Company: TGE
Filing Date: 2025-02-19
Form Type: DRS
Source: 0001213900-25-015012
Chunk: 495

Company: Generation Essentials Group
Filing Date: 2025-02-19
Form: DRS
Chunk 495
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105,776 |   |     |   10,331 |   |     |    5,555 |   |
| Total comprehensive income for the year/period |     |      107,374 |   |     |    5,217 |   |     |    4,461 |   |
| Addition information of the joint ventures     |     |              |   |     |          |   |     |          |   |
| Cash and cash equivalents                      |     |       14,321 |   |     |    3,516 |   |     |        — |   |
| Amounts due to shareholders                    |     |       60,411 |   |     |   48,280 |   |     |        — |   |
| Bank borrowings (note)                         |     |      161,772 |   |     |  163,438 |   |     |        — |   |
| Depreciation of property, plant and equipment  |     |        6,820 |   |     |    7,209 |   |     |    1,777 |   |
| Finance costs                                  |     |        4,167 |   |     |    8,221 |   |     |    1,836 |   |

____________ *The amounts represented the profit or loss of the joint ventures from January 1, 2024 to March 31, 2024 before the recognition of Singapore hotel companies as subsidiaries on April 1, 2024. Note: On November 14, 2019, the Group provided a corporate guarantee to a bank in relation to the granting of banking facilities of SGD217,000,000 to the joint ventures for a maturity period of 3 years. The Group limits the corporate guarantee of 51% of the banking facilities. Subsequently, the corporate guarantee has been extended to May 2023. This corporate guarantee is expired by then. In July 2023, AMTD IDEA Group provided a corporate guarantee to another bank in relation to the banking facilities of SGD217,000,000 to the joint ventures for a maturity of 5 years. AMTD IDEA Group limits the corporate guarantee of 51% of the banking facilities. The banking facilities are also pledged by a property in Singapore and guaranteed by another shareholder of the joint ventures. There is no default payment by the joint ventures for the years/period.

F-56

WORLD MEDIA AND ENT