UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934

(Amendment No. 5)*

 

AMTD IDEA GROUP

(Name of Issuer)

 

Class A ordinary shares, par value US$0.0001 per share

(Title of Class of Securities)

 

G2957E 101

(CUSIP Number)

 

September 30, 2024

(Date of Event Which Requires Filing of This Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

Rule 13d-1(b)

 

Rule 13d-1(c)

 

Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

 

 

CUSIP No. G2957E 101

 

1

Names of Reporting Persons


Calvin Choi

 

2

Check the Appropriate Box if a Member of a Group

 

(a)       ☐

(b)       ☐

 

3

SEC Use Only

 

4

Citizenship or Place of Organization


Canada

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

0

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person


0

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  

 

11

Percent of Class Represented by Amount in Row (9)


0%.

 

12

Type of Reporting Person


IN

 

 

2

 

 

CUSIP No. G2957E 101

 

1

Names of Reporting Persons


Infinity Power Investments Limited

 

2

Check the Appropriate Box if a Member of a Group

 

(a)       ☐

(b)       ☐

 

3

SEC Use Only

 

4

Citizenship or Place of Organization


British Virgin Islands

 

Number of Shares Beneficially Owned by Each Reporting Person With: 5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

0

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

0

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person


0

 

10

Check if the Aggregate Amount in Row (9) Excludes Certain Shares  

 

11

Percent of Class Represented by Amount in Row (9)


0%.

 

12

Type of Reporting Person


CO

 

 

3

 

 

Item 1(a).Name of Issuer:

 

AMTD IDEA Group (the “Company”).

 

Item 1(b).Address of Issuer’s Principal Executive Offices:

 

66 rue Jean-Jacques Rousseau

75001 Paris

France

 

Item 2(a).Name of Person Filing:

 

Calvin Choi; and

Infinity Power Investments Limited.

 

Item 2(b).Address of Principal Business Office, or, if none, Residence:

 

694 Meadowsweet Ave

Waterloo

Canada

 

Item 2(c).Citizenship:

 

Calvin Choi: Canada; and

Infinity Power Investments Limited: British Virgin Islands.

 

Item 2(d).Title of Class of Securities:

 

Class A ordinary shares, par value US$0.0001 per share.

 

The Company’s ordinary shares consist of Class A ordinary shares and Class B ordinary shares, each with par value of US$0.0001 per share. The rights of the holders of Class A ordinary shares and Class B ordinary shares are identical, except with respect to conversion rights and voting rights. Each Class B ordinary share is convertible at the option of the holder at any time into one Class A ordinary share. Class A ordinary shares are not convertible into Class B ordinary shares under any circumstance. Each Class B ordinary share is entitled to twenty votes per share, whereas each Class A ordinary share is entitled to one vote per share.

 

Item 2(e).CUSIP No.:

 

G2957E 101.

 

4

 

 

Item 3.If this statement is filed pursuant to §§ 240.13d-1(b), or 240.13d -2(b) or (c), check whether the persons filing is a:

 

Not applicable.

 

Item 4.Ownership:

 

The responses to questions 5 through 9 and 11 on the cover page(s) are incorporated by reference into this Item 4. 

 

Item 5.Ownership of Five Percent or Less of a Class:

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

 

Item 6.Ownership of More than Five Percent on Behalf of Another Person:

 

Not applicable.

 

Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:

 

Not applicable.

 

Item 8.Identification and Classification of Members of the Group:

 

Not applicable.

 

Item 9.Notice of Dissolution of Group:

 

Not applicable.

 

Item 10.Certifications:

 

Not applicable.

 

5

 

 

LIST OF EXHIBITS

 

Exhibit No.   Description
A   Joint Filing Agreement (incorporated by reference to Exhibit A to Schedule 13G filed on February 13, 2020 by the reporting persons with the Securities and Exchange Commission)

 

6

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: November 14, 2024

 

  Calvin Choi
     
  /s/ Calvin Choi
     
  Infinity Power Investments Limited
     
  By: /s/ Feridun Hamdullahpur
  Name: Feridun Hamdullahpur
  Title: Director

 

[Signature Page to Schedule 13G/A]

 

 

7

 


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