Other Financial Assets and Financial Liabilities (Tables)

12 Months Ended

Dec. 31, 2017

Disclosure Of Financial Instruments [Line Items]

Summary of Other Financial Assets and Liabilities

11.1

Other financial assets and liabilities

	As of December 31,
	2017				2016
	Assets		Liabilities		Assets		Liabilities
	US$’000		US$’000		US$’000		US$’000
Financial instruments at fair value through profit or loss
Foreign exchange forward contracts (Note 11.3)		—		139		187		—
Total financial instruments at fair value through profit or loss		—		139		187		—

Assets held-to-maturity
Quoted debt securities		—		—		309		—
Total assets held-to-maturity		—		—		309		—

Available for sale investments
Unquoted equity shares		2,747		—		2,765		—

Total available for sale investments		2,747		—		2,765		—
Total other financial assets and liabilities		2,747		139		3,261		—

Total current		—		139		187		—
Total non-current		2,747		—		3,074		—

Summary of Interest-bearing Loans and Borrowings

As of December 31,

2017

2016

Interest rate

Maturity

Local currency

Interest rate

Maturity

Local currency

‘000

US$’000

‘000

US$’000

Current interest-bearing loans and

borrowings

Bank loans

3.20 ~ 3.50

Feb. 2018

USD$3,800

3,800

3.00 ~ 3.50

Nov. 2017

USD$6,500

6,500

Bank loans

4.70 ~ 5.22

Apr. 2018 ~ Sept. 2018

RMB$30,000

4,602

4.70 ~ 4.79

Feb. 2017 ~ Oct. 2017

RMB$30,200

4,323

Trust receipt

1.70 ~ 2.60

Jan. 2018 ~ Jun. 2018

THB$1,058,995

32,649

1.10 ~ 2.10

Jan. 2017 ~ Jun. 2017

THB$536,095

15,043

Trust receipt

2.47 ~ 2.54

Feb. 2018

SGD$134

100

2.47 ~ 2.54

Dec. 2017

SGD$3,412

2,359

Total current interest-bearing loans and borrowings

41,151

28,225

Foreign Currency Forward Contracts

The forward contract balance varies with the expected foreign currency transactions and changes in foreign exchange rate.

2017

2016

Assets

Liabilities

Assets

Liabilities

US$’000

Foreign currency forward contracts

Fair value

—

139

187

—

Comparison of Carrying Amounts and Fair Value of Financial Instruments

Set out below is a comparison of the carrying amounts and fair value of the Company’s financial instruments that are carried in the financial statements:

	Carrying amount				Fair value
	As of December 31,				As of December 31,
	2017		2016		2017		2016
	US$’000		US$’000		US$’000		US$’000
Financial assets-current
Cash and cash equivalents		46,093		48,231		46,093		48,231
Other current financial assets – at fair value through profit or loss		—		187		—		187
Trade receivables		112,403		79,472		112,403		79,472
Other receivables		9,509		16,918		9,509		16,918
Due from related parties		13,354		12,573		13,354		12,573
Financial assets-non-current
Other non-current financial assets – available for sale		2,747		2,765		2,747		2,765
Other non-current financial assets – held to maturity		—		309		—		309
Total		184,106		160,455		184,106		160,455

Financial liabilities-current
Interest-bearing loans and borrowings		41,151		28,225		41,151		28,225
Other current financial liabilities – at fair value through profit or loss		139		—		139		—
Trade and other payables		28,850		30,023		28,850		30,023
Due to related parties		5,805		3,096		5,805		3,096
Due to immediate holding company		1,537		1,537		1,537		1,537
Financial lease liabilities		36		29		36		29
Financial liabilities-non-current
Financial lease liabilities		42		54		42		54
Total		77,560		62,964		77,560		62,964

Description of Significant Unobservable Inputs to Valuation

Description of significant unobservable inputs to valuation

Valuation technique

Significant unobservable inputs

Liquidity discount

(2017 and 2016)

Sensitivity of the input to fair value

2017

2016

Financial asset

Available-for-sale financial assets in unquoted equity instruments

Market Approach Method

Liquidity Discount

30%

5% decrease in the discount would increase

in fair value by $203

5% decrease in the discount would increase

in fair value by $204

Significant unobservable inputs (Level 3) [Member] | Available-for-sale financial assets [Member]

Disclosure Of Financial Instruments [Line Items]

Fair Value of Assets

The Company carries unquoted equity shares as available-for-sale financial instruments classified as level 3 within the fair value hierarchy. A reconciliation of the beginning and closing balances is summarized below:

	2017			2016
	US$’000			US$’000
At January 1		2,765			2,862
Re-measurement recognized in other comprehensive income (loss)		(80	)		(102	)
Exchange difference		62			5
At December 31		2,747			2,765