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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract]  
Outstanding Balance and Transactions with Related Parties

The following table provided the total amount of outstanding balance at December 31, 2017 and 2016.

 

 

 

Amounts due from related parties

 

 

Amounts due to related parties

 

 

 

As of December 31,

 

 

As of December 31,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

 

 

US$’000

 

 

US$’000

 

 

US$’000

 

 

US$’000

 

The ultimate parent company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEWC

 

 

88

 

 

 

2,693

 

 

 

1,019

 

 

 

457

 

PEWC, Singapore Branch

 

 

15

 

 

 

14

 

 

 

 

 

 

 

PEWC Singapore Co. (Pte) Ltd.

 

 

 

 

 

 

 

 

1,008

 

 

 

993

 

PEWC (HK)

 

 

7,420

 

 

 

7,488

 

 

 

2,394

 

 

 

88

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The immediate holding company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Moon View

 

 

 

 

 

 

 

 

1,537

 

 

 

1,537

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Associate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SPHC

 

 

180

 

 

 

164

 

 

 

1,362

 

 

 

1,362

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-controlling shareholder of subsidiary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Italian-Thai and its affiliates

 

 

5,651

 

 

 

2,214

 

 

 

 

 

 

 

Fujikura Limited

 

 

 

 

 

 

 

 

 

 

 

131

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Others

 

 

 

 

 

 

 

 

23

 

 

 

65

 

Total

 

 

13,354

 

 

 

12,573

 

 

 

7,343

 

 

 

4,633

 

 

The transactions undertaken with related parties are summarized as follows:

 

 

 

 

 

For the year ended December 31,

 

 

 

 

 

2017

 

 

2016

 

 

2015

 

 

 

 

 

US$’000

 

 

US$’000

 

 

US$’000

 

The ultimate parent company

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PEWC

 

Purchases of materials

 

 

12,818

 

 

 

2,291

 

 

 

3,706

 

 

 

Purchases of products

 

 

5,352

 

 

 

6,305

 

 

 

3,592

 

 

 

Sales

 

 

1,457

 

 

 

493

 

 

 

111

 

 

 

Fabrication income received

 

 

208

 

 

 

 

 

 

 

 

 

Management fee received

 

 

 

 

 

4

 

 

 

17

 

 

 

Management fee paid

 

 

143

 

 

 

145

 

 

 

241

 

 

 

Information technology service fee paid

 

 

114

 

 

 

118

 

 

 

97

 

PEWC, Singapore Branch

 

Management fee received

 

 

14

 

 

 

14

 

 

 

14

 

PEWC Singapore Co. (Pte) Ltd.

 

Interest expenses paid

 

 

15

 

 

 

11

 

 

 

9

 

PEWC (HK)

 

Purchases of materials

 

 

4,180

 

 

 

6,331

 

 

 

32,440

 

 

 

Sales

 

 

24,437

 

 

 

25,546

 

 

 

29,634

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-controlling shareholder of subsidiary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Italian Thai and its affiliates

 

Sales

 

 

6,203

 

 

 

3,058

 

 

 

3,030

 

 

 

Construction of factory building expenses and acquisition of assets

 

 

 

 

 

285

 

 

 

2,605

 

Fujikura Limited

 

Purchases of products

 

 

1,115

 

 

 

1,064

 

 

 

917

 

 

Compensation of Key Management Personnel

 

(c)

Compensation of key management personnel of the Company

 

 

 

For the years ended December, 31

 

 

 

2017

 

 

2016

 

 

2015

 

 

 

US$’000

 

 

US$’000

 

 

US$’000

 

Short-term employee benefits

 

 

3,900

 

 

 

3,344

 

 

 

3,382

 

Post-employment benefits

 

 

103

 

 

 

100

 

 

 

87

 

Termination benefits

 

 

43

 

 

 

103

 

 

 

80

 

Total compensation paid to key management

   personnel

 

 

4,046

 

 

 

3,547

 

 

 

3,549