SecProbe.io

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PS INTERNATIONAL GROUP LTD.

Unit 1703, 17/F, First Group Centre

23 Wang Chiu Road, Kowloon Bay, Kowloon, Hong
Kong

August 14, 2026

VIA EDGAR

U.S. Securities and Exchange Commission

Division of Corporation Finance

Office of Technology

100 F Street, NE

Washington D.C. 20549

    RE:
    PS International Group Ltd.

    File No. 333-297955

    Registration Statement on Form F-3, as amended

Ladies and Gentlemen:

Pursuant to Rule 461 of the
General Rules and Regulations under the Securities Act of 1933, as amended (the “Act”), PS International Group Ltd.
(the “Registrant”) hereby requests that the United States Securities and Exchange Commission (the “Commission”)
take appropriate action to accelerate the effective date of the above-referenced registration statement (the “Registration Statement”)
so as to become effective on Wednesday, August 19, 2026, at 9:00 a.m. Eastern Time , or as soon thereafter as practicable.

The Registrant understands
that the Commission will consider this request for acceleration of the effective date of the Registration Statement as a confirmation
of the fact that the Registrant is aware of its responsibilities under the Act and the Securities Exchange Act of 1934, as amended, as
they relate to the proposed sale of the securities specified in the Registration Statement by the Registrant.

Once the Registration Statement
is effective, please orally confirm the event with our counsel, Loeb & Loeb LLP, by calling Hermione Krumm at (212) 407-4062. We also
respectfully request that a copy of the written order from the Commission verifying the effective date and time of the Registration Statement
be sent to Ms. Krumm via email at hkrumm@loeb.com.

Sincerely,

    PS International Group Ltd.

    By:
    /s/ Chunlin Tong

    Chunlin Tong

    Chief Executive Officer

August 11, 2026
Man Kiu Chan
Chief Financial Officer
PS International Group Ltd.
Unit 1703, 17/F, First Group Centre
23 Wang Chiu Road, Kowloon Bay, Kowloon, Hong Kong
Re: PS International Group Ltd.
Registration Statement on Form F-3
Filed August 4, 2026
File No. 333-297955
Dear Man Kiu Chan:
 This is to advise you that we have not reviewed and will not review your registration
statement.
 Please refer to Rules 460 and 461 regarding requests for acceleration. We remind you that
the company and its management are responsible for the accuracy and adequacy of their
disclosures, notwithstanding any review, comments, action or absence of action by the staff.
 Please contact Kevin Dougherty at 202-551-3271 with any questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc: Hermione Krumm

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 PS International Group Ltd.

 January 12, 2026

 Via EDGAR

 Division of Corporation Finance

 U.S. Securities and Exchange Commission

 100 F Street, NE

 Washington, D.C., 20549

 Attention:
 Karina Doran

 Re:
 PS International Group Ltd. (CIK No. 0001997201)

 Registration Statement on Form F-1, as amended

 Initially Filed on December 1, 2025

 File No. 333- 292196

 Dear Ms. Karina Doran:

 In accordance with Rule 461
of the General Rules and Regulations under the Securities Act of 1933, as amended, PS International Group Ltd. hereby requests that
the effectiveness of the above-referenced Registration Statement on Form F-1, as amended, be accelerated to and that the Registration
Statement become effective at 4:30 p.m., Eastern Time, on January 14, 2026, or as soon thereafter as practicable.

 Very truly yours,

 PS International Group Ltd.

 By:
 /s/ Yee Kit Chan

 Name:
 Yee Kit Chan

 Title:
 Director and Chairman of the Board

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June 20, 2024

VIA EDGAR

U.S. Securities and Exchange Commission

Division of Corporation Finance

Office of Energy & Transportation

100 F Street, N.E.

Washington, D.C. 20549

 Attn: Mr. Gus Rodriguez

Mr. Mark Wojciechowski

Mr. Michael Purcell

Ms. Karina Dorin

 Re: PS International Group Ltd. (CIK: 0001997201)

Registration Statement on Form F-4 (File No. 333-279807)

Dear Ladies and Gentlemen:

Pursuant to Rule 461 of Regulation
C (“Rule 461”) promulgated under the Securities Act of 1933, as amended, PS International Group Ltd. (the “Company”)
hereby requests that the effectiveness of the above-referenced Registration Statement on Form F-4 (the “Registration Statement”)
be accelerated to, and that the Registration Statement become effective at, 4:00 p.m., Eastern Time on June 21, 2024, or as soon thereafter
as practicable.

If there is any change in
the acceleration request set forth above, the Company will promptly notify you of the change, in which case the Company may be making
an oral request of acceleration of the effectiveness of the Registration Statement in accordance with Rule 461. Such request may be made
by an executive officer of the Company or by any attorney from the Company’s U.S. counsel, Cooley LLP.

[Signature page follows]

    Very truly yours,

    PS International Group Ltd.

