Reserves

12 Months Ended

Dec. 31, 2023

Reserves [Abstract]

RESERVES

28. RESERVES

The amounts of the Group’s reserves and the movements therein for the current and prior years are presented in the consolidated statement of changes in equity on pages F-5 and F-6 of the financial statements.

The capital, warrant and other reserves mainly represented certain adjustments to equity arising from group reorganizations, and outstanding Class A Warrants classified as equity measured at fair value upon initial recognition and not subsequently remeasured. 

As at December 31, 2023, Class A Warrants with a carrying amount of approximately US$3,118,496 were held by a shareholder with significant influence over the Company and key management personnel of the Company.