XML 225 R29.htm IDEA: XBRL DOCUMENT
v3.24.3

Deferred Taxation | 12 Months Ended
--- | ---
Dec. 31, 2023
Deferred Taxation [Abstract] |
DEFERRED TAXATION |
| 24. | DEFERRED TAXATION
The movements in deferred tax assets/(liabilities) during the year are as follows: Deferred tax liabilities
|  | Provision for defined benefit obligations |  |  | Fair value adjustments arising from acquisition of a subsidiary |  |  | Depreciation allowance in excess of related depreciation |  |  | Right-of-use assets |  |  | Total |
|  | US$ |  |  | US$ |  |  | US$ |  |  | US$ |  |  | US$ |
At December 31, 2021 |  | (8,601) |  |  | (284,338) |  |  | (3,596) |  |  | - |  |  | (296,535) |
Effect of adoption of amendments to IAS 12 |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (71,874 | ) |  |  | (71,874 | )
At January 1, 2022 (restated) |  |  | (8,601 | ) |  |  | (284,338 | ) |  |  | (3,596 | ) |  |  | (71,874 | ) |  |  | (368,409 | )
Deferred tax credited/(charged) to profit or loss (restated) |  |  | - |  |  |  | 281,791 |  |  |  | (1,496 | ) |  |  | (50,682 | ) |  |  | 229,613 |
Deferred tax charged to other comprehensive (loss)/income |  |  | (23,148 | ) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (23,148 | )
Exchange realignment (restated) |  |  | 1,290 |  |  |  | 2,547 |  |  |  | 11 |  |  |  | (522 | ) |  |  | 3,326 |
Gross deferred tax liabilities at December 31, 2022 and January 1, 2023 (restated) |  |  | (30,459 | ) |  |  | - |  |  |  | (5,081 | ) |  |  | (123,078 | ) |  |  | (158,618 | )
Deferred tax credited to profit or loss |  |  | - |  |  |  | - |  |  |  | 1,360 |  |  |  | 68,519 |  |  |  | 69,879 |
Deferred tax credited to other comprehensive (loss)/income |  |  | 4,920 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 4,920 |
Exchange realignment |  |  | (16 | ) |  |  | - |  |  |  | 4 |  |  |  | (449 | ) |  |  | (461 | )
Gross deferred tax liabilities at December 31, 2023 |  |  | (25,555 | ) |  |  | - |  |  |  | (3,717 | ) |  |  | (55,008 | ) |  |  | (84,280 | )
Deferred tax assets
|  | Lease liabilities |
|  | US$ |
At January 1, 2021 |  |  | - |
Effect of adoption of amendments to IAS 12 |  |  | 71,874 |
At January 1, 2022 (restated) |  |  | 71,874 |
Deferred tax credited to profit or loss (restated) |  |  | 50,682 |
Exchange realignment (restated) |  |  | 522 |
Gross deferred tax assets at December 31, 2022 and January 1, 2023 (restated) |  |  | 123,078 |
Deferred tax charged to profit or loss |  |  | (68,519 | )
Exchange realignment |  |  | 449 |
Gross deferred tax assets at December 31, 2023 |  |  | 55,008 |
For presentation purposes, certain deferred tax assets and liabilities have been offset in the statements of financial position. The following is an analysis of the deferred tax balances of the Group for financial reporting purposes:
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Net deferred tax assets recognized in the consolidated statement of financial position |  |  | - |  |  |  | - |
Net deferred tax liabilities recognized in the consolidated statement of financial position |  |  | 29,272 |  |  |  | 35,540 |

X
- References No definition available. + Details
Name: | ifrs-full_DeferredTaxAssetsAndLiabilitiesAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of deferred taxes. [Refer: Deferred tax liabilities; Deferred tax assets] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfDeferredTaxesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration