Company: TGE
Filing Date: 2025-12-03
Form Type: 424B3
Source: 0001213900-25-117807
Chunk: 253

Company: Generation Essentials Group
Filing Date: 2025-12-03
Form: 424B3
Chunk 253
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 |         | 6,121 |   |     |         | 19,978 |   |
| ANALYSIS OF BALANCES OF CASH AND CASH EQUIVALENTS      |     |     |       |                         |       |   |     |         |       |   |     |         |        |   |
| Cash and bank balances                                 |     |     |       |                         | 1,208 |   |     |         | 6,121 |   |     |         | 19,978 |   |

<div align='center'>The accompanying notes are an integral part of
the consolidated financial statements.

F-27

THE GENERATION ESSENTIALS GROUP
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
F OR THE YEARS ENDED DECEMBER 31, 2022, 2023 AND 2024</div>

| 1. | CORPORATE INFORMATION |

The Generation Essentials Group (formerly
known as World Media and Entertainment Universal Inc.) (the “Company”) is a limited liability company incorporated in the
Cayman Islands. The Company’s immediate holding company is AMTD Digital Inc., a company incorporated in Cayman Islands. The Company’s
ultimate holding company is AMTD Group Inc. (“AMTD Group”), a private company incorporated in the British Virgin Islands
(“BVI”). The Company is an investment holding company. The Company and its subsidiaries (collectively known as “the
Group”) are involved in the provision of media and entertainment services, hotel operation, hospitality and VIP services and strategic
investments.

Particulars of the Company’s principal subsidiaries
as of the date of the report are as follows:

|                                     |     |                  |     |                          Issued and |     | Effective interests attributable 
                           to the 
                    Company as of |      |   |     |          |      |   |     |          |      |   |     |            |      |   |     |                                                                       |
|                                     |     | Place            |     |                    registered share |     |                     December 31, |      |   |     |          |      |   |     |          |      |   |     | date of    |      |   |     | Principal                                                             |
| Name                                |     | of Incorporation |     |                             capital |     |                             2022 |      |   |     |     2023 |      |   |     |     2024 |      |