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Interest-Bearing Borrowings (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Interest-Bearing Borrowings [Abstract]    
Schedule of Bridge Loan - Liability Component   Bridge loan - liability component
   2022 
   US$ 
As at January 1   12,274,215 
Drawdown during the year   6,756,665 
Finance costs   4,074,175 
Repaid during the year   (7,374,346)
Settled during the year   (15,730,709)
      
As at December 31   
-
 
Schedule of Bridge Loan - Derivative Component   Bridge loan - derivative component
   2022 
   US$ 
As at January 1   1,551,677 
On initial recognition   842,181 
Change in fair value   835,433 
Exercised during the year   (3,229,291)
      
As at December 31   
-
 

 
Schedule of Loan Notes – Liability Component Loan notes – liability component
   For the six months ended
June 30,		 
   2023 
   (Unaudited) 
   US$ 
     
As at January 1   8,745,192 
Finance costs   3,537,463 
As at June 30   12,282,655 
 Loan notes – liability component
   2023   2022 
   US$   US$ 
As at January 1   8,745,192    
-
 
Issued during the year   5,000,000    7,959,134 
Finance costs   18,975,635    786,058 
Repayment during the year   (32,720,827)   
-
 
           
As at December 31   
-
    8,745,192 
Schedule of Freestanding Derivative - Option for Additional Subscription of Loan Notes Freestanding derivatives for additional subscription options
   For the six months ended
June 30,		 
   2023 
   (Unaudited) 
   US$ 
     
As at January 1   2,796,131 
Change in fair value   9,086,936 
As at June 30   11,883,067 

 

 Freestanding derivative - option for additional subscription of loan notes
   2023   2022 
   US$   US$ 
As at January 1   2,796,131    
-
 
On initial recognition   
-
    2,796,131 
Change in fair value   9,536,904    
-
 
Exercised during the year   (12,333,035)   
-
 
           
As at December 31   
-
    2,796,131 
Schedule of Binomial Option Pricing Model to Determine the Fair Value of the Option for Additional Subscription The following table lists the inputs to the model used for the six months ended June 30, 2023:
   (Unaudited) 
Risk-free rate (%)   4.2 
Volatility (%)   63 
Dividend yield (%)   
-
 
 The following table lists the inputs to the model used for the year ended December 31, 2022 and upon exercise:
    2022 
Risk-free rate (%)   4.06 – 4.33 
Volatility (%)   61 – 62 
Dividend yield (%)   
-
 
Upon exercise
Risk-free rate (%)   4.76 
Volatility (%)   63 
Dividend yield (%)   
-