Company: NIVFW
Filing Date: 2025-10-10
Form Type: F-1/A
Source: 0001213900-25-098135
Chunk: 263

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-10
Form: F-1/A
Chunk 263
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)   |              | $ |          |     | $ |      -61,802 |   |

Note:

| (1) | The directors and shareholders of Harcourt Limited are Mr. Siu and Ms. Fong, Harcourt Limited therefore has the common ultimate beneficial owners with the Company. |

F-62

The balance due from shareholders consist of the following:

|                                           |     | June 30, 
 2025     |         |     | December 31, 2024 |          |   |
|:------------------------------------------|:----|:---------|--------:|:----|:------------------|:---------|:--|
| Due from/ (to)shareholders/ related party |     | $        | 382,687 |     | $                 | (154,453 | ) |
| Less: allowance for expected credit loss  |     |          |       — |     |                   | —        |   |
|                                           |     | $        | 382,687 |     | $                 | (154,453 | ) |

The movement of allowances for expected credit loss is as follow:

|                                     |     | June 30, 
 2025     |   |     | December 31, 2024 |         |   |
|:------------------------------------|:----|:---------|:--|:----|:------------------|--------:|:--|
| Balance at beginning of the year    |     | $        | — |     | $                 | (17,818 | ) |
| Reversal of Provision / (Provision) |     |          | — |     |                   |  17,818 | ) |
| Ending balance                      |     | $        | — |     | $                 |       — |   |

In addition to the transactions and balances detailed elsewhere in these consolidated financial statements, the Company had the following transactions with related parties:

|                                                      |     |   | June 30, 
     2025 |     |   | December 31, 2024 |
|:-----------------------------------------------------|:----|:--|---------:|:----|:--|------------------:|
| Directors’ remuneration to Mr. Siu Wing Fung, Alfred |     | $ |  120,000 |     | $ |           190,000 |
| Directors’ remuneration to Ms. Fong Hei Yue, Tina    |     |   |  120,000