v3.25.2
FINANCIAL RISK MANAGEMENT (Tables)
 12 Months Ended
Dec. 31, 2024
Financial Risk Management  
SCHEDULE OF COMPANY REMAINING CONTRACTUAL MATURITIES FOR ITS FINANCIAL LIABILITIES

The following table details the Company’s remaining contractual maturities for its financial liabilities. The table has been drawn up based on undiscounted cash flows of financial liabilities based on the earliest date on which the Company can be required to pay. The table includes both interest and principal cash flows. To the extent that interest flows are at a floating rate, the undiscounted amount is calculated based on interest rate at the end of the reporting periods:

 

                Total        
    As of December 31, 2024  
                Total        
    Within 1 year     More than 1 year but less than 5 years     contractual undiscounted cash flow     Carrying amount  
    USD’000     USD’000     USD’000     USD’000  
Trade payables     831               831       831  
Amounts owed to related parties     272       —       272       272  
Note payable     5,187       —       5,187       5,187  
Total     6,290       —       6,290       6,290  

 

          More than 1     Total contractual        
    As of December 31, 2023  
          More than 1     Total contractual        
    Within 1 year     year but less than 5 years     undiscounted cash flow     Carrying amount  
    USD’000     USD’000     USD’000     USD’000  
Amounts owed to related parties     78       —       78       78  
Note payable     1,070       1,041       2,111       2,111  
Total     1,148       1,041       2,189       2,189  
SCHEDULE OF FOREIGN CURRENCY LOSS BEFORE TAXATION

   As of December 31, 
   2024   2023   2022 
   USD’000   USD’000   USD’000 
Loss before taxation   29    1    6