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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2023
Disclosure of detailed information about property, plant and equipment [abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
Land Buildings Building improvement Machinery and equipment Motor vehicle
and other asset
Office
equipment
Construction in
progress
Total
US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000 US$’000
Cost
At January 1, 20226,016 48,092 6,837 88,164 5,476 7,547 16,812 178,944 
Additions— 210 353 454 298 645 1,593 3,553 
Disposals— — — (3,783)(304)(457)(5)(4,549)
Transfer— 4,038 1,280 10,637 — 200 (16,155)— 
Exchange differences(296)(1,753)(272)(4,158)(160)(535)(840)(8,014)
At December 31, 20225,720 50,587 8,198 91,314 5,310 7,400 1,405 169,934 
Additions— — 473 521 307 314 3,034 4,649 
Disposals— — (65)(2,369)(467)(230)— (3,131)
Transfer— — 16 1,256 19 12 (1,620)(317)
Exchange differences67 437 45 781 51 (32)20 1,369 
At December 31, 20235,787 51,024 8,667 91,503 5,220 7,464 2,839 172,504 
Depreciation/Impairment
At January 1, 2022— (36,008)(4,831)(73,924)(3,675)(6,087)— (124,525)
Depreciation charge for the year— (1,069)(438)(2,434)(435)(556)— (4,932)
Impairment— — — — — — — — 
Disposals— — — 3,783 242 452 — 4,477 
Transfer— — — — — — — — 
Exchange differences— 1,482 194 3,557 88 438 — 5,759 
At December 31, 2022 (35,595)(5,075)(69,018)(3,780)(5,753) (119,221)
Depreciation charge for the year— (1,084)(496)(2,692)(379)(548) (5,199)
Impairment— — — — — —  — 
Disposals— — 65 2,310 399 228  3,002 
Transfer— — — — (19)—  (19)
Exchange differences— (355)(33)(717)(43)22  (1,126)
At December 31, 2023 (37,034)(5,539)(70,117)(3,822)(6,051) (122,563)
Net book value
At December 31, 20235,787 13,990 3,128 21,386 1,398 1,413 2,839 49,941 
At December 31, 20225,720 14,992 3,123 22,296 1,530 1,647 1,405 50,713 
At January 1, 20226,016 12,084 2,006 14,240 1,801 1,460 16,812 54,419 
15(a)    Impairment of property, plant and equipment
In 2023, 2022 and 2021 our Company recorded an impairment loss of $0, $0 and $7 on property, plant and equipment at SFO facilities. The impairment is presented within other operating expenses in consolidated income statements, other operating expenses in Note 7(b), and the impairment of property, plant and equipment of ROW, North Asia and Thailand segments in Note 5.
Our Company considers the market demand for SFO’s products and performed an impairment test on the CGU composed of property, plant and equipment used in the manufacturing of fiber optic cables at SFO. Our Company determined the recoverable amount of the CGU to be $0 based on the value in use.
15(b)    Pledge
Information about the property, plant and equipment that were pledged to others as collaterals is provided in Note 27(e) (i).