AMTD Group to take majority stake in CapBridge

Singapore

HONG Kong's AMTD Group is ramping up its presence in Singapore, following its subsidiary's recent dual listing here and digital bank ambitions.

Its digital platform arm AMTD Digital will take a majority stake in private capital platform CapBridge Financial for an undisclosed sum, with plans to expand the digital assets exchange platform, using Singapore as a key operations and growth hub.