v3.26.3
Share Capital (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
Share Capital [Abstract]    
Schedule of Movements of Share Capital  

Movements of share capital of the Company:

 

    Number of shares  
    Class A
Ordinary
Shares
    Class B
Ordinary
Shares
    Preference
Shares
    Total  
At January 1, 2024     25,280,667       13,254,838       3,466,820       42,002,325  
                                 
Conversion of Preference Shares to Class A Ordinary Shares     1,059,245       -       (1,059,245 )     -  
Exercise of share options     1,593,333       -       -       1,593,333  
Issuance of share for settlement of long-term employee benefit     30,167       -       -       30,167  
At December 31, 2024 and January 1, 2025     27,963,412       13,254,838       2,407,575       43,625,825  
                                 
Exercise of share options     339,572       -       -       339,572  
Issuance of share for settlement upon vesting of restricted share units     1,918,785       -       -       1,918,785  
At December 31, 2025     30,221,769       13,254,838       2,407,575       45,884,182  

 

    Number of shares  
    Class A
Ordinary
Shares
    Class B
Ordinary
Shares
    Old Class A
Ordinary
Shares
    Old Class B
Ordinary
Shares
    Class C
Ordinary
Shares
    Preference
Shares
    Total  
At January 1, 2023     -       -       815,700       632,529       -       4,758,252       6,206,481  
Scrip dividend for Preference Shares (note (a))     -       -       -       -       -       142,032       142,032  
Conversion of Preference Shares to Old Class A Ordinary Shares     -       -       449,865       -       -       (449,865 )     -  
Shares issued pursuant to share-based payment arrangement     -       -       8,726       -       -       -       8,726  
Shares issued upon exercise of Class C warrants     -       -       -       -       8,349,958       -       8,349,958  
Repurchase and cancellation of Old Class A Ordinary Shares     -       -       (2,304 )     -       -       -       (2,304 )
Capital Reorganization - Share Exchange (note (b))     10,254,474       -       (1,271,987 )     (632,529 )     (8,349,958 )     -       -  
Capital Reorganization - Shares issued to acquire net assets of Bridgetown (note 25)     10,092,134       14,874,838       -       -       -       -       24,966,972  
Shares issued upon the exercise of call option for loan notes (note (c))     2,005,460       -       -       -       -       -       2,005,460  
Share issued for settlement of expenses (note (d))     325,000       -       -       -       -       -       325,000  
Conversion of Class B Ordinary shares to Class A Ordinary Shares     1,620,000       (1,620,000 )     -       -       -       -       -  
Conversion of Preference Shares to Class A Ordinary Shares     983,599       -       -       -       -       (983,599 )     -  
At December 31, 2023     25,280,667       13,254,838       -       -       -       3,466,820       42,002,325  
(a) Prior to the Capital Reorganization, the Company declared scrip dividends to holders of the Preference Shares and issued an aggregate of 142,032 Preference Shares. No other dividends were declared to holders of any shares of the Company during the years ended December 31, 2025, 2024 and 2023.

 

(b) As described in note 1, upon closing of the Capital Reorganization, 10,254,474 Class A ordinary shares and 4,450,419 Preference Shares of the Company were exchanged for 33,379,256 ordinary shares of CGCL and 14,486,506 preference shares of CGCL at an exchange ratio of 0.307212.

 

(c) During the year ended December 31, 2023, the Company executed a deed poll constituting up to US$5,000,000 of fixed rate unsecured loan notes, bearing a paid in kind (“PIK”) interest rate of 25% per annum (together with any PIK notes, the “Call Option Notes”) subscribed by a company controlled by a shareholder with significant influence over the Company (the “Option Holder”). Immediately after the closing of the Capital Reorganization, the Option Holder elected to exercise its call option for subscription of additional loan notes (see note 19) in full pursuant to the call option agreement by and between the Company and the Option Holder, as a result of which it received 2,005,460 Class A Ordinary Shares of the Company for no consideration and subscribed for US$5,000,000 of Call Option Notes in an aggregate principal amount of US$5,000,000. The Company has fully settled the Call Option Notes together with any accrued interest in October, 2023.

 

(d) The Company issued 325,000 Class A Ordinary Shares for settlement of professional services rendered by a third party to the Group in lieu of the cash settlement option of US$500,000 during the year ended December 31, 2023 (note 24).
Schedule of Share Capital
    June 30,
2026
    December 31,
2025
 
    US$     US$  
             
Authorised:            
440,000,000 Class A Ordinary Shares   44,000     44,000  
50,000,000 Class B Ordinary Shares     5,000       5,000  
10,000,000 Preference Shares     1,000       1,000  
                 
Total     50,000       50,000  
                 
Issued and fully paid:                
30,892,291 (December 31, 2025: 30,221,769) Class A Ordinary Shares     3,090       3,022  
13,254,838 (December 31, 2025: 13,254,838) Class B Ordinary Shares     1,325       1,325  
2,407,575 (December 31, 2025: 2,407,575) Preference Shares     241       241  
                 
Total     4,656       4,588  

Details of share capital of the Company:

 

    2025     2024  
    US$     US$  
Authorized:            
440,000,000 Class A Ordinary Shares     44,000       44,000  
50,000,000 Class B Ordinary Shares     5,000       5,000  
10,000,000 Preference Shares     1,000       1,000  
      50,000       50,000  
Issued and fully paid:                
30,221,769 (2024: 27,963,412) Class A Ordinary Shares     3,022       2,797  
13,254,838 (2024: 13,254,838) Class B Ordinary Shares     1,325       1,325  
2,407,575 (2024: 2,407,575) Preference Shares     241       241  
      4,588       4,363