Property, Plant and Equipment

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

17.	PROPERTY, PLANT AND EQUIPMENT


	Hotel property			Furniture and fixtures			Computer equipment			Right-of- use assets		Total
	US$			US$			US$			US$		US$
Cost:
As of January 1, 2021		—			1			540			—		541
Exchange realignment		—			—			(3	)		—		(3	)

As of December 31, 2021		—			1			537			—		538
Additions		—			—			2			—		2
Additions from acquisition of subsidiaries		—			—			18			—		18
Disposal of subsidiaries		—			(1	)		(537	)		—		(538	)

As of December 31, 2022		—			—			20			—		20
Additions		15			—			57			219		291
Additions from acquisition of subsidiaries (Note 33(a))		135,592			—			79			254		135,925
Disposal of subsidiaries		(63,444	)		—			(7	)		—		(63,451	)
Exchange realignment		(1,614	)		—			1			19		(1,594	)

As of December 31, 2023		70,549			—			150			492		71,191


Accumulated depreciation:
As of January 1, 2021		—			(1	)		(530	)		—		(531	)
Charge for the year		—			—			(6	)		—		(6	)
Exchange realignment		—			—			8			—		8

As of December 31, 2021		—			(1	)		(528	)		—		(529	)
Charge for the year		—			—			(12	)		—		(12	)
Disposal of subsidiaries		—			1			532			—		533


	Hotel property			Furniture and fixtures		Computer equipment			Right-of- use assets			Total
	US$			US$		US$			US$			US$
At December 31, 2022 and January 1, 2023		—			—		(8	)		—			(8	)
Charge for the year		(1,621	)		—		(25	)		(120	)		(1,766	)
Disposal of subsidiaries		623			—		5			—			628
Exchange realignment		11			—		—			(2	)		9

As of December 31, 2023		(987)			—		(28	)		(122	)		(1,137	)

Carrying amount:
As of December 31, 2021		—			—		9			—			9

As of December 31, 2022		—			—		12			—			12

As of December 31, 2023		69,562			—		122			370			70,054

A hotel property of US$69,562 was pledged for a bank borrowing (note 22) as of December 31, 2023.

As of December 31, 2023, the Group leases commercial premises for its operations. Lease contracts are entered into for fixed term of three years.

In determining the lease term and assessing the length of the

non-cancellable

period, the Group applies the definition of a contract and determines the period for which the contract is enforceable.

In addition, lease liabilities of US$382 are

recognized

with related

right-of-use

assets of US$370 as of December 31, 2023. The lease agreements do not impose any covenants other than the security interests in the leased assets that are held by the lessor. Leased assets may not be used as security for borrowing purposes.