Company: TGE
Filing Date: 2025-11-21
Form Type: POS AM
Source: 0001213900-25-113604
Chunk: 232

Company: Generation Essentials Group
Filing Date: 2025-11-21
Form: POS AM
Chunk 232
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 |          |  3,738 |
|                                                                        |     |                  |  9,976 |     |          | 10,446 |
| Hotel operations, hospitality and                                      
 VIP services                                                           |     |                  |        |     |          |        |
| Hotel operation, hospitality and                                       
 VIP services income                                                    |     |                  | 12,668 |     |          |  7,905 |
| Subtotal revenue from contracts with customers                         |     |                  | 22,644 |     |          | 18,351 |
| Revenue from other sources                                             |     |                  |        |     |          |        |
| Strategic investment                                                   |     |                  |        |     |          |        |
| Net fair value changes on financial assets at FVTPL                    |     |                  | 56,173 |     |          |  7,220 |
| Dividend income and gain related to disposed financial assets at FVTPL |     |                  |  8,612 |     |          |  8,660 |
| Total                                                                  |     |                  | 87,429 |     |          | 34,231 |
| Revenue from contracts with customers                                  
 and timing of revenue recognition                                      |     |                  |        |     |          |        |
| Services transferred                                                   |     |                  |        |     |          |        |
| - at a point in time                                                   |     |                  |  6,476 |     |          |  6,708 |
| - over time                                                            |     |                  | 16,168 |     |          | 11,643 |
| Total                                                                  |     |                  | 22,644 |     |          | 18,351 |

<div align='center'>F-8

THE GENERATION ESSENTIALS GROUP

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FOR THE six months ended June 30, 2025</div>

| 4. | OPERATING SEGMENT INFORMATION |

Segment information is presented
based on internal reports about components of the Group that are regularly reviewed by the chief operating decision maker, being the
executive directors of the Company, for the purpose of allocating resources to segments and assessing their performance.

The Group now operates its businesses
in three operating segments: media and entertainment segment, hotel operations, hospitality and VIP services segment and strategic investment
segment.

Management monitors the results
of the Group