Non-current receivable is unsecured, non-interest bearing and repayable immediately on demand or on the repayment date set out in each respective loan agreements. The advance was utilized to finance the LPW’s construction and working capital requirements.

Trade receivables are unsecured, non-interest bearing and are generally on 30 to 120 days’ (2025: 30 to 120 days’) credit terms.

Prepayments mainly comprise professional fees paid in advance for business development and marketing activities. These costs will be amortised over the expected benefit periods, ranging from one to two years, in line with the Company’s policy to match expenses with the period in which the related economic benefits are expected to be realised.

The movement in allowance for expected credit losses of trade receivables – third parties computed based on lifetime ECL was as follows:

The currency profiles of the Company’s trade and other receivables as at the end of each reporting period are as follows: