Company: NIVFW
Filing Date: 2025-10-31
Form Type: 424B3
Source: 0001213900-25-104469
Chunk: 237

Company: NewGenIvf Group Ltd
Filing Date: 2025-10-31
Form: 424B3
Chunk 237
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, and $17,818, respectively. The loss allowance for deposits and other receivables, due from shareholders
as of December 31, 2023 is $14, and $17,818, respectively.

B. Interest
risk

Cash flow interest rate risk

The Company is exposed to
cash flow interest rate risk through the changes in interest rates related mainly to the Company’s variable-rates bank balances.

The Company currently does
not have any interest rate hedging policy in relation to fair value interest rate risk and cash flow interest rate risk. The directors
monitor the Company’s exposures on an ongoing basis and will consider hedging the interest rate should the need arises.

<div align='center'>F-28</div>

Sensitivity analysis

The sensitivity analysis
below has been determined by assuming that a change in interest rates had occurred at the end of the reporting period and had been applied
to the exposure to interest rates for financial instruments in existence at that date. 1% increase or decrease is used when reporting
interest rate risk internally to key management personnel and represents management’s assessment of the reasonably possible change
in interest rates.

If interest rates had been
1% higher or lower and all other variables were held constant, the Company’s net (loss) income for the years ended December
31, 2024 and 2023 would have increased or decreased by approximately $26,894 and$541, respectively.

Foreign currency risk

Foreign currency risk is
the risk that the holding of foreign currency assets will affect the Company’s financial position as a result of a change in foreign
currency exchange rates.

The Company’s monetary
assets and liabilities are mainly denominated in HK$, THB and RMB which are the same as the functional currencies of the relevant group
entities. Hence, in the opinion of the directors of the Company, the currency risk of US$ is considered insignificant. The Company currently
does not have a foreign currency hedging policy to eliminate currency exposures. However, the directors monitor the related foreign currency
exposure closely and will consider hedging significant foreign currency exposures should the need arise.

C. Economic and
political risks

The Company’s operations
are mainly conducted in Thailand, Cambodia and Kyrgyzstan. Accordingly, the Company’s business, financial condition, and results
of operations may be influenced by changes in the political, economic, and legal environments in Thailand, Cambodia and Kyrgyzstan.

The Company’s operations
in Thailand, Cambodia and Kyrgyzstan are subject to special