
		Leasehold				Transportation		Furniture	Renovation
		improvement		Machinery		equipment		and fixture	in progress	Total
		USD’000		USD’000		USD’000		USD’000	USD’000	USD’000

COST
At January 1, 2024		301,500		15,712		1,505		32,938	14,475	366,130
Additions (Note i)		5,520		1,589		274		3,352	26,679	37,414
Transfer from renovation in progress		30,251		—		—		—	(30,251)	—
Disposals		(9,564)		(1,204)		(167)		(1,216)	(1,183)	(13,334)
Exchange adjustments		(6,502)		(490)		(134)		(847)	(672)	(8,645)
At December 31, 2024		321,205		15,607		1,478		34,227	9,048	381,565
Additions (Note i)		2,188		1,722		241		4,087	43,193	51,431
Transfer from renovation in progress		39,586		17		—		5	(39,608)	—
Disposals		(14,604)		(3,705)		(29)		(2,858)	(86)	(21,282)
Exchange adjustments		14,071		696		56		1,037	213	16,073
At December 31, 2025		362,446		14,337		1,746		36,498	12,760	427,787

DEPRECIATION AND IMPAIRMENT
At January 1, 2024		175,377		6,899		922		14,134	74	197,406
Charge for the year		37,564		2,741		163		3,471	—	43,939
Net impairment recognized in profit or loss		1,209		24		—		1,075	—	2,308
Eliminated on disposals		(8,852)		(867)		(129)		(1,201)	(75)	(11,124)
Exchange adjustments		(2,056)		(254)		(107)		(449)	1	(2,865)
At December 31, 2024		203,242		8,543		849		17,030	—	229,664


		Leasehold				Transportation		Furniture	Renovation
		improvement		Machinery		equipment		and fixture	in progress	Total
		USD’000		USD’000		USD’000		USD’000	USD’000	USD’000

DEPRECIATION AND IMPAIRMENT (cont’d)
At January 1, 2025		203,242		8,543		849		17,030	—	229,664
Charge for the year		36,796		2,312		173		4,361	—	43,642
Net impairment recognized in profit or loss		1,046		(33)		—		223	—	1,236
Eliminated on disposals		(12,431)		(3,391)		(16)		(2,288)	—	(18,126)
Exchange adjustments		10,015		346		39		670	—	11,070
At December 31, 2025		238,668		7,777		1,045		19,996	—	267,486

CARRYING AMOUNT
At December 31, 2024		117,963		7,064		629		17,197	9,048	151,901

At December 31, 2025		123,778		6,560		701		16,502	12,760	160,301

In 2025, the Group purchased for new additions of USD51,431,000 and renovation fee payables carried forward from prior year of USD4,144,000 (Note 21). There is USD4,512,000 that remains unpaid and is included in renovation fee payables (Note 21). The Group also made prepayments to suppliers for renovation works of USD3,169,000 (2024: USD1,075,000) (Note 17).

In 2024, the Group purchased for new additions of USD37,414,000 and renovation fee payables carried forward from prior year of USD1,472,000 (Note 21). There is USD4,144,000 that remains unpaid and is included in renovation fee payables (Note 21).

The above items of property, plant and equipment, except for renovation in progress, after taking into account the residual value, are depreciated on a straight-line basis at the following rates per annum: