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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2018
Related Party Transactions [Abstract]  
Outstanding Balance and Transactions with Related Parties

The following table provided the total amount of outstanding balance at December 31, 2018 and 2017.

 

 

Amounts due from related parties

 

Amounts due to related parties

 

 

 

As of December 31,

 

As of December 31,

 

 

 

2018

 

2017

 

2018

 

2017

 

 

 

US$’000

 

US$’000

 

US$’000

 

US$’000

 

The ultimate parent company

 

 

 

 

 

 

 

 

 

 

 

 

 

PEWC

 

 

 

 

88

 

 

45

 

 

1,019

 

PEWC, Singapore Branch

 

 

15

 

 

15

 

 

 

 

 

PEWC Singapore Co. (Pte) Ltd.

 

 

 

 

 

 

1,005

 

 

1,008

 

PEWC (HK)

 

 

5,989

 

 

7,420

 

 

399

 

 

2,394

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The immediate holding company

 

 

 

 

 

 

 

 

 

 

 

 

 

Moon View

 

 

 

 

 

 

 

 

1,537

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Associate

 

 

 

 

 

 

 

 

 

 

 

 

 

SPHC

 

 

181

 

 

180

 

 

1,362

 

 

1,362

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-controlling shareholder of subsidiary

 

 

 

 

 

 

 

 

 

 

 

 

 

Italian-Thai and its affiliates

 

 

5,876

 

 

5,651

 

 

 

 

 

Fujikura Limited

 

 

 

 

 

 

136

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Others

 

 

 

 

 

 

50

 

 

22

 

Total

 

 

12,061

 

 

13,354

 

 

2,997

 

 

7,342

 

The transactions undertaken with related parties are summarized as follows:

 

 

 

 

 

For the year ended December 31,

 

 

 

 

 

2018

 

2017

 

2016

 

 

 

 

 

US$’000

 

US$’000

 

US$’000

 

The ultimate parent company

 

 

 

 

 

 

 

 

 

 

 

 

PEWC

 

Purchases

 

 

521

 

 

18,170

 

 

8,596

 

 

 

Sales

 

 

14

 

 

1,457

 

 

493

 

 

 

Fabrication income received

 

 

412

 

 

208

 

 

 

 

 

Management fee received

 

 

 

 

 

 

4

 

 

 

Management fee paid

 

 

136

 

 

143

 

 

145

 

 

 

Information technology 

service fee paid

 

 

115

 

 

114

 

 

118

 

PEWC, Singapore Branch

 

Management fee received

 

 

14

 

 

14

 

 

14

 

PEWC Singapore Co. (Pte) Ltd.

 

Interest expenses paid

 

 

21

 

 

15

 

 

11

 

PEWC (HK)

 

Purchases

 

 

2,479

 

 

4,180

 

 

6,331

 

 

 

Sales

 

 

23,498

 

 

24,437

 

 

25,546

 

 

 

Service fee paid

 

 

231

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The immediate holding company

 

 

 

 

 

 

 

 

 

 

 

 

Moon View

 

Income from discharge

of liability*

 

 

1,537

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-controlling shareholder of subsidiary

 

 

 

 

 

 

 

 

 

 

 

 

Italian Thai and its affiliates

 

Sales

 

 

6,814

 

 

6,203

 

 

3,058

 

 

 

Construction of factory building expenses and acquisition of assets

 

 

 

 

 

 

285

 

Fujikura Limited

 

Purchases

 

 

750

 

 

1,115

 

 

1,064

 

 

Compensation of Key Management Personnel

24(d)Compensation of key management personnel of the Company

 

 

 

For the years ended December, 31

 

 

 

2018

 

 

2017

 

 

2016

 

 

 

US$’000

 

 

US$’000

 

 

US$’000

 

Short-term employee benefits

 

 

3,814

 

 

 

3,900

 

 

 

3,344

 

Post-employment benefits

 

 

102

 

 

 

103

 

 

 

100

 

Termination benefits

 

 

47

 

 

 

43

 

 

 

103

 

Total compensation paid to key management

   personnel

 

 

3,963

 

 

 

4,046

 

 

 

3,547