Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 308

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 308
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    2024 |      |   |
|                                                        |     |            US$’000 |      |   |     | US$’000 |      |   |     | US$’000 |      |   |
| The carrying amounts are repayable:                    |     |                    |      |   |     |         |      |   |     |         |      |   |
| Within one year                                        |     |                    |  100 |   |     |         |  185 |   |     |         |  253 |   |
| Within a period of more than one year but no more than 
 two years                                              |     |                    |  100 |   |     |         |  113 |   |     |         |  255 |   |
| Within a period of more than two years                 
 but no more than five years                            |     |                    |   20 |   |     |         |   85 |   |     |         |   12 |   |
|                                                        |     |                    |  220 |   |     |         |  383 |   |     |         |  520 |   |
| Less: Amount due for settlement                        
 within 12 months shown under current liabilities       |     |                    | (100 | ) |     |         | (185 | ) |     |         | (253 | ) |
| Amount due for settlement after 12 months              
 shown under non-current liabilities                    |     |                    |  120 |   |     |         |  198 |   |     |         |  267 |   |

The weighted average incremental borrowing rate applied
to lease liabilities is 1.71%, 3.72% and 2.57%, respectively, for the years ended December 31, 2022, 2023 and 2024.

| 24. | PROVISIONS |

| (a) | Claims from vendors |

| As of January 1, 2022                 |     | US$’000 |      — |   |
|:--------------------------------------|:----|:--------|-------:|:--|
| Acquisition of subsidiaries (note 34) |     |         |  4,094 |   |
| Settled during the year               |     |         |    (95 | ) |
| Exchange realignment                  |     |         |     80 |   |
| As of December 31, 202