AMTD group (NASDAQ: BEBE) discloses 87.5% ownership in TGE Value

Rhea-AI Filing Summary

TGE SpiderNet Capital Group LLC, The Generation Essentials Group, and AMTD Group Inc. report a dominant ownership position in TGE Value Creative Solutions Corp. The filing states they beneficially own 5,031,250 Class A Ordinary Shares, representing 87.5% of the class as of December 31, 2025.

TGE SpiderNet Capital Group LLC directly holds the shares with sole voting and dispositive power. The Generation Essentials Group and AMTD Group Inc. report shared voting and dispositive power over the same 5,031,250 shares through their control of TGE SpiderNet Capital Group LLC and, ultimately, The Generation Essentials Group.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

TGE Value Creative Solutions Corp

(Name of Issuer)

Class A Ordinary Shares, par value $0.0001 per share

(Title of Class of Securities)

G8773E100

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G8773E100

1

Names of Reporting Persons

TGE SpiderNet Capital Group LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 5,031,250.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 5,031,250.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,031,250.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

87.5 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Note to Row (5) and (7) - Representing 5,031,250 Class A Ordinary Shares directly by TGE SpiderNet Capital Group LLC.

SCHEDULE 13G

CUSIP No. G8773E100

1

Names of Reporting Persons

The Generation Essentials Group

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,031,250.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,031,250.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,031,250.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

87.5 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Note to Row (5) and (7) - Representing 5,031,250 Class A Ordinary Shares directly held by TGE SpiderNet Capital Group LLC. TGE SpiderNet Capital Group LLC is wholly owned by The Generation Essentials Group.

SCHEDULE 13G

CUSIP No. G8773E100

1

Names of Reporting Persons

AMTD Group Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,031,250.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,031,250.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,031,250.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

87.5 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: Note to Row (5) and (7) - Representing 5,031,250 Class A Ordinary Shares directly by TGE SpiderNet Capital Group LLC. TGE SpiderNet Capital Group LLC is wholly owned by The Generation Essentials Group. The Generation Essentials Group is ultimately controlled by AMTD Group Inc., which 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 The Generation Essentials Group, as of December 31, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: TGE Value Creative Solutions Corp
(b)	Address of issuer's principal executive offices: 66 rue Jean-Jacques Rousseau, Paris, France, 75001
Item 2.
(a)	Name of person filing: TGE SpiderNet Capital Group LLC The Generation Essentials Group AMTD Group Inc.
(b)	Address or principal business office or, if none, residence: For TGE SpiderNet Capital Group LLC: 66 rue Jean-Jacques Rousseau, Paris, 75001 For The Generation Essentials Group: 66 rue Jean-Jacques Rousseau, Paris, 75001 For AMTD Group Inc.: 66 rue Jean-Jacques Rousseau, Paris, 75001
(c)	Citizenship: TGE SpiderNet Capital Group LLC : Cayman Islands The Generation Essentials Group : Cayman Islands AMTD Group Inc. : British Virgin Islands.
(d)	Title of class of securities: Class A Ordinary Shares, par value $0.0001 per share
(e)	CUSIP No.: G8773E100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: TGE SpiderNet Capital Group LLC - 5,031,250 The Generation Essentials Group - 5,031,250 AMTD Group Inc. - 5,031,250
(b)	Percent of class: TGE SpiderNet Capital Group LLC - 87.5% The Generation Essentials Group - 87.5% AMTD Group Inc. - 87.5%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: TGE SpiderNet Capital Group LLC - 5,031,250 The Generation Essentials Group - 0 AMTD Group Inc. - 0
	(ii) Shared power to vote or to direct the vote: TGE SpiderNet Capital Group LLC - 0 The Generation Essentials Group - 5,031,250 AMTD Group Inc. - 5,031,250
	(iii) Sole power to dispose or to direct the disposition of: TGE SpiderNet Capital Group LLC - 5,031,250 The Generation Essentials Group - 0 AMTD Group Inc. - 0
	(iv) Shared power to dispose or to direct the disposition of: TGE SpiderNet Capital Group LLC - 0 The Generation Essentials Group - 5,031,250 AMTD Group Inc. - 5,031,250
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. See Exhibit A
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

TGE SpiderNet Capital Group LLC

Signature:	Feridun Hamdullahpur
Name/Title:	Director
Date:	02/17/2026

The Generation Essentials Group

Signature:	Feridun Hamdullahpur
Name/Title:	Director
Date:	02/17/2026

AMTD Group Inc.

Signature:	Feridun Hamdullahpur
Name/Title:	Director
Date:	02/17/2026

Exhibit Information

Exhibit A - Joint Filing Agreement

FAQ

What ownership stake is disclosed in the TGE Value (BEBE) Schedule 13G?

The Schedule 13G reports that the group beneficially owns 5,031,250 Class A Ordinary Shares of TGE Value Creative Solutions Corp., representing 87.5% of the class as of December 31, 2025, indicating a concentrated ownership position.

Who are the reporting persons in the TGE Value Creative Solutions Corp. (BEBE) Schedule 13G?

The filing lists three reporting persons: TGE SpiderNet Capital Group LLC, The Generation Essentials Group, and AMTD Group Inc., all reporting beneficial ownership of the same 5,031,250 Class A Ordinary Shares of TGE Value Creative Solutions Corp.

How is control over TGE Value (BEBE) shares structured among the reporting entities?

TGE SpiderNet Capital Group LLC directly holds 5,031,250 shares with sole voting and dispositive power. It is wholly owned by The Generation Essentials Group, which is ultimately controlled by AMTD Group Inc., giving those entities shared voting and dispositive power.

What percentage of The Generation Essentials Group is controlled by AMTD Group Inc. in relation to TGE Value (BEBE)?

AMTD Group Inc. is described as ultimately controlling The Generation Essentials Group, beneficially owning approximately 77.9% of its equity interests and 91.8% of its aggregate voting power as of December 31, 2025, strengthening AMTD’s indirect influence.

What is the class of securities covered in the TGE Value (BEBE) Schedule 13G filing?

The Schedule 13G covers Class A Ordinary Shares of TGE Value Creative Solutions Corp., each with a par value of $0.0001 per share, identified by CUSIP number G8773E100, as specified in the ownership disclosure.

Where is TGE Value Creative Solutions Corp. (BEBE) headquartered according to the Schedule 13G?

The filing lists the issuer’s principal executive offices at 66 rue Jean-Jacques Rousseau, Paris, France, 75001. The same Paris address is also given as the principal business office for the reporting entities in the ownership disclosure.