Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 392

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 392
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 |     |   | Solicitation of real estate sales for the developers, in exchange for commissions                                                                                                                                                                                                                                 |
| Fintech Business      |   | Investment Holding          |     |   | Managing an ensemble of fintech investments                                                                                                                                                                                                                                                                       |
| Healthcare Business   |   | Investment Holding          |     |   | Managing an ensemble of healthcare-related investments                                                                                                                                                                                                                                                            |

All of the Company’s revenues were generated
in Hong Kong for the years ended December 31, 2023 and 2022 and all of the Company’s non-current assets were located in Hong Kong
as of December 31, 2023 and 2022.

| ● | Leases |

The Company follows ASC Topic 842, Leases (“ASC
Topic 842”), utilizing the modified retrospective transition method with no adjustments to comparative periods presented. On February
25, 2016, the FASB issued Accounting Standards Update No. 2016-02, Leases (ASC Topic 842), to increase transparency and comparability
among organizations by recognizing lease assets and lease liabilities on the balance sheet and disclosing key information about leasing
transactions. ASC Topic 842 requires that lessees recognize right-of-use asset and lease liabilities calculated based on the present value
of lease payments for all lease agreements with terms that are greater than twelve months. It requires for leases longer than one year,
a lessee to recognize in the statement of financial condition a right-of-use asset, representing the right to use the underlying asset
for the lease term, and a lease liability, representing the liability to make lease payments. ASC Topic 842 distinguishes leases as either
a finance lease or an operating lease that affects how the leases are measured and presented in the consolidated statements of operations
and comprehensive loss and statements of cash flows. ASC Topic 842 supersedes nearly all existing lease accounting guidance under GAAP
issued by the FASB including ASC Topic 840, Leases.

<div align='center'>F-62

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

When determining the lease term, the Company includes
options to extend or terminate the lease when it is reasonably certain that it will exercise that option, if any. As the Company’s
leases do not provide an implicit rate, the Company used an incremental borrowing rate based on the information available at commencement
date in determining the present value of lease payments. The Company has elected to adopt the following lease policies in conjunction