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RELATED PARTY TRANSACTIONS
 6 Months Ended
Jun. 30, 2025
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

16. RELATED PARTY TRANSACTIONS

 

Related parties are entities with common direct or indirect shareholders and/or directors. Parties are considered to be related if one party has the ability to control the other party or exercise significant influence over the other party in making financial and operating decisions.

 

Some of the Company’s transactions and arrangements are with related parties and the effect of these on the basis determined between parties is reflected in these financial statements. The balances are unsecured, interest-free and repayable on demand unless otherwise stated.

 

The following transactions took place between the Company and its related parties during the periods:

          
  

For the six-month period ended

June 30,

 
   2024   2025 
   US$’000   US$’000 
Interest income receivable from a related party   181    192 
Director’s fees of the subsidiary   62    69 
Directors’ fees of the Company   27    27 
Directors’ remuneration   41    47 
Related party remuneration   68    65 
Rental expense paid to director   20    20 
Interest payable to a related party   75    55 
Loan from related parties   –    356 
Sales with a related party   2,905    15,193