Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 403

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 403
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market considerations, and in some cases, evaluating specific customer accounts for risk of loss. Accounts receivable are written off
after exhaustive collection efforts occur and the receivable is deemed uncollectible. In addition, receivable balances are monitored on
an ongoing basis and its exposure to bad debts is not significant.

For the years ended December 31, 2023 and 2022,
the Company has assessed the probable loss and made an allowance for expected credit losses of $ and nil on accounts receivable,
respectively.

NOTE 8 — LOANS RECEIVABLE, NET

|                                            |     | As of December 31, |      2023 |   |     |   |      2022 |
|:-------------------------------------------|:----|:-------------------|----------:|:--|:----|:--|----------:|
| Residential mortgage loans                 |     | $                  | 1,605,531 |   |     | $ | 1,589,871 |
| Less: allowance for expected credit losses |     |                    |    (1,229 | ) |     |   |         — |
| Loans receivable, net                      |     | $                  | 1,604,302 |   |     | $ | 1,589,871 |
| Classifying as:                            |     |                    |           |   |     |   |           |
| Current portion                            |     | $                  |   549,461 |   |     | $ |   517,479 |
| Non-current portion                        |     |                    | 1,054,841 |   |     |   | 1,072,392 |
| Loans receivable, net                      |     | $                  | 1,604,302 |   |     | $ | 1,589,871 |

<div align='center'>F-69

AGBA GROUP HOLDING LIMITED

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS</div>

The interest rates on loans issued ranged between
% and % (2022: % to %) per annum for the year ended December 31, 2023. Mortgage loans are secured by collateral in the
pledge of the underlying residential properties owned by the borrowers. As of December 31, 2023, the net carrying amount of the loans
receivable was $, which included an interest receivable of $.

Mortgage loans are made to either business or
individual customers in Hong Kong for a