    By:

    /s/ Yee Kit Chan

    Name:
    Yee Kit Chan

    Title:
    Director

    cc:
    Will H. Cai, Esq., Partner, Cooley LLP

Hok Wai Alex Ko, Chief Executive Officer and Director, PSI Group Holdings Ltd

Chun Kit Tsui, Chief Financial Officer, PSI Group Holdings Ltd

Eric Chen, Chief Executive Officer, AIB Acquisition Corporation

Barry I. Grossman, Esq., Partner, Ellenoff Grossman & Schole LLP

Nahal A. Nellis, Esq., Partner, Ellenoff Grossman & Schole LLP

Jessica Yuan, Esq., Partner, Ellenoff Grossman & Schole LLP

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Will H. Cai

+852 3758 1210

wcai@cooley.com

June 14, 2024

VIA EDGAR

U.S. Securities and Exchange Commission

Division of Corporation Finance

Office of Energy & Transportation

100 F Street, N.E.

Washington, D.C. 20549

 Attn: Mr. Gus Rodriguez

Mr. Mark Wojciechowski

Mr. Michael Purcell

Ms. Karina Dorin

 Re: PS International Group Ltd.

Registration Statement on Form F-4

Filed May 30, 2024

File No. 333-279807

Ladies and Gentlemen:

On behalf of our client, PS
International Group Ltd. (the “Company”), we are responding to the comments (the “Comments”)
of the staff (the “Staff”) of the Securities and Exchange Commission (the “Commission”)
contained in the letter dated June 11, 2024, relating to the Registration Statement on Form F-4 (the “Registration Statement”).
In response to the Comments, the Company is publicly filing its Amendment No.1 to the Registration Statement on Form F-4 (the “Amendment
No.1”) and a revised exhibit via EDGAR with this response letter.

Page references in this response
letter correspond to the page numbers of the Amendment No. 1. Capitalized terms used but not otherwise defined herein have the meanings
set forth in the Amendment No. 1.

Registration Statement on Form F-4

Unaudited Pro Forma Condensed Combined Financial
Information, page 152

 1. We note you provided unaudited interim financial statements for AIB Acquisition Corp as of and for
the quarterly period ended March 31, 2024 on pages F-26 to F-49 of the Form F-4. Please explain to us how you considered revising your
pro forma financial statements to include the financial information for this interim period. Further, please tell us your intentions regarding
the inclusion of updated interim financial statements for PSI Group Holdings Ltd in future filings.

The Company respectfully advises the Staff that, pursuant to Section
6220.8(a) of the Financial Reporting Manual, the age of the pro forma financial information included in a registration statement is based
on the age of financial statements requirement applicable to the registrant. If the registrant is a foreign private issuer, such as the
Company, the age of the pro forma information may be determined by reference to Item 8 of Form 20-F. Pursuant to Item 8 of Form 20-F,
the pro forma information included in the Amendment No. 1 must at the minimum contain (i) statements of operations for the year ended
December 31, 2023, and (ii) balance sheet as of December 31, 2023. The pro forma information disclosed in the Amendment No. 1 includes
the following, which in the Company’s view, satisfies the requirements under Item 8 of Form 20-F:

 1. Unaudited pro forma combined balance sheet as of December 31,
2023 that combines the historical audited balance sheet of AIB as of December 31, 2023 with the historical audited balance sheets of
PSI Group Holdings Ltd (“PSI”) as of December 31, 2023; and

 2. Unaudited pro forma combined statements of operations for the year ended December 31, 2023 that combines
the historical statements of operations of AIB for the year ended December 31, 2023 with the historical statements of operations of PSI
for the year ended December 31, 2023.

June 14, 2024

Page 2

The Company further
advises the Staff that, pursuant to Section 6220.4 of the Financial Reporting Manual, the age requirements in Item 8 of Form 20-F also
apply to financial statements of foreign target businesses required in Form F-4. Pursuant to Item 8 of Form 20-F, the Company must include
interim financial statements for PSI, a foreign target, covering at least the six months ended June 30, 2024, if the Company’s registration
statement is dated more than nine months after the end of 2023. Given the Company expects to complete the Business Combination by the
end of June and early July of 2024, and expects the registration statement to be effective before then, the Company believes that it will
not be required to include updated interim financial statements for PSI.

Exhibits

 2. Please have counsel revise its opinion in Exhibit 5.1 to remove the assumptions in Sections 2(g) and
(h). It is not appropriate for counsel to include in its opinion assumptions that assume any of the material facts underlying the opinion.
Refer to Section II.B.3.a of Staff Legal Bulletin No. 19.

In response to the Staff’s Comment,
the Company has filed an updated opinion as Exhibit 5.1 to the Amendment No. 1.

General

 3. We note your revised disclosure in response to prior comment 4 states that Nasdaq’s initial listing
requirements to list its securities on Nasdaq is a condition to the Closing. Please revise to clarify if such condition is waivable. Please
also update your disclosure to advise if AIB requested in writing that the Counsel review the Panel’s decision within 15 days of
the date of the Notice on May 7, 2024.

The
Company respectfully acknowledges the Staff's comment and has revised the referenced disclosure. Please see pages iii, iv, 26, 42,
81 to 83 and 171 of the Amendment No. 1.

*        *        *

Cooley HK 35th Floor Two Exchange Square 8 Connaught
Place Central Hong Kong

T: +852 3758 1200 F:+852 3014 7818 cooley.com

June 14, 2024

Page 3

If you have any questions regarding the response letter, please contact
the undersigned by phone at +852-3758-1210 or via e-mail at wcai@cooley.com.

