Company: TGE
Filing Date: 2025-07-03
Form Type: F-1/A
Source: 0001213900-25-061211
Chunk: 93

Company: Generation Essentials Group
Filing Date: 2025-07-03
Form: F-1/A
Chunk 93
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 anticipated to be incurred prior to, or concurrent with, the consummation are reflected in the unaudited pro forma
condensed combined statement of profit or loss and other comprehensive income and are recognized as expenses.

The unaudited pro forma adjustments
are based on information currently available, and assumptions and estimates underlying the unaudited pro forma adjustments are described
in the accompanying notes. Actual results may differ materially from the assumptions used to present the accompanying unaudited pro forma
condensed combined financial information.

The Generation Essentials
Group and Black Spade II did not have any historical relationship prior to the Transactions. Accordingly, no pro forma adjustments
were required to eliminate activities between the companies.

The unaudited pro forma condensed
combined statement of financial position as of December 31, 2024, assumes that the Transactions occurred on December 31, 2024.

The unaudited pro forma condensed
combined statement of profit or loss and other comprehensive income for the year ended December 31, 2024 presents the pro forma adjustments
of the Transactions, as if they had been completed on January 1, 2024.

The unaudited pro forma condensed
combined statement of financial position as of December 31, 2024 has been prepared using, and should be read in conjunction with,
the following:

The unaudited pro forma condensed
statements of profit or loss and other comprehensive income for the year ended December 31, 2024 have been prepared using, and should
be read in conjunction with, the following:

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Management has made significant
estimates and assumptions in its determination of the pro forma adjustments. As the unaudited pro forma condensed combined financial information
has been prepared based on these preliminary estimates, the final amounts recorded may differ materially from the information presented.

The unaudited pro forma condensed
combined financial information does not give effect to any anticipated synergies, operating efficiencies, tax savings, or cost savings
that may be associated with the Transactions.

The pro forma adjustments
reflecting the consummation of the Transactions are based on certain currently available information and certain assumptions and methodologies
that The Generation Essentials Group believes are reasonable under the circumstances. The unaudited condensed pro forma adjustments, which
are described in the accompanying notes, may be revised as additional information becomes available and is evaluated. Therefore, it is
likely that the actual adjustments will differ from the pro forma adjustments, and it is possible that the difference may be material.
The