Company: BGHL
Filing Date: 2025-09-22
Form Type: F-1/A
Source: 0001213900-25-089787
Chunk: 195

Company: BILLION GROUP HOLDINGS Ltd
Filing Date: 2025-09-22
Form: F-1/A
Chunk 195
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 related companies |     |            — |     |            — |     |    2,969,602 |
| Amounts due to former related companies   |     |    3,136,899 |     |   24,467,821 |     |   16,851,329 |

F-18 BILLION GROUP HOLDINGS LIMITED
NOTES TO THE COMBINED FINANCIAL STATEMENTS 16. COMMITMENTS AND CONTINGENCIES At the end of each reporting period, the Group had no significant contingent liabilities, capital and other commitments. 17. RISKS AND UNCERTAINTIES Credit risk Credit risk is the potential financial loss to the Group resulting from the failure of a customer or a counterparty to settle its financial and contractual obligations to the Group, as and when they fall due. As the Group does not hold any collateral, the maximum exposure to credit risk is the carrying amounts of accounts receivable, amounts due from former related companies and cash and cash equivalents presented on the balance sheets. The Group has no other financial assets which carry significant exposure to credit risk. Interest rate risk Fluctuations in market interest rates may negatively affect our financial condition and results of operations. The Group had no significant interest -bearingdeposits or loans as at December 31, 2024 and 2023. The Group has not used any derivative financial instruments to manage its interest risk exposure. Liquidity risk Liquidity risk is the risk that the Group will encounter difficulty in meeting the obligations associated with its financial liabilities that are settled by delivering cash or another financial asset. The Group’s approach to managing liquidity is to ensure, as far as possible, that it will always have sufficient liquidity to meet its liabilities when due, under both normal and stressed conditions, without incurring unacceptable losses or risking damage to the Group’s reputation. Typically, the Group ensures that it has sufficient cash on demand to meet expected operational expenses for a period of 60 days, including the servicing of financial obligations; this excludes the potential impact of extreme circumstances that cannot reasonably be predicted, such as natural disasters. 18. SIGNIFICANT SUBSEQUENT EVENTS These combined financial statements were approved by the Director and were available for issuance on May30, 2025 and the Group has evaluated subsequent events through to the date of this Report. No subsequent events required disclosure in or adjustments to these combined financial statements except for the following: In May 6, 2025, the Company was incorporated as an exempted company under the laws of the