Company: NIVFW
Filing Date: 2025-09-18
Form Type: F-1
Source: 0001213900-25-088927
Chunk: 227

Company: NewGenIvf Group Ltd
Filing Date: 2025-09-18
Form: F-1
Chunk 227
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, NET

Plant and equipment, net consist of the following:

| At cost:                       |     | December 31, 
 2024         |            |   |     | 2023 |            |   |
|:-------------------------------|:----|:-------------|-----------:|:--|:----|:-----|-----------:|:--|
| Building improvement           |     | $            |    196,929 |   |     | $    |     92,438 |   |
| Furniture and fixtures         |     |              |     25,390 |   |     |      |    250,493 |   |
| Medical instruments            |     |              |    785,776 |   |     |      |    844,809 |   |
| Motor vehicle                  |     |              |    142,936 |   |     |      |    142,936 |   |
| Office equipment               |     |              |    361,385 |   |     |      |    150,688 |   |
|                                |     |              |  1,512,416 |   |     |      |  1,481,364 |   |
| Less: accumulated depreciation |     |              | (1,239,320 | ) |     |      | (1,319,207 | ) |
| Total                          |     | $            |    273,096 |   |     | $    |    162,157 |   |

Depreciation expenses for
the years ended December 31, 2024 and 2023 were $ and $, respectively.

No impairment loss was recorded for the years
ended December 31, 2024, and 2023.

NOTE 8 — ACCRUED LIABILTIES AND OTHER PAYABLES

Accrued liabilities and other payables consist
of the following:

|                                  |     | December 31, |    2024 |     |   |    2023 |
|:---------------------------------|:----|:-------------|--------:|:----|:--|--------:|
| Accrued expenses                 |     | $            | 201,455 |     | $ |  43,633 |
| Customer deposit                 |     |              |   6,349 |     |   |       - |
| Withholding tax payable          |     |              |   4,361 |     |