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NONCONTROLLING INTEREST | 12 Months Ended
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Dec. 31, 2023
NONCONTROLLING INTEREST |
NONCONTROLLING INTEREST | NOTE 10 – NONCONTROLLING INTEREST Noncontrolling interests are classified as a separate line item in the equity section and disclosures in the Group’s consolidated financial statements have distinguished the interest of the Group from the interest of the noncontrolling interest holder. Noncontrolling interest in 2021 represented 49% ownership interests of Mansions owned by two unrelated parties. Mansions commenced its business in the UK in August 2021. In May 2022, the Company acquired the 49% of ownership interests in Mansions owned by the two unrelated parties with a consideration of one dollar each. There was no noncontrolling interest as of December 31, 2023 and 2022. ​

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- Definition The entire disclosure for noncontrolling interest in consolidated subsidiaries, which could include the name of the subsidiary, the ownership percentage held by the parent, the ownership percentage held by the noncontrolling owners, the amount of the noncontrolling interest, the location of this amount on the balance sheet (when not reported separately), an explanation of the increase or decrease in the amount of the noncontrolling interest, the noncontrolling interest share of the net Income or Loss of the subsidiary, the location of this amount on the income statement (when not reported separately), the nature of the noncontrolling interest such as background information and terms, the amount of the noncontrolling interest represented by preferred stock, a description of the preferred stock, and the dividend requirements of the preferred stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 810 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//810/tableOfContent + Details
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- References No definition available. + Details
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