Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 402

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 402
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 |      2023 |   |     |   |      2022 |   |
|:-------------------------------------------|:----|:-------------------|----------:|:--|:----|:--|----------:|:--|
| Accounts receivable                        |     | $                  | 3,283,118 |   |     | $ | 2,916,609 |   |
| Accounts receivable – related parties      |     |                    | 1,094,225 |   |     |   |   272,546 |   |
| Less: allowance for expected credit losses |     |                    |  (312,482 | ) |     |   |   (94,447 | ) |
| Accounts receivable, net                   |     | $                  | 4,064,861 |   |     | $ | 3,094,708 |   |

The accounts receivable due from related parties
represented the management service rendered to the portfolio assets of related companies, which are controlled by the holding company,
for a compensation of asset management service fee income at the predetermined rate based on the respective portfolio of asset values
invested by the final customers. The amount is unsecured, interest-free and with a credit term mutually agreed.

<div align='center'>F-68

AGBA GROUP HOLDING LIMITED

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

|                                      |     | As of December 31, |    2023 |     |   |   2022 |   |
|:-------------------------------------|:----|:-------------------|--------:|:----|:--|-------:|:--|
| Balance at beginning of year         |     | $                  |  94,447 |     | $ | 94,576 |   |
| Allowance for expected credit losses |     |                    | 217,475 |     |   |      — |   |
| Foreign translation adjustment       |     |                    |     560 |     |   |   (129 | ) |
| Balance at end of year               |     | $                  | 312,482 |     | $ | 94,447 |   |

The Company generally conducts its business with
creditworthy third parties. The Company determines, on a quarterly basis, the probable losses and an allowance for expected credit losses
determined in accordance with the CECL model, based on historical losses, current economic conditions, forecasted future economic and