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INVESTMENT PROPERTIES (Tables)
12 Months Ended
Dec. 31, 2023
INVESTMENT PROPERTIES [Abstract]  
Investment Properties

The details of investment properties are as follows:
In thousands of USD
 
Leasehold land
   
Building
   
Others
   
Total
 
Cost:
                       
At July 1, 2022 *
   
-
     
-
     
-
     
-
 
Acquisition of assets
   
4,833
     
29,773
     
380
     
34,986
 
Additions
   
730
     
-
     
-
     
730
 
Exchange adjustments
   
183
     
906
     
14
     
1,103
 
At December 31, 2022
   
5,746
     
30,679
     
394
     
36,819
 
Accumulated depreciation:
                               
At January 1, 2022
   
-
     
-
     
-
     
-
 
Charge for the year
   
(192
)
   
(1,019
)
   
(26
)
   
(1,237
)
Exchange adjustments
   
(7
)
   
(32
)
   
(1
)
   
(40
)
At December 31, 2022
   
(199
)
   
(1,051
)
   
(27
)
   
(1,277
)
Net book value:
                               
At December 31, 2022
   
5,547
     
29,628
     
367
     
35,542
 
Cost:
                               
At January 1, 2023
   
5,746
     
30,679
     
394
     
36,819
 
Additions
   
82
     
224
     
701
     
1,007
 
Exchange adjustments
   
87
     
370
     
6
     
463
 
At December 31, 2023
   
5,915
     
31,273
     
1,101
     
38,289
 
Accumulated depreciation:
                               
At January 1, 2023
   
(199
)
   
(1,051
)
   
(27
)
   
(1,277
)
Charge for the year
   
(390
)
   
(2,104
)
   
(107
)
   
(2,601
)
Exchange adjustments
   
(12
)
   
(50
)
   
(3
)
   
(65
)
At December 31, 2023
   
(601
)
   
(3,205
)
   
(137
)
   
(3,943
)
Net book value:
                               
At December 31, 2023
   
5,314
     
28,068
     
964
     
34,346
 

* The investment properties were acquired from the acquisition of AFH, which was closed on July 1, 2022. See Note 5
Maturity Analysis of Lease Payments Receivable under Operating Leases

The maturity analysis of lease payments receivable under operating leases of investment properties was as follows:

In thousands of USD
 
At December 31, 2023
 
2024
   
3,858
 
2025
   
3,396
 
2026
   
2,766
 
2027
   
1,791
 
2028
   
1,769
 
Thereafter
   
3,560
 
Total
   
17,140