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FINANCIAL ASSETS AND FINANCIAL LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of detailed information about financial instruments [abstract]  
Summary of Other Financial Assets and Liabilities
11(a)    Other financial assets and liabilities
As of December 31,
20242023
US$’000US$’000
Financial assets at fair value through other comprehensive income
Equity instrument (Note 11(d))3,069 2,902 
3,069 2,902 
Financial assets at fair value through profit or loss
Foreign exchange forward contracts (Note 11(c))— 307 
— 307 
Summary of Interest-bearing Loans and Borrowings loans, of which the current portion was $24,098 and $53,737 as of December 31, 2024 and 2023, respectively.
As of December 31,
20242023
Interest rateMaturityLocal currencyInterest rateMaturityLocal currency
%‘000US$’000%‘000US$’000
Interest-bearing loans and borrowings
Bank loans6.36Sep. 2027
AUD$4,693
2,918 4.94Nov. 2024
AUD$4,543
3,104 
Bank loans
4.63~4.83
5/1/2025
SGD$6,000
4,416 5.11Dec. 2024
SGD$6,000
4,551 
Bank loans4.76Mar. 2027
THB$266,010
7,807 7.27Feb. 2024
THB$309,488
9,090 
Trust receipt
2.93 ~ 5.93
May 2025
THB$348,923
10,241 
2.75 ~ 4.70
May 2024
THB$1,151,234
33,812 
Trust receipt
4.96 ~ 5.36
Mar. 2025
SGD$4,875
3,588 
5.46 ~5.61
Apr. 2024
SGD$4,193
3,180 
Total28,970 53,737 
Summary Of Foreign Currency Forward Contracts Assets And Liabilities
20242023
AssetsLiabilitiesAssetsLiabilities
US$’000US$’000US$’000US$’000
Foreign currency forward contracts
Fair value— 21 307 74 
Disclosure of detailed information about financial instruments
Set out below is a comparison of the carrying amounts and fair value of our Company’s financial instruments that are carried in the financial statements:
Carrying amountFair value
As of December 31,As of December 31,
2024202320242023
US$’000US$’000US$’000US$’000
Financial assets - current
Financial assets at fair value through profit— 307 — 307 
Financial assets at amortized cost
Cash and cash equivalents34,035 37,970 34,035 37,970 
Trade receivables102,789 104,955 102,789 104,955 
Other receivables1,257 1,670 1,257 1,670 
Due from related parties607 1,368 607 1,368 
Financial assets - non-current
Financial assets at fair value through other comprehensive income3,069 2,902 3,069 2,902 
Financial assets at amortized cost
Long-term bank deposits*1,259 1,454 1,259 1,454 
Total143,016 150,626 143,016 150,626 
Financial liabilities - current
Liabilities at amortized cost
Interest-bearing loans and borrowings24,098 53,737 24,098 53,737 
Trade and other payables57,220 51,743 57,220 51,743 
Due to related parties9,715 7,941 9,715 7,941 
Accruals8,246 15,250 8,246 15,250 
Financial liabilities - non-current
Liabilities at amortized cost
Interest-bearing loans and borrowings4,872 — 4,872 — 
Total104,151 128,671 104,151 128,671 
*included in other non-current assets
Disclosure of sensitivity analysis of fair value measurement to changes in unobservable inputs, assets
Valuation techniqueSignificant unobservable inputsLiquidity discount
(2024 and 2023)
Sensitivity of the input to fair value
20242023
Financial asset
Unquoted equity instrumentMarket Approach MethodLiquidity Discount30%
 5% decrease in the discount would increase in fair value by $185
5% decrease in the discount would increase in fair value by $190
Disclosure of fair value of investments in equity instruments designated at fair value through other comprehensive income A reconciliation of the beginning and closing balances is summarized below:
20242023
US$’000 US$’000
At January 12,902 1,553 
Acquisitions252 240 
Recognized in other comprehensive income/(loss)(67)1,104 
Exchange difference on translation(18)
At December 313,069 2,902