Company: TGE
Filing Date: 2025-04-11
Form Type: CORRESP
Source: 0001213900-25-031216
Chunk: 1

Company: Generation Essentials Group
Filing Date: 2025-04-11
Form: CORRESP
Chunk 1
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 submitted on March 21, 2025 (the “Draft Registration Statement”) relating to the proposed business combination involving the Company and Black Spade Acquisition II Co (“Black Spade II”), a Cayman Islands exempted company.

Concurrently with the submission of this letter,
the Company is filing its registration statement on Form F-4 (the “Registration Statement”) and certain exhibits via
EDGAR with the Commission.

The Company has responded to the Staff’s
comments by revising the Draft Registration Statement to address the comments, or by providing an explanation if the Company has not so
revised the Draft Registration Statement. The Staff’s comments are repeated below in bold and are followed by the Company’s
responses. We have included page references in the Registration Statement where the language addressing a particular comment appears.
Capitalized terms used but not otherwise defined herein have the meanings set forth in the Registration Statement.

In addition to the revision and supplementation
of disclosures in response to the Staff’s comments, the Company has also included in the Registration Statement other information
and data to reflect developments since the last submission.

Securities and Exchange Commission

April 11, 2025

Page 2

Draft Registration Statement on Form F-4 submitted March 21, 2025

Cover Page

| 1. | We note your disclosure that "under the “no redemptions” scenario, the 50% redemption scenario and the maximum                                   
 redemption scenario, on a fully diluted basis, the AMTD [Group] Entities would hold 34.1%, 28.4% and 9.3% of TGE ordinary shares, respectively." 
 Please revise to ensure the information you are providing is accurate. In this regard, we note that your redemption scenarios table on           
 page 36 discloses that (1) Existing TGE Class A Shareholders will hold 34.1%, 38.4%, and 43.7% of TGE Ordinary Shares under the “no              
 redemptions” scenario, the 50% redemption scenario and the maximum redemption scenario, respectively; (2) Existing TGE Class B Shareholders      
 will hold 28.4%, 32.0%, and 36.3% of TGE Ordinary Shares under the “no redemptions” scenario, the 50% redemption scenario                        
 and the maximum redemption scenario, respectively; and (3) Existing TGE Class Preferred Shareholders will hold 9.3%, 10.5%, and 11.9%