v3.26.3
ACCOUNTS RECEIVABLE, NET (Tables)
 6 Months Ended
Jun. 30, 2026
Credit Loss [Abstract]  
SCHEDULE OF ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consisted of the following:

 

   As of June 30, 2026   As of December 31, 2025 
   $’000   $’000 
         
Current assets:          
Accounts receivable – third parties   11,414    10,513 
Accounts receivable – related parties   2,849    2,630 
Less: allowance for doubtful accounts   (2,560)   (2,578)
           
Accounts receivable, net   11,703    10,565 
SCHEDULE OF ACCOUNTS RECEIVABLE PAST DUE

   As of June 30, 2026   As of December 31, 2025 
   $’000   $’000 
         
Current   3,778    3,633 
Between 1 and 30 days   2,135    2,512 
Between 31 and 60 days   913    1,300 
Between 61 and 90 days   396    481 
Between 91 and 120 days   596    246 
Between 121 and 365 days   1,412    983 
Over 365 days   5,033    3,987 
           
Accounts receivable   14,263    13,142 
SCHEDULE OF ALLOWANCE FOR CURRENT EXPECTED CREDIT LOSSES

The following table presents the activities in the allowance for doubtful accounts as of June 30, 2026 and December 31, 2025.

 

   As of June 30, 2026   As of December 31, 2025 
   $’000   $’000 
         
Balance at January 1,   2,578    1,665 
Additions   -    800 
Foreign exchange translation adjustment   (18)   113 
           
Ending balance   2,560    2,578