Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 426

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 426
---
emable ordinary shares held by AMTD Digital Inc. based on AMTD IDEA Group’s 37.2% beneficial ownership of AMTD Digital Inc. AMTD IDEA Group is a Cayman Islands company whose registered address is Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1 -1111, Cayman Islands. The board of directors of AMTD IDEA Group consists of Dr. Feridun Hamdullahpur, Dr. Timothy Tong, Dr. Annie Koh, Marcellus Wong, and Raymond Yung. AMTD IDEA Group is dual -listedon the NYSE and SGX and is 23.5% beneficially owned by AMTD Group Inc. (4)Prior to the Business Combination, represents (i) 5,108 ordinary shares and (ii) 1,680 non -votingredeemable ordinary shares held by AMTD Digital Inc., a Cayman Islands company whose registered address is Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1 -1111, Cayman Islands. The board of directors of AMTD Digital Inc. consists of Dr. Timothy Tong, Dr. Feridun Hamdullahpur, Joanne Shoveller and Mark Chi Hang Lo. AMTD Digital Inc. is listed on the NYSE and is 37.5% beneficially owned by AMTD IDEA Group. (5)Prior to Business Combination, consists of 857 ordinary shares held by South Horizon Oceans (Group) Co Inc., a Cayman Islands company whose registered address of is Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman, KY1 -1111, Cayman Island. South Horizon Oceans (Group) Co Inc. is owned by L.R. Capital China Growth II Company Limited.

272 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS Certain Relationships and Related Person Transactions — Black Spade On May 21, 2024, the Sponsor purchased 4,312,500 of the BSII Class B ordinary shares (the “Founder Shares”) in exchange for a capital contribution of $25,000 that was paid by the Sponsor for deferred offering costs. In connection with the partial exercise of underwriters’ over -allotmentoption in Black Spade II’s IPO, 487,500 Class B ordinary shares were forfeited and the Sponsor subsequently holds 3,825,000 Founder Shares. On August 20,