XML 43 R24.htm IDEA: XBRL DOCUMENT v3.20.2
Long-term Debt
 12 Months Ended
Dec. 31, 2019
Long-term Debt, Unclassified [Abstract]  
Long-term Debt
    December 31,     December 31,  
    2019     2018  
     $’000      $’000  
Loan to related party secured by a letter of guarantee from the Company, at 5% interest per annum, due 2021 (note 21)   $ 7,908     $ -  
                 
Loan to related party secured by assets of the Company payable 5.75% interest per annum, due 2022     512       711  
                 
Acquired in reverse acquisition. Unsecured loan payable to related party at 8% interest per annum, due 2022 (note 21 and 26)     990       -  
                 
Acquired in reverse acquisition. Unsecured loan payable to related party at 8% interest per annum, due 2021 (note 21 and 26)     826       -  
                 
Acquired in reverse acquisition. Unsecured loan payable to related party at 7% interest per annum, due 2021 (note 21 and 26)     1,038       -  
                 
Accrued interest on debt     946       -  
    $ 12,220     $ 711  
Less current portion     (200 )     (37 )
    $ 12,020     $ 674  

 

Principal payments on long-term debts are due as followed:

 

Year ending December 31,
2020 200
2021 9,546
2022 2,474