Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 394

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 394
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 to an extent that one or more of the transacting parties might be prevented from fully
pursuing its own separate interests.

The consolidated financial statements shall include
disclosures of material related party transactions, other than compensation arrangements, expense allowances, and other similar items
in the ordinary course of business. However, disclosure of transactions that are eliminated in the preparation of consolidated financial
statements is not required in those statements. The disclosures shall include: a) the nature of the relationship(s) involved; b) a description
of the transactions, including transactions to which no amounts or nominal amounts were ascribed, for each of the periods for which statements
of operations are presented, and such other information deemed necessary to an understanding of the effects of the transactions on the
consolidated financial statements; c) the dollar amounts of transactions for each of the periods for which statements of operations are
presented and the effects of any change in the method of establishing the terms from that used in the preceding period; and d) amount
due from or to related parties as of the date of each balance sheet presented and, if not otherwise apparent, the terms and manner of
settlement.

<div align='center'>F-63

AGBA GROUP HOLDING LIMITED

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

| ● | Commitments       
 and Contingencies |

The Company follows the ASC Topic 450-20, Commitments
to report accounting for contingencies. Certain conditions may exist as of the date the consolidated financial statements are issued,
which may result in a loss to the Company but which will only be resolved when one or more future events occur or fail to occur. The Company
assesses such contingent liabilities, and such assessment inherently involves an exercise of judgment. In assessing loss contingencies
related to legal proceedings that are pending against the Company or un-asserted claims that may result in such proceedings, the Company
evaluates the perceived merits of any legal proceedings or un-asserted claims as well as the perceived merits of the amount of relief
sought or expected to be sought therein.

If the assessment of a contingency indicates that
it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would
be accrued in the Company’s consolidated financial statements. If the assessment indicates that a potentially material loss contingency
is not probable but is reasonably possible, or is probable but cannot be estimated, then the nature of the contingent liability, and an