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Loan from Shareholders
12 Months Ended
Dec. 31, 2018
Loan from Shareholders [Abstract]  
Loan from shareholders

22Loan from shareholders

 

   Note  31/12/2017   31/12/2018 
      US$’000   US$’000 
            
Shareholder 1  i)       10,215 
Shareholder 2  ii)       4,973 
           15,188 

 

The loan from shareholders is part of the backstop agreement as further described in Note 38.

 

i)Shareholders loan 1 is originally repayable on 19 March 2019. The repayment period has been extended to 17 June 2019 via a signed amended addendum to the backstop agreement.

 

ii)Shareholders loan 2 is originally repayable on 19 March 2019. The repayment period has been extended to 3 May 2019 with a further option to extend to 2 June 2019 subject to Shareholder 2’s approval via a signed amended addendum to the backstop agreement.

 

The shareholders were guaranteed a 10% return limited by the value of the Escrow account which was presented as the marketable securities held in trust account (Note 9).