    Very truly yours,

    /s/ Will H.
    Cai

    Will H. Cai

cc: Yee Kit Chan, Chairman of the Board and Director, PSI Group Holdings
Ltd

Hok Wai Alex Ko, Chief Executive Officer and Director, PSI Group Holdings Ltd

Chun Kit Tsui, Chief Financial Officer, PSI Group Holdings Ltd

Eric Chen, Chief Executive Officer, AIB Acquisition Corporation

Barry I. Grossman, Esq., Partner, Ellenoff Grossman & Schole LLP

Jessica Yuan, Esq., Partner, Ellenoff Grossman & Schole LLP

United States securities and exchange commission logo
June 11, 2024
Hok Wai Alex Ko
Chief Executive Officer
PS International Group Ltd.
Unit 1002, 10/F
Join-in Hang Sing Centre
No.2-16 Kwai Fung Crescent, Kwai Chung
New Territories, Hong Kong
Re:PS International Group Ltd.
Registration Statement on Form F-4
Filed May 30, 2024
File No. 333-279807
Dear Hok Wai Alex Ko:
            We have reviewed your registration statement and have the following comments.
            Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe a comment applies to your facts and circumstances
or do not believe an amendment is appropriate, please tell us why in your response.
            After reviewing any amendment to your registration statement and the information you
provide in response to this letter, we may have additional comments. Unless we note otherwise,
any references to prior comments are to comments in our May 17, 2024 letter.
Registration Statement on Form F-4
Unaudited Pro Forma Condensed Combined Financial Information, page 152
1.We note you provided unaudited interim financial statements for AIB Acquisition Corp as
of and for the quarterly period ended March 31, 2024 on pages F-26 to F-49 of the Form
F-4.  Please explain to us how you considered revising your pro forma financial
statements to include the financial information for this interim period. Further, please tell
us your intentions regarding the inclusion of updated interim financial statements for PSI
Group Holdings Ltd in future filings.
Exhibits
2.Please have counsel revise its opinion in Exhibit 5.1 to remove the assumptions in
Sections 2(g) and (h). It is not appropriate for counsel to include in its opinion

 FirstName LastNameHok Wai Alex Ko
 Comapany NamePS International Group Ltd.
 June 11, 2024 Page 2
 FirstName LastName
Hok Wai Alex Ko
PS International Group Ltd.
June 11, 2024
Page 2
assumptions that assume any of the material facts underlying the opinion. Refer to Section
II.B.3.a of Staff Legal Bulletin No. 19.
General
3.We note your revised disclosure in response to prior comment 4 states that Nasdaq’s
initial listing requirements to list its securities on Nasdaq is a condition to the Closing.
Please revise to clarify if such condition is waivable.  Please also update your disclosure
to advise if AIB requested in writing that the Counsel review the Panel’s decision within
15 days of the date of the Notice on May 7, 2024.
            We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
            Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate
time for us to review any amendment prior to the requested effective date of the registration
statement.
            Please contact Gus Rodriguez at 202-551-3752 or Mark Wojciechowski at 202-551-3759
if you have questions regarding comments on the financial statements and related matters. Please
contact Michael Purcell at 202-551-5351 or Karina Dorin at 202-551-3763 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc:       Will Cai

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Will H. Cai

+852 3758 1210

wcai@cooley.com

May 30, 2024

VIA EDGAR

U.S. Securities and Exchange Commission

Division of Corporation Finance

Office of Energy & Transportation

100 F Street, N.E.

Washington, D.C. 20549

Attn: Mr. Gus Rodriguez

Mr. Mark Wojciechowski

Mr. Michael Purcell

Ms. Karina Dorin

Re: PS International Group Ltd.

Amendment No. 2 to Draft Registration Statement on Form F-4

Submitted May 9, 2024

CIK No. 0001997201

Ladies and Gentlemen:

On behalf of our client, PS
International Group Ltd. (the “Company”), we are responding to the comments of the staff (the “Staff”)
of the Securities and Exchange Commission (the “Commission”) contained in the letter dated May 17, 2024, relating
to the Amendment No. 2 to Draft Registration Statement on Form F-4 (the “DRS/A”). In response to the Comments,
the Company has revised the DRS/A and is publicly filing its registration statement on Form F-4 (the “Registration Statement”)
and certain exhibits via EDGAR with this response letter.

Page references in this response
letter correspond to the page numbers of the Registration Statement. Capitalized terms used but not otherwise defined herein have the
meanings set forth in the Registration Statement.

Amendment No. 2 to Draft Registration Statement
on Form F-4

Cover Page

 1. We note your revised disclosure in response to prior comment 1. Please expand your disclosure to quantify
the dividends paid to shareholders in November 2023.

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

 2. You disclose that almost all of PSI’s operations are located in Hong Kong. Please revise your
disclosure to clarify whether any of PSI’s operations are located within mainland China.

In
response to the Staff’s comment, the Company has revised the disclosure on the cover page, pages 40 and 64 and elsewhere of the
Registration Statement to clarify that all of PSI’s operations are located in Hong Kong. In
addition, the Company confirms that none of PSI’s operations are located within Mainland China.

May 30, 2024

Page 2

Summary of Risk Factor, page 37

 3. We note your response to prior comment 4 and reissue the comment. Please revise to include cross-references
to the more detailed discussion of each of these risks in the prospectus.

In response to the Staff’s comment,
the Company has revised the disclosure on pages 37 through 46 of the Registration Statement.

