Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 144

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 144
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 |   |       |   |     |      |         |   |     |   |       |   |     |      |         |   |     |   |       |   |     |                           |         |   |     |   |       |   |     |      |         |   |     |   |       |   |
| Owners of the Company                                       |     |                                                              | 75,061 |   |     |   | 240.1 |   |     |      |  11,144 |   |     |   |  26.3 |   |     |      |  41,725 |   |     |   |  54.2 |   |     |                           |  18,832 |   |     |   |  55.1 |   |     |      |   5,281 |   |     |   |   6.1 |   |
| Non-controlling interests                                   |     |                                                              | 23,335 |   |     |   |  74.6 |   |     |      |  19,087 |   |     |   |  44.9 |   |     |      |  24,359 |   |     |   |  31.6 |   |     |                           |  22,195 |   |     |   |  64.9 |   |     |      |   6,499 |   |     |   |   7.5 |   |
|                                                             |     |                                                              | 98,396 |   |     |   | 314.7 |   |     |      |  30,231 |   |     |   |  71.2 |   |     |      |  66,084 |   |     |   |  85.8 |   |     |                           |  41,027 |   |     |   | 120.0 |   |     |      |  11,780 |   |     |   |  13.6 |   |

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Discussion of Segment
Operations

We operate in three operating
segments: media and entertainment segment, hotel operations, hospitality and VIP services segment and strategic investment segment:

Media and entertainment segment.We engage in the provision of print and digital advertising campaigns, licensing, subscription, sales of magazines
and newspaper, and value