Company: TGE
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001213900-25-057225
Chunk: 147

Company: Generation Essentials Group
Filing Date: 2025-06-24
Form: F-1
Chunk 147
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 |       |   |
| Owners of the Company                                                                                        |     |                                                                    | 75,061 |   |     |   | 240.1 |   |     |      |  11,144 |   |     |   |  26.3 |   |     |      |  41,725 |   |     |   |  54.2 |   |
| Non-controlling interests                                                                                    |     |                                                                    | 23,335 |   |     |   |  74.6 |   |     |      |  19,087 |   |     |   |  44.9 |   |     |      |  24,359 |   |     |   |  31.6 |   |
|                                                                                                              |     |                                                                    | 98,396 |   |     |   | 314.7 |   |     |      |  30,231 |   |     |   |  71.2 |   |     |      |  66,084 |   |     |   |  85.8 |   |

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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-added marketing services including branded content, video production, social media activation, event creation, and
experiential marketing, among other services.

Hotel operation, hospitality and VIP services segment.We engage in hotel operations, hospitality and VIP services

The strategic investment segment.We engage in proprietary investments and management of high-quality investment portfolio, including listed and unlisted
equity shares investments and movie income right investments.

Our management monitors the
results of our operating segments separately for the purpose of making decisions about resources allocation and performance assessment.
Segment performance is evaluated based on reportable segment result, which is a measure of profit before tax from operations. The profit
before tax from operations is measured after allocation of attributable costs of specialized staff and direct operating costs consistently
with our profit before tax from operations. Other income, gain from a bargain purchase, finance costs, impairment loss under expected
credit loss model on financial assets and corporate expenses such as staff costs not directly attributable to segments, short-term leases
and administrative expenses are excluded from such measurement.