TGE Value Creative Solutions Corp
BEBE·NYSE·Real Estate & Construction·CIK 0002079933
TGE Value Creative Solutions Corp is a blank check company incorporated in the Cayman Islands. Its purpose is to complete a business combination. While the company may consider opportunities in various industries and geographies, its main focus is on identifying and acquiring a business in the media, digital media, entertainment, high fashion, lifestyle, culture, and gaming sectors. The company's sponsor, TGE SpiderNet Capital Group LLC, a Cayman Islands limited liability company, is wholly owned by The Generation Essentials Group, or TGE. TGE is a New York Stock Exchange and London Stock Exchange dual-listed company headquartered in France, focusing on global strategies and developments in multi-media, entertainment, cultural affairs, hospitality, and VIP services. TGE owns a diversified portfolio of media and entertainment businesses, including L'Officiel, The Art Newspaper, movie and entertainment projects, and a global portfolio of premium properties. Both TGE SpiderNet Capital Group LLC and TGE are ultimately controlled by AMTD Group. As of the date of this Annual Report, AMTD Group beneficially owns approximately 77.9% of the equity interests and 91.8% of the aggregate voting power of the total issued and outstanding share capital of TGE SpiderNet Capital Group LLC, and approximately 77.9% of the equity interests and 91.8% of the aggregate voting power of the total issued and outstanding share capital of TGE. The board of directors of TGE consists of Ms. Joanne Shoveller, Mr. Raymond Yung, and Dr. Feridun Hamdullahpur. The board of directors of AMTD Group consists of Mr. Marcellus Wong and Dr. Feridun Hamdullahpur, and no shareholder holds more than 20% of AMTD Group's equity interests. TGE Value Creative Solutions Corp intends to use AMTD's operational track record, investment expertise, and long-term capital base to enhance the value of its future partner.