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SCHEDULE OF CAPITAL STRUCTURE (Details) - USD ($) $ in Thousands | Dec. 31, 2024 | Dec. 31, 2023
--- | --- | ---
Capital Management |  |
Interest-bearing bank borrowings |  |
Note payable | 5,187 | 2,111
Amounts owed to related parties | 272 | 78
Total debts | 5,459 | 2,189
Less: Cash and cash equivalents (excluding restricted bank balances) | (1,047) | (538)
Net debts | 4,412 | 1,651
Equity attributable to shareholders of the Company | $ 25,553 | $ 13,985
Gearing ratio | 17.00% | 12.00%

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