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Prepayments and Other Assets

12 Months Ended

Dec. 31, 2024

Prepayments and Other Assets [Abstract]

PREPAYMENTS AND OTHER ASSETS

16. PREPAYMENTS AND OTHER ASSETS

		2024				2023
		US$				US$
Prepayments			8,845,219				3,389,557
Deposits and other receivables			1,328,372				1,491,886
			10,173,591				4,881,443
Portion classified as non-current			(24,608	)			(26,072	)
Current portion			10,148,983				4,855,371

The financial assets included in the above balances relate to deposits and other receivables for which there was no recent history of default and past due amount. As at December 31, 2024 and 2023, the loss allowance was assessed to be minimal.

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- References

No definition available.

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- Definition

The disclosure of prepayments and other assets. [Refer: Other assets; Prepayments]

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name IAS
-Number 1
-IssueDate 2024-01-01
-Paragraph 10
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-URIDate 2024-03-27

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