Company: TGE
Filing Date: 2025-03-21
Form Type: DRS/A
Source: 0001013762-25-001106
Chunk: 338

Company: Generation Essentials Group
Filing Date: 2025-03-21
Form: DRS/A
Chunk 338
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” “we,” “us” or “our” refer to The Generation Essentials Group and its subsidiaries. The following discussion and analysis of our financial condition and results of operations should be read in conjunction with “Information about TGE ,” “Selected Historical Financial Data of TGE ” and our consolidated and combined financial statements and the related notes and other financial information included elsewhere in this proxy statement / prospectus. This discussion and analysis should also be read together with the pro forma combined financial information in the section entitled “Summary Unaudited Pro Forma Condensed Combined Financial Information.” In addition to historical consolidated and combined financial information, the following discussion may contain forward -looking statements that reflect our plans, estimates, and beliefs that involve risks and uncertainties. Our actual results could differ materially from those discussed in the forward -looking statements as a result of many factors, including those factors set forth in the sections titled “Risk Factors” and “Cautionary Statement Regarding Forward -Looking Statements,” which you should review for a discussion of some of the factors that could cause actual results to differ materially from the results described in or implied by the forward -looking statements contained in the following discussion and analysis and elsewhere in this proxy statement / prospectus. Our combined financial statements for the years ended December 31, 2022 and 2023 presented and discussed in this proxy statement / prospectus capture the stand -alone media and entertainment services, hotel operation, hospitality and VIP services and strategic investment business (“ Carve -out Businesses”), which were operated under AMTD Group Inc., our controlling shareholder, during the historical periods. A series of reorganization steps were undertaken from October 2024 to November 2024 to establish us as the holding company of the Carve -out Businesses and the corresponding subsidiaries of AMTD Group Inc. The reorganization was not completed as of December 31, 2022 and 2023. Therefore, our results of operations for the period from January 1, 2022 through December 31, 2023 and financial condition as of December 31, 2022 and 2023 presented and discussed in this proxy statement / prospectus are those of certain subsidiaries of AMTD Group Inc., arising from the reorganization, which have been prepared on a carve -out basis. Upon the completion of the reorganization in November 2024, all entities operating in the Carve -out Businesses (except WME Assets Group, Fine Cosmos Development Limited and Singapore hotel companies) bec a me wholly -owned subsidiaries of the Company