Sector: Financials | Industry: Holding Companies |
Company Contact | |
Address: | Two Exchange Square 8 Connaught Place, Central 8 0 |
Tel: | N/A |
Website: | https://gaq.gen-mgmt.com |
IR: | See website |
Key People | ||
Roy Kuan Chief Executive Officer, Chairman of the Board | Catherine Kwok Chief Financial Officer | Norimitsu Niwa Chief Operating Officer, Director |
Business Overview |
Generation Asia I Acquisition Ltd is a blank check company principally incorporated for purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company's main target is to pursue prospective targets in the technology, media and telecommunications (TMT), business services and consumer sectors although there is no restriction or limitation on industry or geographic region. |
Financial Overview |
For the fiscal year ended 31 December 2023, Generation Asia I Acquisition Ltd revenues was not reported. Net income decreased 29% to $7M. Net income was partially offset by Fair Value Adjustments on Other Assets decrease of 97% to $257K (income), Loss from operations increase of 21% to $1.2M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from $0.35 to $0.30. |