Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 314

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 314
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 2024 |
|:--------------------------|:----|:------------------------|--------:|:----|:----|--------:|:----|:----|--------:|
|                           |     |                         | US$’000 |     |     | US$’000 |     |     | US$’000 |
| Marketing services income |     |                         |   2,888 |     |     |   2,726 |     |     |   2,737 |

<div align='center'>F-67

THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024</div>

| 31. | FINANCIAL INSTRUMENTS BY CATEGORY |

The carrying amounts of each of the
categories of financial instruments as of the end of the reporting period are as follows:

| As of December 31, 2022          |     | Financial 
 assets at 
 FVTPL     
 US$’000   |         |     | Financial 
 assets at 
 amortized 
 cost      
 US$’000   |        |     | Total   
 US$’000 |         |
|:---------------------------------|:----|:----------|--------:|:----|:----------|-------:|:----|:--------|--------:|
| Accounts receivable              |     |           |       — |     |           |  2,831 |     |         |   2,831 |
| Financial assets at FVTPL        |     |           | 123,921 |     |           |      — |     |         | 123,921 |
| Derivative financial assets      |     |           | 185,069 |     |           |      — |     |         | 185,069 |
| Amounts due from joint ventures  |     |           |       — |     |           | 30,554 |     |         |  30,554 |
| Deposits and other receivables   |     |           |       — |     |           |  1,892 |     |         |   1,892 |
| Restricted cash                  |     |           |       — |     |           |    415 |     |         |     415 |
| Cash and bank balances           |     |           |       — |     |           |  1,