ACCOUNTS RECEIVABLE, NET (Tables)

12 Months Ended

Dec. 31, 2024

Credit Loss [Abstract]

SCHEDULE OF ACCOUNTS RECEIVABLE

Accounts receivable, net consisted of the following:

	As of December 31,
	2024			2023
	US$’000			US$’000
Accounts receivable – third parties		6,322			5,578
Accounts receivable – related parties		732			166
Total accounts receivable		7,054			5,744
Less: Allowance for expected credit loss		(873	)		(403	)
Accounts receivable, net		6,181			5,341
Allowance for expected credit loss movement:
Beginning of the financial year		403			284
Add: Provision for estimated credit losses		532			145
Less: Estimated credit losses no longer required		(58	)		-
(Less): Currency translation differences		(4	)		(26	)
End of the financial year		873			403