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INVESTMENT PROPERTIES (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure of detailed information about investment property [abstract]  
Net Book Value of Investment Properties
17(a)    Net book value of investment properties
Land not being
used for
operation
Office buildings
for rent
Warehouse Land leasehold right OtherTotal
US$’000US$’000 US$’000 US$’000 US$’000US$’000
As of December 31, 2022
Cost403 515 5,018 91 11 6,038 
Less: Accumulated depreciation— (385)(397)(5)(1)(788)
Net book value403 130 4,621 86 10 5,250 
As of December 31, 2021
Cost418 716 5,366 98 — 6,598 
Less: Accumulated depreciation— (516)(270)(3)— (789)
Net book value418 200 5,096 95  5,809 
Reconciliation of Net Book Value of Investment Properties
A reconciliation of the net book value of investment properties was as follow:
20222021
US$’000 US$’000
Net book value at January 15,809 6,378 
Addition12 — 
Disposals(30)— 
Depreciation (included in administrative expenses)(176)(196)
Exchange difference(365)(373)
Net book value at December 315,250 5,809 
Amount Recognized in Profit or Loss Arising from Investment Properties
17(b)    The amount recognized in profit or loss arising from the investment properties
202220212020
US$’000 US$’000 US$’000
Rental income derived from investment properties243 170 190 
Direct operating expenses (including repairs and maintenance) generating rental income(157)(174)(145)
Direct operating expenses (including repairs and maintenance) that did not generate rental income(21)(23)— 
Net profit (loss) arising from investment properties carried at cost65 (27)45 
Fair Value of Investment Properties
17(c)    Measuring investment properties at fair value
The fair value of the investment properties are stated below:
As of December 31,
20222021
US$’000US$’000
Land not being used for operation10,322 10,528 
Office buildings for rent1,995 2,444 
Warehouse5,291 5,658 
Land leasehold right158 173 
Other11 —