Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 502

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 502
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 years ended December 31, 2022, 2023 and 2024. The key inputs used in valuing the hotel property in Singapore by the independent qualified professional valuer under the aforesaid income approach were the discount rate used at 5.7% as of December 31, 2024 and average daily rates, which ranged from Singapore Dollar (“SGD”) 380 to SGD505 per room. Any decrease in the discount rate used would result in an increase in fair value measurement of the property, and vice versa, holding all other variables constant. The sensitivity to a 50 basis points increase/decrease in discount rate holding all other variables constant, the revalued amount of property will decrease/increase by approximately US$12,529,000/US$13,266,000 for the year ended December 31, 2024. F-57

THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024 11.PROPERTY, PLANT AND EQUIPMENT (cont.)

|                                       |     | Year ended December 31, 
                    2022 |     |    2023 |     |    2024 |
|:--------------------------------------|:----|------------------------:|:----|--------:|:----|--------:|
|                                       |     |                 US$’000 |     | US$’000 |     | US$’000 |
| Expense relating to short-term leases |     |                      51 |     |     216 |     |     243 |
| Total cash outflow for leases         |     |                      51 |     |     303 |     |     653 |

For the year, the Group leases offices for its operations. Lease contracts are entered into for fixed term of 3 to 6 years. Lease terms are negotiated on an individual basis and contain different terms and conditions. In determining the lease term and assessing the length of the non -cancellableperiod, the Group applies the definition of a contract and determines the period for which the contract is enforceable. The Group regularly entered short -termleases for offices. As of December 31, 2022, 2023 and 2024, the portfolio of short -termleases is similar to the portfolio of short -termleases to which the short -termlease expense disclosed above. 12.INTANGIBLE