LONG TERM FINANCING SECURED (Details Narrative) $ in Thousands |
6 Months Ended |
|---|---|
|
Jun. 30, 2025
USD ($)
| |
| Allied Bank Limited [Member] | |
| Term loan facility, description | The effective markup rate applicable will be 3 Month KIBOR + 85 bps. The mark up is charged during the period on the outstanding balance at 12.99% to 13.03% (2024: 16.98% to 22.31%) per annum |
| Pledge amount | $ 1,880 |
| Askari Bank Limited [Member] | |
| Term loan facility, description | Effective markup rate applicable will be one month KIBOR (“1MK”)- 2% (Floor 10%). The mark up charged during the six months ended June 30, 2025 on the outstanding balance ranged from 9.38% to 11.35% (2024: 12.93% to 20.34%) per annum. The facility is secured against a 1st joint pari passu charge on present and future current and fixed assets (excluding land, building and licenses) of the Company with a margin of 25% |
| Bank Islami Limited [Member] | |
| Term loan facility, description | The principal is repayable in 29 installments starting from February 2022 until May 2026. Markup to be accrued and will be serviced in 24 monthly installments, starting from June 1, 2024. The effective markup rate applicable will be the 6 Month KIBOR (Floor 7.5% and capping 17%). The mark up charged during the period on the outstanding balance was 11.87% (2024: 17%) per annum |
| Carrying value | $ 130 |
| Pledge amount | $ 3,100 |