| |
| | | |
| | | |
| | |
| Treasury shares repurchased from immediate holding company | |
26 | |
| — | | |
| 40,000 | | |
| 320,603 | |
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| | | |
| | | |
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| | |
| |
| | | |
| | | |
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| Acquisition of AMTD Digital from immediate holding company and fellow subsidiaries | |
(ii)(a) | |
| — | | |
| — | | |
| 740,451 | |
| | |
| |
| | | |
| | | |
| | |
| Acquisition of WME Assets from immediate holding company | |
(ii)(b) | |
| — | | |
| 268,000 | | |
| — | |
| | |
| |
| | | |
| | | |
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| Disposal of financial assets at fair value through profit or loss to immediate holding company | |
(ii)(c) | |
| — | | |
| 80,155 | | |
| — | |
| (i) | The terms of these services were comparable to the fee and conditions
offered to the customers of the Group. |
| (ii) | a. | In 2022, the Group acquired 82.7% interest in AMTD Digital from the immediate holding company and fellow subsidiaries at a consideration of approximately US$993 million. | | | | | | | b. | In 2023, the Group acquired 100% interest in WME Assets from the immediate holding company at a consideration of US$268,000. | | | | | | | c. | In 2023, the Group disposed financial assets at fair value through profit or loss to the immediate holding company at a consideration of US$80,155. | | (iii) | The staff costs and premises cost was recharged by the immediate holding company based on actual usage. Starting from July 2022, the immediate holding company charged a fixed service fee of HK$9 million (HK$6 million prior to July 2022) per quarter for other administrative expenses. | | | | | (iv) | The transaction represented the interest income charged at 2% per annum on the outstanding amount due from the immediate holding company which was payable on demand. |
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