The Predecessor and Successor predominantly leases land and buildings. The leases typically run for a period between 3 to 20 years, with an option to renew the lease after that date.

Right-of-use assets


	Total
	US$’000
Successor
Carrying Amounts:
As at March 31, 2024		3,549
Additions		7,486
Disposals		(1,599	)
Depreciation		(1,412	)
Effect of movements in exchange rates		62
As at March 31, 2025		8,086
Additions		627
Depreciation		(1,620	)
Effect of movements in exchange rates		18
As at March 31, 2026		7,111

ii)

Lease liabilities


	Successor		Successor
	As of March 31, 2026		As of March 31, 2025
	US$’000		US$’000
Lease liabilities – current		1,374		1,187
Lease liabilities – non-current		5,067		6,096
Total lease liabilities		6,441		7,283

Some property leases contain extension options exercisable by the Predecessor and Successor up to one year before the end of the non-cancellable contract period. The extension options held are exercisable only by the Predecessor and Successor and not by the lessors. The Predecessor and Successor assess at the lease commencement date whether it is reasonably certain to exercise the options if there is a significant event or significant changes in circumstances within its control.

iii)

Amounts recognized in profit or loss


	Successor			Successor			Successor			Predecessor
	For the year ended March 31, 2026			For the year ended March 31, 2025			For the period June 16, 2023 through March 31, 2024			For the period April 1 through June 15, 2023
	US$’000			US$’000			US$’000			US$’000
Depreciation charge for right-of-use assets		(1,620	)		(1,412	)		(1,030	)		(140	)
Interest on lease liabilities		(347	)		(221	)		(125	)		(24	)
Expenses relating to short-term lease and low value assets		(2,017	)		(1,769	)		(1,666	)		(390	)

iv)

Amounts recognized in statements of cash flows

          
         Successor

         Successor

         Successor

         Predecessor

          
         For the
year ended
March 31,
2026

         For the
year ended
March 31,
2025

         For the period
June 16, 2023
through
March 31,
2024

         For the period
April 1
through
June 15,
2023

Total cash outflow for leases

3,832

3,292

2,615

611