Risk Factors

Risks Related to AIB and the Business Combination

Nasdaq may delist AIB’s securities
from trading on its exchange prior to the Business Combination..., page 75

 4. We note your disclosure on page 76 that on May 7, 2024 AIB received a written notice from the Panel
indicating that the Panel had decided to delist AIB’s securities from Nasdaq and trading of AIB securities was suspended at the
open of trading on May 9, 2024. Please revise your disclosure throughout the proxy statement/prospectus to reflect that AIB’s securities
have been delisted from Nasdaq and the risks and impacts this has on holders of your securities, including the obligations of PSI and
Pubco. For example, we note that the business combination agreement may be terminated by PSI if AIB’s ordinary shares have become
delisted from Nasdaq and are not relisted within 60 days.

In response to the Staff’s comment,
the Company has revised the disclosure on cover page, pages 26, 42, 81, 82, 83 and 171 of the Registration Statement.

Enforceability of Civil Liabilities, page
254

 5. We note your disclosure that all of your directors and executive officers are nationals and/or residents
of countries other than the United States. Please revise your disclosure to identify the relevant individuals who are located in Hong
Kong or the PRC.

In response to the
Staff’s comment, the Company has revised the disclosure on page 260 of the Registration Statement to identify such individuals.

Annex D, page D-1

 6. Your response to prior comment 10 states that you have filed the complete final opinion delivered to
the AIB Board. However, the cover page to the Fairness Opinion included as Annex D indicates that it is a draft. Please advise or revise.

In response to the
Staff’s comment, the Company has revised the cover page to the Fairness Opinion included as Annex D.

*        *        *

Cooley HK 35th Floor Two Exchange Square 8 Connaught
Place Central Hong Kong

T: +852 3758 1200 F:+852 3014 7818 cooley.com

May 30, 2024

Page 3

If you have any questions regarding
the response letter, please contact the undersigned by phone at +852-3758-1210 or via e-mail at wcai@cooley.com.

    Very truly yours,

    /s/Will H. Cai

    Will H. Cai

cc: Yee Kit Chan, Chairman of the Board and Director, PSI Group Holdings Ltd

Hok Wai Alex Ko, Chief Executive Officer and Director, PSI Group Holdings Ltd

Chun Kit Tsui, Chief Financial Officer, PSI Group Holdings Ltd

Eric Chen, Chief Executive Officer, AIB Acquisition Corporation

Barry I. Grossman, Esq., Partner, Ellenoff Grossman & Schole LLP

Jessica Yuan, Esq., Partner, Ellenoff Grossman & Schole LLP

United States securities and exchange commission logo
May 17, 2024
Hok Wai Alex Ko
Chief Executive Officer
PS International Group Ltd.
Unit 1002, 10/F
Join-in Hang Sing Centre
No.2-16 Kwai Fung Crescent, Kwai Chung
New Territories, Hong Kong
Re:PS International Group Ltd.
Amendment No. 2 to Draft Registration Statement on Form F-4
Submitted May 9, 2024
CIK No. 0001997201
Dear Hok Wai Alex Ko:
            We have reviewed your amended draft registration statement and have the following
comments.
            Please respond to this letter by providing the requested information and either submitting
an amended draft registration statement or publicly filing your registration statement on
EDGAR. If you do not believe a comment applies to your facts and circumstances or do not
believe an amendment is appropriate, please tell us why in your response.
            After reviewing the information you provide in response to this letter and your amended
draft registration statement or filed registration statement, we may have additional
comments. Unless we note otherwise, any references to prior comments are to comments in our
April 2, 2024 letter.
Amendment No. 2 to Draft Registration Statement on Form F-4
Cover Page
1.We note your revised disclosure in response to prior comment 1. Please expand your
disclosure to quantify the dividends paid to shareholders in November 2023.
2.You disclose that almost all of PSI's operations are located in Hong Kong. Please revise
your disclosure to clarify whether any of PSI's operations are located within mainland
China.

 FirstName LastNameHok Wai Alex Ko
 Comapany NamePS International Group Ltd.
 May 17, 2024 Page 2
 FirstName LastName
Hok Wai Alex Ko
PS International Group Ltd.
May 17, 2024
Page 2
Summary of Risk Factor, page 37
3.We note your response to prior comment 4 and reissue the comment.  Please revise to
include cross-references to the more detailed discussion of each of these risks in the
prospectus.
Risk Factors
Risks Related to AIB and the Business Combination
Nasdaq may delist AIB's securities from trading on its exchange prior to the Business
Combination..., page 75
4.We note your disclosure on page 76 that on May 7, 2024 AIB received a written notice
from the Panel indicating that the Panel had decided to delist AIB's securities from
Nasdaq and trading of AIB securities was suspended at the open of trading on May 9,
2024. Please revise your disclosure throughout the proxy statement/prospectus to reflect
that AIB's securities have been delisted from Nasdaq and the risks and impacts this has on
holders of your securities, including the obligations of PSI and Pubco. For example, we
note that the business combination agreement may be terminated by PSI if AIB's ordinary
shares have become delisted from Nasdaq and are not relisted within 60 days.
Enforceability of Civil Liabilities, page 254
5.We note your disclosure that all of your directors and executive officers are nationals
and/or residents of countries other than the United States.  Please revise your disclosure to
identify the relevant individuals who are located in Hong Kong or the PRC.
Annex D, page D-1
6.Your response to prior comment 10 states that you have filed the complete final opinion
delivered to the AIB Board. However, the cover page to the Fairness Opinion included as
Annex D indicates that it is a draft. Please advise or revise.
            Please contact Gus Rodriguez at 202-551-3752 or Mark Wojciechowski at 202-551-3759
if you have questions regarding comments on the financial statements and related matters. Please
contact Michael Purcell at 202-551-5351 or Karina Dorin at 202-551-3763 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc:       Will Cai

