SHARE OPTIONS (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of share options [Abstract]

Schedule of Grants of Share Options and Warrants

	Options and warrants			Weighted- average exercise price US$		Range US$
	‘A’ Ordinary Shares			Per ‘A’ Ordinary Share		Per ‘A’ Ordinary Share
Outstanding January 1, 2019		10,908,200			1.83		0.67 –4.36
Granted		4,370,000			0.68		0.46 –0.78
Exercised		-			-		-
Expired / Forfeited		(2,974,210	)		2.25		0.66 –4.23

Outstanding at end of year		12,303,990			1.31		0.46 –4.36

Exercisable at end of year		6,622,667			1.73		1.24 –4.36

Outstanding January 1, 2020		12,303,990			1.31		0.46 –4.36
Granted		9,100,000			0.38		0.19 –1.10
Exercised		-			-		-
Expired / Forfeited		(1,918,000	)		2.14		0.19-4.21

Outstanding at end of year		19,485,990			0.79		0.19-4.36

Exercisable at end of year		7,959,323			1.27		0.66-4.36

Outstanding January 1, 2021		19,485,990			0.79		0.19-4.36
Granted		-			-		-
Exercised		-			-		-
Expired / Forfeited		(758,000	)		1.07		0.19-4.21

Outstanding at end of year		18,727,990			0.78		0.19-4.36

Exercisable at end of year		13,401,322			0.93		0.19-4.36

	Options and warrants			Weighted- average exercise price US$		Range US$
	‘ADS’ Equivalent			Per ‘ADS’		Per ‘ADS’
Outstanding January 1, 2019		2,727,050			7.32		2.68 - 17.44
Granted		1,092,500			2.72		1.83 – 3.10
Exercised		-			-		-
Expired / Forfeited		(743,552	)		8.99		2.64 – 16.92

Outstanding at end of year		3,075,998			5.24		1.83–17.45

Exercisable at end of year		1,655,667			6.92		4.95 –17.45

Outstanding January 1, 2020		3,075,998			5.24		1.83–17.45
Granted		2,275,000			1.52		0.77 - 4.41
Exercised		-			-		-
Expired / Forfeited		(479,500	)		8.56		0.77 - 16.84

Outstanding at end of year		4,871,498			3.15		0.77 - 17.45

Exercisable at end of year		1,989,831			5.08		2.64 –17.45

Outstanding January 1, 2021		4,871,498			3.15		0.77 - 17.45
Granted		-			-		-
Exercised		-			-		-
Expired / Forfeited		(189,500	)		4.28		0.76 - 16.84

Outstanding at end of year		4,681,998			3.12		0.76-17.44

Exercisable at end of year		3,350,331			3.72		0.76-17.44

Schedule of Range of Prices of Stock Options

	Outstanding						Exercisable
Exercise price range	No. of options ‘A’ ordinary shares		Weighted– average exercise price		Weighted- average contractual life remaining (years)		No. of options ‘A’ ordinary shares		Weighted– average exercise price		Weighted- average contractual life remaining (years)
US$0.19-US$0.99		13,000,006		0.48		3.54		7,960,004		0.55		2.92
US$1.00-US$2.05		5,228,000		1.34		0.79		4,941,334		1.35		0.99
US$2.06- US$2.99		439,984		2.53		0.03		439,984		2.53		0.04
US$3.00 -US$4.36		60,000		4.17		0.00		60,000		4.17		0.00

		18,727,990						13,401,322

	Outstanding						Exercisable
Exercise price range	No. of options ‘ADS equivalent’		Weighted– average exercise price		Weighted- average contractual life remaining (years)		No. of options ‘ADS equivalent’		Weighted– average exercise price		Weighted- average contractual life remaining (years)
US$0.77-US$3.96		3,250,002		1.94		3.54		1,990,001		2.19		2.92
US$4.00-US$8.20		1,307,000		5.36		0.79		1,235,334		5.40		0.99
US$8.24- US$11.96		109,996		10.13		0.03		109,996		10.13		0.04
US$12.00 -US$17.45		15,000		16.67		0.00		15,000		16.67		0.00

		4,681,998						3,350,331

A summary of the range of prices for the Company’s stock options for the year ended December 31, 2020 follows:

	Outstanding						Exercisable
Exercise price range	No. of options ‘A’ ordinary shares		Weighted– average exercise price		Weighted- average contractual life remaining (years)		No. of options ‘A’ ordinary shares		Weighted– average exercise price		Weighted- average contractual life remaining (years)
US$0.19-US$0.99		13,260,006		0.48		4.14		2,106,673		0.69		1.44
US$1.00-US$2.05		5,664,000		1.34		1.11		5,290,667		1.35		2.44
US$2.06- US$2.99		499,984		2.52		0.05		499,984		2.52		0.13
US$3.00 -US$4.36		62,000		4.17		0.00		62,000		4.17		0.01

		19,485,990						7,959,324

	Outstanding						Exercisable
Exercise price range	No. of options ‘ADS equivalent’		Weighted– average exercise price		Weighted- average contractual life remaining (years)		No. of options ‘ADS equivalent’		Weighted– average exercise price		Weighted- average contractual life remaining (years)
US$0.77-US$3.96		3,315,002		1.92		4.17		526,668		2.76		1.44
US$4.00-US$8.20		1,416,000		5.36		1.10		1,322,667		5.40		2.44
US$8.24- US$11.96		124,996		10.08		0.05		124,996		10.08		0.13
US$12.00 -US$17.45		15,500		16.68		0.00		15,500		16.68		0.01

		4,871,498						1,989,831

Schedule of Fair Value of the Options Vesting Period

	December 31, 2021 US$‘000		December 31, 2020 US$‘000		December 31, 2019 US$‘000
Share-based payments – cost of sales		5		12		26
Share-based payments – selling, general and administrative		1,095		780		732

Total – continuing operations		1,100		792		758
Share-based payments – discontinued operations		-		-		-

Total		1,100		792		758

Schedule of Assumption Determining Fair Value of Share Options

Key
management
personnel

Other
employees

Key
management
personnel

Other
employees

Key
management
personnel

Other
employees

2021

2020

2019

Weighted average fair value at measurement date per ‘A’ share / (per ADS)

- /

US$0.20 /

(US$0.80)

US$0.27 /

(US$1.08)

US$0.14 /

(US$0.56)

US$0.25 /

(US$1.02)

Total ‘A’ share options granted / (ADS’s equivalent)

- /

8,480,000 /

(2,120,000)

620,000 /

(155,000)

4,060,000 /

(1,015,000)

310,000 /

(77,500)

Weighted average share price per ‘A’ share / (per ADS)

- /

US$0.38 /

(US$1.52)

US$0.48 /

(US$1.96)

US$0.46 /
(US$1.84)

US$0.64 /
(US$2.53)

Weighted average exercise price per ‘A’ share / (per ADS)

- /

US$0.38 /

(US$1.52)

US$0.48 /

(US$1.96)

US$0.69 /
(US$2.74)

US$0.64 /
(US$2.53)

Weighted average expected volatility

66.98%

65.89%

51.18%

47.31%

Weighted average expected life

4.34

4.35

4.15

4.42

Weighted average risk free interest rate

0.44%

0.42%

1.84%

2.23%