Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 463

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 463
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100 | % |     |  100 | % |     | Investment holding and media and entertainment services               |
| WME Direct Investment Limited     |     | BVI            |      | US$              |                            1 |      |                                    49.1 | % |            |     46.6 | % |     |      100 | % |     |  100 | % |     | Investment holding                                                    |

____________ Notes: (i)WME Assets Group is the holding company of the Group’s hotel operation, hospitality and VIP services in Hong Kong and Singapore at the date of this report. (ii)L’Officiel Group Inc. is the holding company of the Group’s media and entertainment business unit of “L’Officiel” at the date of this report. During the year ended December 31, 2022, the Group acquired 100% interests of L’Officiel. Details refer to note 34. (iii)The Art Newspaper Group Inc. is the holding company of the Group’s media and entertainment business unit of “The Art Newspaper” at the date of this report. During the year ended December 31, 2023, the Group acquired 100% interests in The Art Newspaper. Details refer to note 34. (iv)The reorganization of the Group is not yet completed as of December 31, 2022 and 2023, the combination of entities and related businesses are common control of AMTD Group. The effective interests attributable to the Group as of December 31, 2022 and 2023 represented the effective interests of respective entities under AMTD Group. The effective interests of certain entities are lower than 50%, AMTD Group owns class B shares of AMTD IDEA Group and AMTD IDEA Group owns class B shares of AMTD Digital Inc., of which class B shares of AMTD IDEA Group and AMTD Digital Inc. entitled 20 votes on each share. As such, AMTD Group can exercise their control over the combined entities.

F-30 THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F OR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024 2.APPLICATION OF INTERNATIONAL FINANCIAL REPORTING STANDARDS 2.1BASIS OF PRESENTATION The consolidated financial statements include the financial statements of certain subsidiaries of AMTD Group arising from the reorganization, and also include the results of operations