Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 389

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 389
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 management expenses,
including accounting, consulting, legal support services, rent, and other expenses to provide operating support to the related businesses.
Allocated sales and marketing expense was mainly marketing expenses. These allocations are made using a proportional cost allocation method
by considering the proportion of revenues, headcounts as well as estimates of time spent on the provision of services attributable to
the Company.

| ● | Sales         
 and Marketing |

Sales and marketing expenses include the costs
of advertising, promotions, seminars, and other programs. In accordance with ASC Topic 720-35, Advertising Costs, advertising costs are
expensed as incurred.

| ● | Research        
 and Development |

Research and development expenses include the
costs of developing software for business purpose and costs to improve the business operation flow. All research and development costs
are expensed as incurred.

<div align='center'>F-60

AGBA GROUP HOLDING LIMITED
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

| ● | Comprehensive 
 Loss          |

ASC Topic 220, Comprehensive Income, establishes
standards for reporting and display of comprehensive income, its components and accumulated balances. Comprehensive (loss) income as defined
includes all changes in equity during a period from non-owner sources. Accumulated other comprehensive (loss) income, as presented in
the accompanying consolidated statements of changes in shareholders’ equity, consists of changes in unrealized gains and losses
on foreign currency translation. This comprehensive (loss) income is not included in the computation of income tax expense or benefit.

| ● | Employee 
 Benefits |

Full time employees of the Hong Kong subsidiaries
participate in a defined contribution Mandatory Provident Fund retirement benefit scheme under the Hong Kong Mandatory Provident Fund
Schemes Ordinance. Contributions are made by both the employer and the employee at the rate of % on the employee’s relevant salary,
subject to a salary cap of $ (HK$).

| ● | Income 
 Taxes  |

Income taxes are determined in accordance with
the provisions of ASC Topic 740, Income Taxes (“ASC Topic 740”). Under this method, deferred tax assets and liabilities are
recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets
and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected
to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Any effect on deferred
tax assets and liabilities of a change in tax rates is recognized in