United States securities and exchange commission logo
April 2, 2024
Hok Wai Alex Ko
Chief Executive Officer
PS International Group Ltd.
Unit 1002, 10/F
Join-in Hang Sing Centre
No.2-16 Kwai Fung Crescent, Kwai Chung
New Territories, Hong Kong
Re:PS International Group Ltd.
Amendment No. 1 to Draft Registration Statement on Form F-4
Submitted March 19, 2024
CIK No. 0001997201
Dear Hok Wai Alex Ko:
            We have reviewed your amended draft registration statement and have the following
comments.
            Please respond to this letter by providing the requested information and either submitting
an amended draft registration statement or publicly filing your registration statement on
EDGAR. If you do not believe a comment applies to your facts and circumstances or do not
believe an amendment is appropriate, please tell us why in your response.
            After reviewing the information you provide in response to this letter and your amended
draft registration statement or filed registration statement, we may have additional
comments. Unless we note otherwise, any references to prior comments are to comments in our
February 26, 2024 letter.
Amendment No. 1 to Draft Registration Statement on Form F-4
Cover Page
1.We note your revised disclosure in response to prior comment 4 and reissue it in part.
Please revise to disclose your intentions to distribute earnings or settle amounts. In
addition, please expand your disclosure to discuss whether there are any restrictions or
limitations under the laws of BVI or Hong Kong on the distribution of earnings. In that
regard, we note your risk factor disclosure on page 63.

 FirstName LastNameHok Wai Alex Ko
 Comapany NamePS International Group Ltd.
 April 2, 2024 Page 2
 FirstName LastName
Hok Wai Alex Ko
PS International Group Ltd.
April 2, 2024
Page 2
Summary of the Proxy Statement/Prospectus
Regulatory Matters, page 35
2.We note your revised disclosure in response to prior comment 13 states that PSI's legal
advisor, Grandall Law Firm (Beijing), is of the opinion that PSI is not required to obtain
any licenses, approvals or prior permission from any PRC governmental authorities.
Please file a consent of counsel. In addition, please describe in this section the
consequences to you and your investors if you or your subsidiaries: (i) do not receive or
maintain such permissions or approvals, (ii) inadvertently conclude that such permissions
or approvals are not required, or (iii) applicable laws, regulations, or interpretations
change and you are required to obtain such permissions or approvals in the future.
Transfer of Cash to and from the Operating Subsidiaries, page 36
3.We reissue prior comment 14 in part. Describe here any restrictions on foreign exchange
and your ability to transfer cash between entities, across borders, and to U.S. investors.  In
addition, discuss whether there are any restrictions or limitations under the laws of BVI or
Hong Kong on the distribution of earnings, including on your ability to distribute earnings
from the company, including your subsidiaries, to the parent company and U.S. investors.
Summary of Risk Factor
Risks Related to Doing Business in the Jurisdictions in Which PSI's Operating Subsidiaries
Operate, page 37
4.Please revise to include cross-references to the more detailed discussion of each of these
risks in the prospectus.
Our business, financial condition and results of operations, and/or the value of our ordinary
shares..., page 58
5.We note your revised disclosure in response to prior comment 18 states that the Chinese
government may exert more control over offerings conducted overseas and/or foreign
investment in China based issuers.  Please revise here and elsewhere as applicable,
including your prospectus cover page, to also acknowledge any risks that the Chinese
government may exert more control over foreign investment in Hong Kong.

 FirstName LastNameHok Wai Alex Ko
 Comapany NamePS International Group Ltd.
 April 2, 2024 Page 3
 FirstName LastName
Hok Wai Alex Ko
PS International Group Ltd.
April 2, 2024
Page 3
Risk Factors
The Sponsor, AIB's directors, officers, advisors, and their affiliates may elect to purchase AIB
Public Shares prior to the consummation..., page 71
6.We note your revised disclosure in response to prior comment 12 states that the proxy
statement/prospectus includes a representation that any AIB Ordinary Shares or Public
Rights purchased by the Sponsor, AIB's directors, officers, advisors and their affiliates
would not be voted in favor of approving the Business Combination, but we are unable to
locate such representation.  Please revise or advise.  In addition, please reconcile this
disclosure with your disclosure on page 31 and elsewhere that pursuant to the Insider
Letter Agreement, the AIB Initial Shareholders agreed to vote their Founder Shares,
Private Shares and any Public Shares purchased during or after AIB's IPO in favor of the
Business Combination.
The Amended Pubco Charter designate specific courts in Cayman Islands and the United States
as the exclusive forum for certain litigation, page 93
7.We note your revised disclosure in response to prior comment 32. Please revise your
disclosure to describe the full scope of the provision.  In that regard, we note that
the Amended and Restated Articles of Incorporation, included as Annex B, provide that
if the United States District Court for the Southern District of New York lacks subject
matter jurisdiction, the state courts in New York County, New York shall be the exclusive
forum within the United States.
Management's Discussion and Analysis of Financial Condition and Results of Operations of PSI
International Group Ltd., page 197
8.We reviewed your response to comment 26. The statement in your response that "credit
losses are not directly tied to specific operating activities" is inconsistent with
your footnote disclosure that accounts receivable written-off are recognized in the
statement of operations within operating expenses. You recognized an allowance for
expected credit loss of $288,110 in 2020 and $216,138 in 2021 in general and
administrative expenses. However, you recognized the reversal of the allowance for
expected credit loss of $561,869 in 2022 in Other income. You also recognized bad debt
expense of $99,975 in 2020 and $47,088 in 2021 in general and administrative expenses.
Yet, you recognized Bad debt recovered of $58,957 in 2021 within Other income. Please
revise to reclassify the reversal of the allowance for expected credit losses and bad debt
expense recovered within general and administrative expenses, or tell us why you believe
your current presentation is appropriate.
Management of Pubco Following the Business Combination, page 222
9.Please file the consent of each director appointee as an exhibit to your proxy/registration
statement. See Rule 438 of the Securities Act.

 FirstName LastNameHok Wai Alex Ko
 Comapany NamePS International Group Ltd.
 April 2, 2024 Page 4
 FirstName LastName
Hok Wai Alex Ko
PS International Group Ltd.
April 2, 2024
Page 4
Annex D, page D-1
10.We note you have filed a draft Fairness Opinion in response to prior comment 33. Please
file the complete final opinion delivered to the board.
Financial Statements
Note 2 — Summary of Significant Accounting Policies
Related Party, page F-64
11.We reviewed your response to comment 36. You state in your response that the related
party amounts for the years ended December 31, 2021 and 2022 represented services fee
income from provision of logistics and freight handling services based on a mutually
agreed price for each transaction. The mutual agreement of a price for each transaction
does not adequately address our original comment. Please disclose whether related party
transactions were carried out on an arm's length basis and were no less favorable or
unfavorable to you than those to unaffiliated third parties. Refer to ASC 850-10-50-5.
            Please contact Gus Rodriguez at 202-551-3752 or Mark Wojciechowski at 202-551-3759
if you have questions regarding comments on the financial statements and related matters. Please
contact Michael Purcell at 202-551-5351 or Karina Dorin at 202-551-3763 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Energy & Transportation
cc:       Will Cai

United States securities and exchange commission logo
February 26, 2024
Hok Wai Alex Ko
Chief Executive Officer
PS International Group Ltd.
Unit 1002, 10/F
Join-in Hang Sing Centre
No.2-16 Kwai Fung Crescent, Kwai Chung
New Territories, Hong Kong
Re:PS International Group Ltd.
Draft Registration Statement on Form F-4
Submitted January 30, 2024
CIK No. 0001997201
Dear Hok Wai Alex Ko:
            We have reviewed your draft registration statement and have the following comments.
            Please respond to this letter by providing the requested information and either submitting
an amended draft registration statement or publicly filing your registration statement on
EDGAR. If you do not believe a comment applies to your facts and circumstances or do not
believe an amendment is appropriate, please tell us why in your response.
            After reviewing the information you provide in response to this letter and your amended
draft registration statement or filed registration statement, we may have additional comments.
Draft Registration Statement on Form F-4
Cover Page
1.Please disclose prominently on the prospectus cover page that you are a Cayman Islands
holding company with operations conducted by your subsidiaries based in Hong Kong and
that this structure involves unique risks to investors. Provide a cross-reference to your
detailed discussion of risks facing the company and the offering as a result of your
corporate structure.

 FirstName LastNameHok Wai Alex Ko
 Comapany NamePS International Group Ltd.
 February 26, 2024 Page 2
 FirstName LastName
Hok Wai Alex Ko
PS International Group Ltd.
February 26, 2024
Page 2
2.Provide prominent disclosure about the legal and operational risks associated with being
based in or having the majority of the company’s operations in Hong Kong. Your
disclosure should make clear whether these risks could result in a material change in your
operations and/or the value of the securities you are registering for sale or could
significantly limit or completely hinder your ability to offer or continue to offer securities
to investors and cause the value of such securities to significantly decline or be worthless.
Your disclosure should address how recent statements and regulatory actions by China’s
government, such as those related to the use of variable interest entities and data security
or anti-monopoly concerns, have or may impact the company’s ability to conduct its
business, accept foreign investments, or list on a U.S. or other foreign exchange. Please
disclose the location of your auditor’s headquarters and whether and how the Holding
Foreign Companies Accountable Act, as amended by the Consolidated Appropriations
Act, 2023, and related regulations will affect your company. Your prospectus summary
should address, but not necessarily be limited to, the risks highlighted on the prospectus
cover page.
3.Clearly disclose how you will refer to the holding company and subsidiaries when
providing the disclosure throughout the document so that it is clear to investors which
entity the disclosure is referencing and which subsidiaries or entities are conducting the
business operations. For example, prominently disclose that your subsidiaries conduct
operations in Hong Kong, and that the holding company does not conduct operations.
Please also disclose clearly that investors will be receiving securities of the holding
company.
4.Please revise your disclosure here to provide a description of how cash is transferred
through your organization and disclose your intentions to distribute earnings or settle
amounts. State whether any transfers, dividends, or distributions have been made to date
between the holding company and its subsidiaries, or to investors, and quantify the
amounts where applicable. In this regard, we note your risk factor disclosure regarding
your reliance on dividends and other distributions on equity paid by your operating
subsidiaries.
Questions and Answers About the Proposals
Q: What equity stake will current Public Shareholders, Sponsor and the PSI shareholders hold in
the Pubco..., page 10
5.Please disclose the Sponsor and its affiliates' total potential ownership in the combined
company, assuming exercise and conversion of all securities.
6.Please revise to disclose all possible sources and extent of dilution that shareholders who
elect not to redeem their shares may experience in connection with the business
combination. Provide disclosure of the impact of each significant source of dilution,
including convertible securities retained by redeeming shareholders, at each of the
redemption levels detailed in your sensitivity analysis, including any needed
assumptions.

