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Interests in Joint Ventures (Tables)
12 Months Ended
Dec. 31, 2023
Interests in Joint Ventures [Abstract]  
Schedule of Interests in Joint Ventures
    
As of December 31,
 
    
2021
    
2022
    
2023
 
    
US$
    
US$
    
US$
 
Cost of investments in joint ventures
     —         —         (7,988
Due from joint ventures
     —         —         23,810  
  
 
 
    
 
 
    
 
 
 
     —         —         15,822  
  
 
 
    
 
 
    
 
 
 
Schedule of Description in Material Joint Ventures
Details of material joint ventures as of December 31, 2023 are as follows:
 
Name
  
Place of
incorporation
    
Percentage of
ownership
interest held
by the
Company
   
Principal activity
DHI Holdings (S) Pte Ltd.
     Singapore        51   Hotel operations, hospitality and VIP services
Schedule of the Financial Information of Joint Venture
 
The
following
table illustrates the summarized financial information in respect of the Singapore hotel companies adjusted for any differences in accounting policies and reconciled to the carrying amount in the consolidated financial statements:
 
 
  
As of
December 31,
2023
 
 
  
US$
 
Total assets
  
 
201,025
 
Total liabilities
  
 
(216,689
  
 
 
 
Net assets
  
 
(15,664
Proportion of the Group’s ownership
  
 
51
  
 
 
 
Group’s share of net assets of joint ventures
  
 
(7,988
Due from joint ventures
  
 
23,810
 
  
 
 
 
Interests in joint ventures
  
 
15,822
 
  
 
 
 
Addition information of the joint ventures
  
Cash and cash equivalents
  
 
3,516
 
Amounts due to shareholders
  
 
48,280
 
Bank borrowings
  
 
 163,438
 
  
 
 
 

    
February 20, 2023
to December 31,
2023
 
    
US$
 
Revenue
     24,129  
  
 
 
 
Loss for the period
     (4,578
Other comprehensive income for the period
     (600
  
 
 
 
Total comprehensive income for the period
     (5,178