v3.25.2
OTHER RECEIVABLES AND PREPAYMENTS
12 Months Ended
Dec. 31, 2024
Other Receivables And Prepayments  
OTHER RECEIVABLES AND PREPAYMENTS

14. OTHER RECEIVABLES AND PREPAYMENTS

  

    2024     2023  
    As of December 31,  
    2024     2023  
    USD’000     USD’000  
Prepaid expense and prepayments     5,671       2,040  
Security deposit     6       -  
Other receivables     1,312       831  
Other receivables and prepayments      6,989       2,871  

 

All of the other receivables and prepayments are expected to be recovered or recognized as expense within one year. The net carrying value of these balances is considered a reasonable approximation of fair value. Prepaid expense mainly consisted of advance payment to the vendors as of December 31, 2024 and 2023.