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RELATED PARTY TRANSACTIONS

6 Months Ended

Jun. 30, 2024

Disclosure of transactions between related parties [abstract]

RELATED PARTY TRANSACTIONS

16. RELATED PARTY TRANSACTIONS

Apart from those discussed elsewhere in these condensed consolidated financial statements, the following are significant related party transactions entered into between the Company and its related parties at agreed rates:

SCHEDULE OF DUE FROM RELATED PARTIES

		June 30, 2024				December 31, 2023
		As of
		June 30, 2024				December 31, 2023
		USD’000				USD’000
Liping Huang (CEO’s spouse)			489				500
Lei Deng (legal representative of one of the subsidiaries)			270				277
Xiaorong Yang (legal representative of one of the subsidiaries)			527				539
Total			1,286				1,316

 SCHEDULE OF SIGNIFICANT RELATED PARTY TRANSACTIONS

		June 30, 2024				December 31, 2023
		As of
		June 30, 2024				December 31, 2023
		USD’000				USD’000
Amounts owed from related parties			53				78

As of June 30, 2024 and December 31, 2023, the Company had due to CEO of $ 53,000 and $ 78,000.

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- References

No definition available.

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- Definition

The disclosure of transactions between the entity and its related parties. [Refer: Total for all related parties [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IAS
-Number 24
-IssueDate 2024-01-01
-Paragraph 18
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-URIDate 2024-03-27

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