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Related Party Transactions
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Related Party Transactions [Abstract]    
RELATED PARTY TRANSACTIONS
12.RELATED PARTY TRANSACTIONS

 

In addition to the transactions, arrangements and balances detailed elsewhere in these financial statements, the Group had the following transactions with companies controlled by a shareholder with significant influence over the Company and key management personnel on agreed terms between the relevant parties during the six months ended June 30, 2024 and 2023:

 

   For the six months ended
June 30,
 
   2024   2023 
   (Unaudited)   (Unaudited) 
   US$   US$ 
Finance costs on loan notes        
- Key management personnel   
-
    34,851 
- Companies controlled by a shareholder with significant influence over the Company   
-
    2,631,804 
           
Revenue earned from companies controlled by a shareholder with significant influence over the Company          
- Internet leads generation and marketing service income   92,012    112,768 
- Insurance commission income   637,629    141,839 
- Marketing income   26,054    11,222 
           
Purchase from a company controlled by a shareholder with significant influence over the Company   664,153    
-
 
30.RELATED PARTY TRANSACTIONS

 

In addition to the transactions, arrangements and balances detailed elsewhere in these financial statements, the Group had the following transactions with companies controlled by a shareholder with significant influence over the Company and key management personnel on agreed terms between the relevant parties during the years ended December 31, 2023, 2022 and 2021:

 

   2023   2022   2021 
   US$   US$   US$ 
Finance costs on bridge loan               
-    Key management personnel   
-
    97,428    36,036 
-    A company controlled by a shareholder with significant influence over the Company   
-
    487,140    180,180 
Finance costs on convertible loans               
-     Key management personnel   
-
    77,403    
-
 
-    Companies controlled by a shareholder with significant influence over the Company   
-
    1,679,203    715,029 
Finance costs on loan notes               
-     Key management personnel   152,468    1,590    
-
 
-     Companies controlled by a shareholder with significant influence over the Company   15,013,576    744,727    
-
 
Revenue earned from companies controlled by a shareholder with significant influence over the Company               
-     Internet leads generation and marketing service income   161,451    197,835    100,633 
-     Insurance commission income   695,088    93,593    3,100 
-     Marketing income   25,161    32,398    3,721 
Equity-settled transactions included in general, administrative and other operating expenses (note 26)   
-
    882,115    
-