| Schedule of Transactions with Related Parties |
Transactions with related parties
| | |
2024 | | |
2023 | |
| | |
| | |
| |
| Interest on BIA litigation | |
| 5,285,479 | | |
| Nil | |
| Key management personnel remuneration | |
| 1,132,856 | | |
| 1,184,300 | |
| End of service benefits expense for key management | |
| 44,759 | | |
| 202,295 | |
| Transactions with related parties (corporate service fees, professional services etc.) | |
| 207,711 | | |
| 182,799 | |
|
| Schedule of Related Party Balances |
Related party balances as at the year-end are classified as under:
| Related Party | | Classification | | 2024 | | | 2023 | | | BPGIC Holdings Limited | | Shareholder’s account (Equity) | | | 70,391,942 | | | | 70,391,787 | | | | | Due from related parties (shareholder) | | | 348,665 | | | | 210,322 | | | HBS Investments LP | | Due from related parties (shareholder) | | | 24,844 | | | | 11,430 | | | H Capital International LP | | Due from related parties (shareholder) | | | 24,457 | | | | 11,043 | | | O2 Investments Limited as GP | | Due from related parties (shareholder) | | | 21,398 | | | | 10,851 | | | SBD International LP | | Due from related parties (shareholder) | | | 64,919 | | | | 51,067 | | | SD Holding Limited as GP | | Due from related parties (shareholder) | | | 29,557 | | | | 22,118 | | | Gyan Investments Ltd | | Due from related parties (shareholder) | | | 21,153 | | | | 10,606 | | | End of service benefits for key management personnel | | Employees’ end of service benefits | | | 51,866 | | | | 46,234 | | | Salary payables for key management personnel | | Trade and accounts payables | | | 93,750 | | | | 150,814 | | | Brooge International Advisory LLC | | Other payable (other related parties) | | | 135,285,479 | | | | 130,000,000 | |
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