 FirstName LastNameHok Wai Alex Ko
 Comapany NamePS International Group Ltd.
 February 26, 2024 Page 3
 FirstName LastNameHok Wai Alex Ko
PS International Group Ltd.
February 26, 2024
Page 3
Q: What interests do AIB Initial Shareholders and Maxim have in the Business Combination?,
page 11
7.Please quantify the aggregate dollar amount and describe the nature of what the Sponsor
and its affiliates have at risk that depends on completion of a business combination.
Include the current value of securities held, loans extended, fees due, and out-of-pocket
expenses for which the sponsor and its affiliates are awaiting reimbursement. Provide
similar disclosure for the Company's officers and directors, if material.
8.Please highlight the risk that the sponsor will benefit from the completion of a business
combination and may be incentivized to complete an acquisition of a less favorable target
company or on terms less favorable to shareholders rather than liquidate.
9.Please clarify whether holders of the private rights will be able to retain the private rights
and any material risks to the holders of your public rights, including those arising from
differences between the private rights included in the private units and public rights.
Q: What happens if a substantial number of AIB Public Shareholders vote in favor of the
Business Combination Proposal..., page 13
10.Please revise your disclosure to show the potential impact of redemptions on the per share
value of the shares owned by non-redeeming shareholders at the minimum, interim and
maximum redemption levels detailed in your sensitivity analysis.
Q: What happens if the Business Combination is not consummated?, page 14
11.We note your disclosure that Maxim would not be paid certain amounts if AIB does not
consummate an initial business combination.  We further note that Maxim Group
performed additional services after the IPO and as part of the IPO underwriting fee was
deferred and conditioned on completion of a business combination.  Please quantify the
aggregate fee and share consideration payable to Maxim that are contingent upon
completion of the business combination.
Q: May AIB Initial Shareholders purchase AIB securities prior to the Meeting?, page 21
12.We note your disclosure that AIB Initial Shareholders and/or their respective affiliates
“may” purchase AIB securities from investors, or enter into transactions with such
investors and others to provide them with incentives to acquire AIB Ordinary Shares or
vote their shares in favor of the Business Combination Proposal.  Please provide your
analysis on how such potential transactions would comply with Rule 14e-5.
Summary of the Proxy Statement/Prospectus, page 24
13.Disclose each permission or approval that you and your subsidiaries are required to obtain
from Chinese authorities to operate your business and to offer the securities being
registered to foreign investors. State whether you, and your subsidiaries, are covered by
permissions requirements from the China Securities Regulatory Commission (CSRC),

 FirstName LastNameHok Wai Alex Ko
 Comapany NamePS International Group Ltd.
 February 26, 2024 Page 4
 FirstName LastName
Hok Wai Alex Ko
PS International Group Ltd.
February 26, 2024
Page 4
Cyberspace Administration of China (CAC) or any other governmental agency that is
required, and state affirmatively whether you have received all requisite permissions or
approvals and whether any permissions or approvals have been denied. Please also
describe the consequences to you and your investors if you or your subsidiaries: (i) do not
receive or maintain such permissions or approvals, (ii) inadvertently conclude that such
permissions or approvals are not required, or (iii) applicable laws, regulations, or
interpretations change and you are required to obtain such permissions or approvals in the
future.
14.Provide a clear description of how cash is transferred through your organization. Quantify
any cash flows and transfers of other assets by type that have occurred between the
holding company and its subsidiaries, and direction of transfer. Quantify any dividends or
distributions that a subsidiary has made to the holding company and which entity made
such transfer, and their tax consequences. Similarly quantify dividends or distributions
made to U.S. investors, the source, and their tax consequences. Your disclosure should
make clear if no transfers, dividends, or distributions have been made to date. Describe
any restrictions on foreign exchange and your ability to transfer cash between entities,
across borders, and to U.S. investors. Describe any restrictions and limitations on your
ability to distribute earnings from the company, including your subsidiaries, to the parent
company and U.S. investors.
Related Agreements and Documents, page 28
15.We note you have entered into Lock-up Agreements, a Registration Rights Agreement,
and a Support Agreement. Please revise your disclosure to discuss the material terms of
such agreements.  For example, we note that the Support Agreement contemplates the
forfeit of shares by the Sponsor under certain circumstances. In addition, please disclose
whether any consideration was given in exchange for these agreements.
Risks Related to Doing Business in the Jurisdictions in Which PSI's Operating Subsidiaries
Operate, page 35
16.Please expand your disclosure here to acknowledge that the Chinese government may
intervene or influence your operations at any time or may exert more oversight and
control over offerings that are conducted overseas and/or foreign investment in China-
based issuers, which could significantly limit or completely hinder your ability to offer or
continue to offer securities to investors and cause the value of such securities to
significantly decline or be worthless. Please include cross-references to the more detailed
discussion of these risks in the prospectus and make any corresponding revisions to your
risk factor disclosure on page 54.

