Company: ILLRW
Filing Date: 2025-01-24
Form Type: S-1
Source: 0001213900-25-006210
Chunk: 275

Company: Triller Group Inc.
Filing Date: 2025-01-24
Form: S-1
Chunk 275
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 government rates
and rent, office rent, and lease-related interest and depreciation for OWM, OIP, OAM, and HKCC, subject to reimbursement. With respect
to administrative services, TAG Financial Holdings agreed to pay for, among other things, office consumables, cleaning fees, A/C, electricity,
and water for OWM, OIP, OAM, and HKCC, subject to reimbursement. The service fees are charged in accordance with a standard formula included
in each of the contracts, corresponding to their office space occupancy and employee headcount respectively.

Pursuant to these service agreements and their
predecessor arrangements, we paid TAG Financial Holdings US$6,039,520 and US$3,190,064 for the years ended December 31, 2023 and
2022, respectively, for premises and administrative expenses.

These Service Agreements will continue until either
party thereto provides one month written notice of termination, to ensure continued smooth operation on a stand-alone basis.

OnePlatform Asset Management Limited

Fund Asset Management Service

JFA Capital is a closed-ended investment
vehicle incorporated in the Cayman Islands and a member of the Legacy Group. Upon its incorporation JFA Capital engaged a third-party fund
manager who, in turn, engaged OnePlatform Asset Management (“OAM”) as a sub-manager. On May 7, 2018, JFA Capital and
OAM agreed for JFA Capital to terminate its existing management arrangement and appoint OAM as its sole manager. OAM is licensed by the
Hong Kong Securities and Futures Commission under type 1 (Dealing in securities), type 4 (Advising on securities), and type 9 (asset
management). OAM is also a “professional investor” as defined under the Securities and Futures Ordinance of Hong Kong.

OAM, accordingly, provides management of JFA Capital’s
portfolio assets for a management fee and a performance fee, as dictated by the management agreement. For the years ended December
31, 2023 and 2022, JFA Capital paid OAM US$900,993 and US$900,778, respectively. The arrangement is non-exclusive, and OAM is permitted
to invest in or advise other investment funds. OAM is also permitted to delegate its functions, powers, and duties to any person, subject
to remaining liable for the actions of its delegate.

In addition to JFA Capital, OAM also provides
management services for other funds, including NSD Capital