Company: TGE
Filing Date: 2025-07-10
Form Type: 424B3
Source: 0001213900-25-062835
Chunk: 77

Company: Generation Essentials Group
Filing Date: 2025-07-10
Form: 424B3
Chunk 77
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 the extent our Controlling Shareholder does not continue to provide us
with such support, we will need to create our own support system. We may encounter operational, administrative and strategic difficulties
as we adjust to operating as a stand-alone public company. This may cause us to react more slowly than our competitors to industry changes
and may divert our management’s attention from running our business or otherwise harm our operations.

In addition, as a public company,
our management team will need to develop the expertise necessary to comply with the numerous regulatory and other requirements applicable
to public companies, including requirements relating to corporate governance, listing standards and securities and investor relationships
issues. As a stand-alone public company, our management will have to evaluate our internal controls system with new thresholds of materiality,
and to implement necessary changes to our internal controls system. We cannot guarantee that we will be able to do so in a timely and
effective manner.

We may have conflicts
of interest with our Controlling Shareholder and its affiliates and, because of our Controlling Shareholder’s controlling ownership
interest in our company, we may not be able to resolve such conflicts on terms favorable to us.

Our Controlling Shareholder
has significant influence in determining the outcome of any corporate actions or other matters that require shareholder approval, such
as mergers, consolidations, change of our name, and amendments of our memorandum and articles of association.

The concentration of ownership
and voting power may cause transactions to occur in a way that may not be beneficial to our securityholders and may prevent us from pursuing
transactions that would be beneficial to our securityholders. Conflicts of interest may arise between our Controlling Shareholder or its
affiliates and us in a number of areas relating to our past and ongoing relationships. Potential conflicts of interest that we have identified
include the following:

| ● | Our board members or executive officers may have conflicts of interest. Our chief executive                                                
 officer, Giampietro Baudo, is the chief executive officer of AMTD Digital Inc. Our chief financial officer and director, Samuel Chau,      
 is the chief financial reporting officer of our Controlling Shareholder. Our independent director, Dr. Feridun Hamdullahpur, is also       
 a director of our Controlling Shareholder and an independent director of AMTD Digital Inc. and AMTD IDEA Group. Also, Joanne Shoveller     
 is an independent director of AMTD Digital Inc. As a result, they may not have sufficient capacity to perform their duties in our company