Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2018

Fair value measurement [abstract]

Schedule of fair value measurement hierarchy for liabilities

Level 2	Date of valuation		US$’000
Unsecured term loans		31 December 2017		11,041
Unsecured term loans		31 December 2018		10,765

Level 3	Date of valuation		US$’000
Convertible preference shares		31 December 2017		56,854
Convertible preference shares		31 December 2018		–

Schedule of fair value measurements using significant unobservable inputs (Level 3)

Description	Valuation techniques	Unobservable inputs	Weighted average	Sensitivity of the input to fair value
31 December 2017
Convertible preference shares	Hybrid method comprising of: ● Probability Weighted Expected Return Method ● Option Pricing Method ● Discounted Cash Flow Method and ● Market Method	● Time to IPO ● Time to non-IPO liquidity event ● IPO price ● WACC	● Time to IPO is 0.66 year ● Time to non-IPO liquidity event is 1 year ● IPO price of US$5.62 ● WACC of 15.3%	The estimated fair value would decrease by 5% if: ● Time to IPO was higher by 0.34 year ● Time to non-IPO liquidity event was higher by 30 years The estimated fair value would increase/ (decrease) by 5% if ● IPO price was higher/(lower) by US$0.33 ● WACC was lower/(higher) by 9.62%/11.18%