Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 162

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 162
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 equity securities price risk because certain investments we held are classified in the combined statements
of financial position as financial assets at FVTPL. Profit for the year would increase/decrease as a result of gains/losses on equity
securities classified as financial assets at FVTPL.

As of December 31,
2022, 2023 and 2024 and the six months ended June 30, 2024 and 2025, if there had been a 5% increase/decrease in the equity price of
listed equity shares, included in financial assets at FVTPL, with all other variables held constant, our profit before tax would have
been approximately US$5,524,000, US$3,603,000, US$20,376,000, US$3,577,000 and US$17,807,000, respectively.

We also had concentration
risk in two listed equity shares as of December 31, 2022 and 2023. As of December 31, 2024 and June 30, 2025, we had concentration
risk relating to our holdings of the listed equity shares of AMTD Digital Inc. Bank of Qingdao Co., Ltd and Guangzhou Rural Commercial
Bank Co., Ltd.

We entered into certain agreements
in relation to the movement of the share price of the entirety of our holding of certain listed shares to reduce our exposure to the
changes in fair value of financial assets. The derivative financial asset is initially recognized at fair value and are subsequently
remeasured at fair value and any gains or losses arising from changes in fair value of derivative financial asset are taken directly
to profit or loss.

No sensitivity analysis is
prepared on unlisted equity shares and movie income right investments as our directors consider that the impact on the price risk is
insignificant.

<div align='center'>101</div>

Foreign Currency
Risk

We have certain transactions
denominated in foreign currencies which are different from our functional currency, and therefore we are exposed to foreign currency
risk. We currently do not have a foreign currency hedging policy. However, our management monitors foreign exchange exposure and will
consider hedging significant foreign exchange exposure should the need arise.

Our key currency risk
exposure primarily arises from accounts receivable, accounts payable and bank balances denominated in other currencies. As of December 31,
2022, 2023 and 2024 and the six months ended June 30, 2025, we had no significant exposure