Company: TGE
Filing Date: 2025-04-11
Form Type: CORRESP
Source: 0001213900-25-031216
Chunk: 2

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: CORRESP
Chunk 2
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 of TGE Ordinary Shares under the “no redemptions” scenario, the 50% redemption scenario and the maximum redemption scenario,                     
 respectively. We note also that footnote 6 to the table on page 36 indicates that all of the securities listed in each of these rows are         
 controlled by AMTD Entities. Please revise or advise.                                                                                            |

In response to the Staff’s
comment, the Company has revised the disclosure on the cover page and pages 16, 17, 18 and 36 of the Registration Statement.

QUESTIONS AND ANSWERS ABOUT THE BUSINESS COMBINATION AND THE EXTRAORDINARY GENERAL MEETING

Q: What equity stake will Black Spade II Shareholders and TGE Shareholders have in TGE after the Business Combination?, page 16

| 2. | We note your response to our prior comment 3. Please provide                                                  
 the information added in footnote 6 to your redemption scenarios table in your Questions and Answers section. |

In response to the Staff’s
comment, the Company has revised the disclosure on pages 16, 17 and 18 of the Registration Statement.

Potential sources of dilution, page 37

| 3. | We note that the notes to your dilution table on page 38                        
 do not correctly correspond to the notes displayed in the table. Please revise. |

In response to the Staff’s
comment, the Company has revised the disclosure on pages 37 and 38 of the Registration Statement.

Securities and Exchange Commission

April 11, 2025

Page 3

Selected Historical Financial Data of TGE, page 57

| 4. | We note your disclosure on page 58 of the diluted earnings per share of $1.58 for the year ended                                        
 December 31, 2024. On page F-55, you disclose that no diluted earnings per share for the year were presented as there were no potential 
 ordinary shares. Please revise disclosures to remove the inconsistencies.                                                               |

In response to the Staff’s
comment, the Company has revised the disclosure on page 58 of the Registration Statement.

Unaudited Pro Forma Condensed Combined Statement of Financial Position, page 231

| 5. | The amount of the adjustment (e) in the 50% of the Maximum Redemption scenario does not appear correct. 
 Please revise the disclosure accordingly.                                                               |

In response to the Staff’s
comment, the Company has revised the disclosure on page 231 of the Registration Statement.

Notes to