XML 49 R30.htm IDEA: XBRL DOCUMENT
v3.24.3

ACQUISITIONS OF SUBSIDIARIES | 6 Months Ended
--- | ---
Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |
ACQUISITIONS OF SUBSIDIARIES | ACQUISITIONS OF SUBSIDIARIES Acquisition of SilkNetCom SilkNetCom LLP specializes in the field of provider services, IT and construction of telecommunications networks in private and public sectors. On September 17, 2024, the Company completed the acquisition of SilkNetCom by purchasing 100% of its outstanding shares. The purpose and reason for the acquisition of SilkNetCom was to use the acquired assets and licenses to develop its telecommunications business. At the reporting date, September 30, 2024, final valuation of SilkNetCom was not completed. According to the preliminary results, as of September 17, 2024, the date of the acquisition of SilkNetCom, the fair value of net assets of SilkNetCom was $20,552. The total purchase price was allocated as follows:
| As of September 17, 2024
ASSETS |
Cash and cash equivalents | 54 |
Margin lending, brokerage and other receivables, net | 44 |
Fixed assets, net | 37,878 |
Other assets, net | 7,634 |
TOTAL ASSETS | 45,610 |
LIABILITIES |
Margin lending and trade payables | 219 |
Current income tax liability | 5 |
Other liabilities | 24,834 |
TOTAL LIABILITIES | 25,058 |
Net assets acquired | 20,552 |
Goodwill | 3,328 |
Total purchase price | 23,880 |

X
- References No definition available. + Details
Name: | us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-5 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/805/tableOfContent + Details
Name: | us-gaap_BusinessCombinationDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration