Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 516

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 516
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 receivables at the date of acquisition amounted to of approximately US$920,000 and US$622,000, respectively. No accounts receivable and other receivables were expected to be uncollectible. Net cash inflow on acquisition of Singapore hotel companies

| Cash and cash equivalents balances acquired |     | 4,273 |

Impact of acquisition on the results of the Group Included in the combined profit for the six months ended June 30, 2024 is the loss of US$1,615,000 attributable to the business generated by Singapore hotel companies. Revenue for the six months ended June 30, 2024 includes US$5,117,000 generated from the acquisition. Had the acquisition of Singapore hotel companies been completed on January 1, 2024, revenue for the year of the Group would have been US$32.4 million, and profit for the year would have been US$26.7 million. The pro forma information is for illustrative purposes only and is not necessarily an indication of revenue and results of the operations of the Group that actually would have been achieved had the acquisition been completed on January 1, 2024, nor is it intended to be a projection of future events.

F-76

WORLD MEDIA AND ENTERTAINMENT UNIVERSAL INC.
NOTES TO THE COMBINED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2022 and 2023 and
six months ended June 30, 2023 AND 2024 35.NON-CONTROLLING INTERESTS The table below shows details of non -whollyowned subsidiaries of the Group which have material non -controllinginterests:

|                                              |     |        As of 
 December 31, 
         2022 |     |    2023 |     |    As of 
 June 30, 
     2024 |
|:---------------------------------------------|:----|-------------:|:----|--------:|:----|---------:|
|                                              |     |      US$’000 |     | US$’000 |     |  US$’000 |
| Fine Cosmos Development Limited (note (i))   |     |       24,949 |     |  26,942 |     |   26,338 |
| Singapore hotel companies (note (ii))        |     |            — |     |       — |     |   69,555 |
| Other non-controlling interests (note