Company: TGE
Filing Date: 2025-04-25
Form Type: F-4/A
Source: 0001213900-25-035536
Chunk: 500

Company: Generation Essentials Group
Filing Date: 2025-04-25
Form: F-4/A
Chunk 500
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 |          219 |   |     | 173,345 |   |
| As of December 31, 2023               |     |    194,635 |   |     |       122 |   |     |          352 |   |     | 195,109 |   |
| As of December 31, 2024               |     |    574,099 |   |     |        91 |   |     |          503 |   |     | 574,693 |   |

The above items of property, plant and equipment are depreciated on a straight -linebasis at the following rates per annum:

| Properties          |     | Over the shorter of 40 years and the remaining lease terms |
| Computer equipment  |     | 33⅓%                                                       |
| Right-of-use assets |     | Over the lease term                                        |

F-56 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.) As of December 31, 2022, 2023 and 2024, the Group’s properties are stated at revalued amounts of approximately US$173,126,000, US$194,635,000 and US$574,099,000, respectively. The fair value of the Group’s properties of US$173,126,000, US$179,221,000 and US$574,099,000, respectively, as of December 31, 2022, 2023 and 2024 is a Level 3 fair value measurement. During the year ended December 31, 2024, a property with carrying amount of US$15,414,000 as of December 31, 2023 transferred from Level 2 to Level 3 fair value measurement. In determining the fair values of the properties, the Group engages an independent qualified professional valuer to perform the valuation. The management works with the independent qualified professional valuer to establish the appropriate valuation techniques and inputs for Level 3 fair value measurement. Where there is a material change in the fair value of the properties, the causes of the fluctuations will be reported to the directors of the Company. The independent qualified professional valuer adopted the following approaches in determination of the revalued amount: •Hotel properties: income approach by using discounted