Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 242

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 242
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 statements, the Group has the following subsequent events:

The Company
recently announced the intention to implement a business expansion and acquisition strategy in sectors with strategic adjacency.
The Company may sponsor and list a series of special purpose acquisition companies (each a “SPAC”), which then seeks to conduct
various “de-SPAC” business combinations with to-be-identified acquisition targets. Potential areas of focus will be in the
media (lifestyle, sports, movies etc), entertainment (film studio, production company, post production areas etc), streaming platforms
(music, videos, podcasts etc).

The Company,
together with AMTD IDEA Group and AMTD Digital Inc., recently jointly announced that cryptocurrencies would become an essential component
of the three companies’ war chest of liquid fund. Specifically, the portfolio of crypto assets we may build would prioritize Bitcoin
(BTC), Ethereum (ETH) and Tether (USDT). The Company intends to branch into and focus on cryptocurrency-related opportunities and developments
and the Company is in the process of evaluating and exploring options and opportunities in the tokenised crypto assets segment.

In November 2025, the Company entered
into an agreement to acquire the Ritz Carlton Hotel, located in Perth, the vibrant capital city of Western Australia. Also, the Company
entered into a definitive agreement to acquire a hotel in Kuala Lumpur. The hotel is located in Kuala Lumpur’s main commercial
and business district and is connected via a link bridge to Sunway Putra Mall and the Putra World Trade Centre. Closing of these acquisitions
is subject to customary closing conditions and have not occurred as of the date of this report.

In November 2025, the Company reached
a share repurchase program under which the Company may repurchase up to US$5 million of Class A ordinary shares until January 31,
2026.

<div align='center'>F-18

THE GENERATION ESSENTIALS GROUP</div>

|                                                                                                                  |     | Page(s)      |
| Report                                                                                                           
 of Independent Registered Public Accounting Firm (PCAOB Id No. 6783)                                             |     | F-20         |
| Audited                                                                                                          
 Consolidated Financial Statements                                                                                |     |              |
| Consolidated                                                                                                     
 Statements of Profit or Loss and Other Comprehensive Income for the Years Ended December 31, 2022, 2023 and 2024 |     | F-21         |
| Consolidated                                                                                                     
 Statements of Financial Position as of December 31, 2022,