Company: TGE
Filing Date: 2025-04-11
Form Type: F-4
Source: 0001213900-25-031177
Chunk: 312

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: F-4
Chunk 312
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 have converted L’Officiel’sthen existing businesses in Singapore, Malaysia and Philippines from a franchise licensee model to a direct ownership model. As of the date of this prospectus, L’Officiel’s operations in the U.S., Italy, France, Hong Kong, Singapore, Malaysia, Philippines and Japan as well as the operations of The Art Newspaperin the United States, the United Kingdom and France are conducted under our direct ownership model, while the remaining regions in which L’Officieland The Art Newspaperhas a presence, respectively, are run by our franchisees. We believe a direct ownership model improves content creation, sharing and syndication, enables cross -regioncontent distribution and collaborations between different titles, allows implementation of best practices across different segments, ensures our missions and visions are carried out in each area of our businesses, and empowers us to deliver timely and relevant global and local content servicing a wide base of audience. It also enables us to more effectively pursue our key growth drivers, improve efficiencies, and harvest greater synergies among the sectors and geographies that we cover, thereby delivering more compelling value propositions for our audience and customers. Production of Print Publications Our paper procurement and printing functions are generally managed locally at the respective places of publication. We work with different external suppliers, producers and printers in different regions for efficiency purposes. Papers of various grades and weights are the principal raw materials used in the production of our print publications. A variety of factors affect paper prices and availability, including demand, capacity, raw material and energy costs and general economic conditions. Our current paper supply arrangements are based on a negotiated pricing framework which either applies for a year or until such time as renegotiated. We believe we will continue to have access to an adequate supply of paper for our future needs. Should disruptions affect our current suppliers, alternative sources of paper are generally available at competitive prices. Printing is a significant component in the production of our print publications. The printing function is typically consolidated under one -yearcontracts with a single printer at the place of publication. Distribution We distribute our publications in print. Subscription copies of our print publications are delivered through local courier or postal services that are typically operated under one -yearcontracts. To complement our publication business, we have developed and are growing internet capability which provides an additional means of reaching and expanding our target audience and enables us to deliver the latest news around the world in real -time. 193 We distribute our contents through an array of digital platforms including websites, mobile apps, social media, and streaming audio platforms. We provide