 FirstName LastNameHok Wai Alex Ko
 Comapany NamePS International Group Ltd.
 February 26, 2024 Page 5
 FirstName LastName
Hok Wai Alex Ko
PS International Group Ltd.
February 26, 2024
Page 5
Risk Factors, page 39
17.We note your disclosure on page 76 that the proceeds held in the Trust Account are
invested only in U.S. government treasury obligations with a maturity of 185 days or less
or in money market funds regulated pursuant to rule 2a-7 of the Investment Company
Act.  Please disclose the risk that you could be considered to be operating as an
unregistered investment company.  Disclose that if you are found to be operating as an
unregistered investment company, you may be required to change your operations, wind
down your operations, or register as an investment company under the Investment
Company Act.  Also include disclosure with respect to the consequences to investors if
you are required to wind down your operations as a result of this status, such as the loses
of the investment opportunity in a target company, any price appreciation in the combined
company, and any warrants, which would expire worthless.
Our business, financial condition and results of operations, and/or the value of our ordinary
shares..., page 54
18.Given the significant oversight and discretion of the government of the People’s Republic
of China (PRC) over the operations of your business, please describe any material impact
that intervention or control by the PRC government has or may have on your business or
on the value of your securities.  We remind you that, pursuant to federal securities rules,
the term “control” (including the terms “controlling,” “controlled by,” and “under
common control with”) means “the possession, direct or indirect, of the power to direct or
cause the direction of the management and policies of a person, whether through the
ownership of voting securities, by contract, or otherwise.
Nasdaq may delist AIB's securities from trading on its exchange prior to the Business
Combination..., page 70
19.Please expand this risk factor to discuss that the Business Combination Agreement may be
terminated by PSI if AIB Ordinary Shares have become delisted from Nasdaq and are not
relisted.
The recent joint statement by the SEC and PCAOB, proposed rule changes submitted by Nasdaq,
and the HFCAA..., page 82
20.Please expand this risk factor to disclose that the Holding Foreign Companies
Accountable Act, as amended by the Consolidated Appropriations Act, 2023, decreases
the number of consecutive “non-inspection years” from three years to two years, and thus,
reduces the time before your securities may be prohibited from trading or delisted. Update
your disclosure to describe the potential consequences to you if the PRC adopts positions
at any time in the future that would prevent the PCAOB from continuing to inspect or
investigate completely accounting firms headquartered in mainland China or Hong Kong.

 FirstName LastNameHok Wai Alex Ko
 Comapany NamePS International Group Ltd.
 February 26, 2024 Page 6
 FirstName LastName
Hok Wai Alex Ko
PS International Group Ltd.
February 26, 2024
Page 6
Proposal No. 1 - The Background of AIB's Interaction with PSI
Background of the Business Combination, page 107
21.Please revise your disclosure throughout this section to better identify each of the
individuals that participated in each negotiation.
22.We note your disclosure regarding the DCF calculation prepared by C&P that was the
basis for the proposed valuation range of PSI on August 23, 2023 and the revised DCF
analysis by C&P that was the basis for a proposed adjustment to PSI's pre-money
enterprise valuation on September 19, 2023. Please provide your analysis as to whether
this analysis is "a report, opinion or appraisal materially related to the transaction"
pursuant to Item 4(b) of Form F-4 such that information required by Item 1015(b) of
Regulation M-A with respect to such report, opinion or appraisal is required to be
provided in your filing.

Opinion of KKG, page 113
23.Please revise your disclosure to discuss in greater detail each of the material analyses
conducted by KKG as part of its opinion, and any material assumptions underlying
such analysis. Refer to Item 4(b) of Form S-4 and Item 1015(b)(6) of Regulation M-
A. Provide support for the ultimate conclusions reached in each of the DCF analysis, the
market approach multiple analysis and the equity value calculation.
Material Tax Considerations, page 128
24.We note you disclose that it is the opinion of Ellenoff Grossman & Schole LLP that the
Second Merger, together with the other transactions contemplated by the Business
Combination Agreement, will qualify as an exchange described in Section 351(a) of the
Code.  Please file a tax opinion pursuant to Item 21 of Form S-4 and Item 601(b)(8) of
Regulation S-K.
Unaudited Pro Forma Condensed Combined Financial Information
Unaudited Pro Forma Combined Statement Of Operations, page 142
25.You disclose an adjustment to eliminate interest earned on investments held in Trust
Account Assuming No Redemptions into Cash at June 30, 2023 and December 31, 2022.
However, you have no adjustment Assuming Maximum Redemptions into Cash -
Scenario 2 at June 30, 2023 and December 31, 2022. Please revise since you d