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Stock impact report

TGE Celebrates a Successful 2025, Highlighting Growth in the Hospitality Sector [Yahoo! Finance]

The Generation Essentials Group Class A Ordinary Shares (TGE) 
Last the generation essentials group class a ordinary shares earnings: 8/2 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
Inc. (NYSE: HKD) and The Generation Essentials Group ("TGE", NYSE: TGE; LSE: TGE), a subsidiary of AMTD Digital Inc., jointly announce on the last day of 2025 that TGE has enjoyed a fruitful and successful year, particularly in the hospitality sector. In June of this year, TGE completed its de-SPAC business combination with Mr. Lawrence Ho's Black Spade Acquisition II Co and made its debut on the New York Stock Exchange. Building on the successful de-SPAC and the public listing of TGE, TGE has experienced continuous growth, particularly in its hospitality sector where it has effectively executed three SPAs for the acquisition of hotels in key cities around the globe, including locations in New York, Australia, and Malaysia. On a pro forma basis, taking into account the three executed SPAs, TGE's total assets increased by 24.6%, while net assets grew by 29.8% over the past six months. This growth has led TGE's total assets and net assets on a pro-forma basis to reach approximately Show less Read more
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