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SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]  
Schedule of valuation model used for the PSUs granted The following table lists the inputs to the valuation model used for the PSUs granted during the year ended December 31,
2024 and 2023 respectively:
2024 PSUs
2023 PSUs
Fair value at grant date (in dollars)
27.14
22.73
Share price at grant date (in dollars)
19.82
16.06
Dividend yield
—
—
Expected volatility (A)
44%
67%
Risk-free interest rate (US government bond yield)
4.46%
4.56%
Model used
Monte Carlo
Monte Carlo
(A)Volatilities for the Company and companies included in indices were estimated based on observed historical volatilities over a period
equal to the PSU vesting period.
Schedule of movement of potential shares (Performance Based RSU) Movement of potential shares
Performance-Based RSU
Restricted Stock Units
Potential Shares
Weighted-Average
Grant-Date Fair
Value per Share
Potential Shares
Weighted-Average
Grant-Date Fair
Value per Share
At January 1, 2024
1,797,179
$24.95
1,664,370
$17.17
Granted (A)
600,268
$27.14
545,477
$19.82
Over-performance (B)
297,335
$26.58
—
$—
Vested
(864,792)
$26.58
(473,952)
$16.91
Forfeited (C)
(49,157)
$24.80
(68,084)
$17.85
At December 31, 2024
1,780,833
$25.18
1,667,811
$18.08
(A)For PSUs, the number of potential shares granted is presented using a vesting multiplier of 100%.
(B)When the achievement of TSR performance exceeds the vesting multiplier of 100%, the additional potential shares are presented as
over-performance shares.
(C)For potential shares related to PSUs, 49,157 were forfeited following the departure of certain beneficiaries and none were forfeited in
relation to the  non-fulfilment of performance conditions.
Schedule of movement of potential shares (Restricted Stock Units) Movement of potential shares
Performance-Based RSU
Restricted Stock Units
Potential Shares
Weighted-Average
Grant-Date Fair
Value per Share
Potential Shares
Weighted-Average
Grant-Date Fair
Value per Share
At January 1, 2024
1,797,179
$24.95
1,664,370
$17.17
Granted (A)
600,268
$27.14
545,477
$19.82
Over-performance (B)
297,335
$26.58
—
$—
Vested
(864,792)
$26.58
(473,952)
$16.91
Forfeited (C)
(49,157)
$24.80
(68,084)
$17.85
At December 31, 2024
1,780,833
$25.18
1,667,811
$18.08
(A)For PSUs, the number of potential shares granted is presented using a vesting multiplier of 100%.
(B)When the achievement of TSR performance exceeds the vesting multiplier of 100%, the additional potential shares are presented as
over-performance shares.
(C)For potential shares related to PSUs, 49,157 were forfeited following the departure of certain beneficiaries and none were forfeited in
relation to the  non-fulfilment of performance conditions.