INCOME TAX EXPENSE (Tables)

12 Months Ended

Dec. 31, 2024

Income Tax Expense

SCHEDULE OF INFORMATION ABOUT INCOME TAX EXPENSES

		2024				2023				2022
		For the years ended December 31,
		2024				2023				2022
		USD’000				USD’000				USD’000
Continuing operations
Current Tax:
PRC Income Tax			8				12				31
U.S. Income tax			3				—				—
Current income tax			3				—				—

Deferred tax expense			—				—				—
Tax per financial statements			11				12				31

SCHEDULE OF RECONCILIATION BETWEEN INCOME TAX EXPENSES (CREDIT) AND (LOSS) PROFIT BEFORE TAXATION AT APPLICABLE TAX RATES

Reconciliation between income tax expense and loss before taxation at applicable tax rates is as follows:

		2024				2023				2022
		For the years ended December 31,
		2024				2023				2022
		USD’000				USD’000				USD’000
Loss before taxation including discontinued entities			(10,576	)			(2,031	)			(7,941	)
Tax calculated at a tax rate of 25%			(2,644	)			(508	)			(1,985	)
Tax effect on different tax rates of group entities operating in other jurisdictions			2,149				2,984				699
Change in net operating losses			506				(2,464)				1,317
Tax per financial statements			11				12				31