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CASH AND BANK BALANCES | 12 Months Ended
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Dec. 31, 2024
Cash And Bank Balances |
CASH AND BANK BALANCES | 15. CASH AND BANK BALANCES SCHEDULE OF CASH AND BANK BALANCES
|  | 2024 |  |  | 2023 |
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
|  | USD’000 |  |  | USD’000 |
Cash at banks |  |  | 1,047 |  |  |  | 538 |
Cash and bank balances |  |  | 1,047 |  |  |  | 538 |
Cash and bank balances are denominated in the following currencies: SCHEDULE OF CASH AND BANK BALANCES THAT ARE DENOMINATED IN VARIOUS CURRENCIES
|  | 2024 |  |  | 2023 |
|  | As of December 31, |
|  | 2024 |  |  | 2023 |
|  | USD’000 |  |  | USD’000 |
Renminbi |  |  | 700 |  |  |  | 511 |
Hong Kong dollar |  |  | -* |  |  |  | -* |
US dollars |  |  | 347 |  |  |  | 27 |
Cash and cash equivalents |  |  | 1,047 |  |  |  | 538 |
* |  | Amount is less than USD1,000.
Bank balances denominated in Renminbi are deposited with banks in the PRC and are not freely convertible to foreign currencies. The conversion of these RMB denominated balances into foreign currencies is subject to the foreign exchange control rules and regulations promulgated by the PRC Government. Bank balances denominated in US dollars are mainly held in bank accounts in Hong Kong and the United States of America. Cash at banks and bank deposits comprise cash held by the Company and short-term bank deposits with an original maturity of three months or less. The deposits carry interest at prevailing market rates.

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- Definition The disclosure of restricted cash and cash equivalents. [Refer: Restricted cash and cash equivalents] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
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