v3.26.1
Receivables from Customers, Broker-Dealers and Clearing Organizations, Net
 12 Months Ended
Mar. 31, 2026
Receivables from Customers, Broker-Dealers and Clearing Organizations, Net [Abstract]  
RECEIVABLES FROM CUSTOMERS, BROKER-DEALERS AND CLEARING ORGANIZATIONS, NET

10. RECEIVABLES FROM CUSTOMERS, BROKER-DEALERS AND CLEARING ORGANIZATIONS, NET

 

Receivables from customers, broker-dealers and clearing organizations, net comprised the following:

 

    As of March 31,  
    2026     2025  
    $’000     $’000  
Receivables from:            
Customers     12,525       693  
Brokers-dealers and clearing organizations     727       19  
Sub-total     13,252       712  
Less: allowance for credit losses     (942 )     (501 )
Total     12,310       211  

 

The movement of the allowance for credit losses for receivables from customers, broker-dealers and clearing organizations was as follows: 

 

    For the years ended March 31,  
    2026     2025     2024  
    $’000     $’000     $’000  
Beginning balance     501       590       223  
Additions     539       -       444  
Reversal     (98 )     (92 )     -  
Write-offs     -       -       (77 )
Exchange realignment     -       3       -  
Ending balance     942       501       590