Company: NIVFW
Filing Date: 2025-04-22
Form Type: 20-F
Source: 0001213900-25-033966
Chunk: 40

Company: NewGenIvf Group Ltd
Filing Date: 2025-04-22
Form: 20-F
Item: Item 3
Chunk 40
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 Conditions, and Costs of Advertisements or Announcements of Healthcare
Facilities B. E. 2562 (2019) (and its amendments) and the Operational Manual for Approval of Advertisements or Announcements relating
to Healthcare Facilities. If such approval was not obtained by NewGenIvf, it could lead to significant liabilities and consequences, which
could adversely impact NewGenIvf’s business, financial condition and results of operations or subject its sales and marketing director
to personal liabilities.

For Cambodia, Prakas 028 on Advertisement
of Private Medical, Paramedical and Medical Aid Practices dated August 23, 2004 issued by the Cambodia MOH prohibits commercial advertising
of private medical services. Advertisement of private health care services is only allowed for any advertisements within the professional
framework not affecting the ethics of private medical services and such advertisement requires a permit from the Cambodia MOH. In
addition, the Royal Government of Cambodia has recently issued Sub-Decree 232 on the Management of Commercial Advertisements of Goods
and Services on November 4, 2022 to provide the legal framework for the management of commercial advertising of goods and services
for all types, forms and means in Cambodia. In light of this Sub-Decree, in addition to the permit requirement of the Cambodia MOH, a
person wishing to advertise their goods and/or services in Cambodia may also apply for a compliance certificate from the Ministry of Commerce,
which certifies that advertising text or content complies with the Law on Consumer Protection or other applicable regulations.

For Kyrgyzstan, the Law on Advertisements
of December 24, 1998, No. 155 requires that if the activities of the advertiser subject to licensing, the advertisement of such advertiser
must include the license number and the name of the authority that issued the license, except for radio advertising, where it is sufficient
to state “licensed activity” on the territory of Kyrgyzstan. In advertising goods (including works and services), and other
objects of advertising, cost indicators must be stated in the national currency. There are also other requirements established in relation
to size, frequency, cost and other features of advertisements via different types of media.

New laws and regulations relevant
to the fertility services may be introduced in the future, or the current applicable regulations may otherwise be amended or replaced
requiring the assisted reproductive medical facilities in its network to conduct business with additional oversight and regulatory compliance.
If NewGenIvf fails to obtain the necessary licenses,