v3.25.2
RIGHT-OF-USE ASSETS AND LEASES LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2024
Right-of-use Assets And Leases Liabilities  
SUMMARY OF CARRYING AMOUNTS OF RIGHT-OF-USE ASSETS FOR LEASE

The carrying amounts of right-of-use assets for lease are as below:

  

Net book amount at January 1, 2023   USD 66,000
Net book amount at December 31, 2023   USD nil
     
Net book amount at January 1, 2024   USD nil
Net book amount at December 31, 2024   USD 1,326,000
SCHEDULE OF LEASE LIABILITIES

The lease liabilities for continuing operations are as below:

  

    2024     2023  
    As of December 31,  
    2024     2023  
    USD’000     USD’000  
Lease liabilities - current     348       -  
Lease liabilities – noncurrent     1,072       -  
Total lease liabilities       1,420       -  
SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR THE LEASES

Contractual undiscounted cash flows for the leases:

  

      As of December 31, 2024  
      Within one year       One to five years       Total contractual undiscounted cash flow  
      USD’000       USD’000       USD’000  
      457       1,287       1,744  
SUMMARY OF CONSOLIDATED INCOME STATEMENT SHOWING THE AMOUNTS RELATING TO LEASES

The consolidated income statement shows the following amounts from continuing operations relating to leases:

  

      Year ended  
      December 31, 2024  
Amortization charge of right-of-use assets     235  
Interest expense     147  

 

    Year ended  
    December 31, 2023  
Amortization charge of right-of-use assets     -  
Interest expense     -  

 

    Year ended  
    December 31, 2022  
Amortization charge of right-of-use assets     68  
Interest expense     4  

 

 

The consolidated income statement shows the following amounts from discontinued operations relating to leases:

 

    Year ended  
    December 31, 2024  
Amortization charge of right-of-use assets     -  
Interest expense     -  

  

    Year ended  
    December 31, 2023  
Amortization charge of right-of-use assets     603  
Interest expense     41  

 

    Year ended  
    December 31, 2022  
Amortization charge of right-of-use assets     1,902  
Interest expense     220