LEASE LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2021

Disclosure of finance lease liabilities [Abstract]

Schedule of Carrying Values of Finance Lease Liabilities

	December 31, 2021 US$’000		December 31, 2020 US$’000
Current liabilities
Lease liabilities related to Right of Use assets		1,878		2,054
Sale and leaseback liabilities		102		99
		1,980		2,153
Non-Current liabilities
Lease liabilities related to Right of Use assets		13,790		16,407
Sale and leaseback liabilities		75		181
		13,865		16,588

Schedule of Finance Lease Liabilities Payable

	December 31, 2021 US$’000						December 31, 2021 US$’000
	Lease liabilities related to Right of Use assets						Sale and leaseback Liabilities
	Minimum lease payments		Interest		Principal		Minimum lease payments		Interest		Principal
Less than one year		2,575		697		1,878		109		7		102
In more than one year, but not more than two		2,175		621		1,554		77		2		75
In more than two years but not more than five		5,985		1,469		4,516		-		-		-
more than five years		8,992		1,272		7,720		-		-		-
		19,727		4,059		15,668		186		9		177

	December 31, 2020 US$’000						December 31, 2020 US$’000
	Lease liabilities related to Right of Use assets						Sale and leaseback liabilities
	Minimum lease payments		Interest		Principal		Minimum lease payments		Interest		Principal
Less than one year		2,877		823		2,054		111		12		99
In more than one year, but not more than two		2,644		730		1,914		111		7		104
In more than two years but not more than five		6,621		1,765		4,856		79		2		77
more than five years		11,389		1,752		9,637		-		-		-
		23,531		5,070		18,461		301		21		280

Schedule of Outstanding Interest Bearing Loans and Borrowings

The terms and conditions of outstanding interest bearing loans and borrowings at December 31, 2021 are as follows:

Facility	Currency	Nominal interest rate			Year of maturity		Fair Value		Carrying Value
Sale and leaseback liabilities	Euro		4.53	%		2023		65		65
Sale and leaseback liabilities	USD		5.51	%		2023		111		111
Total interest-bearing loans and borrowings								176		176

The terms and conditions of outstanding interest bearing loans and borrowings at December 31, 2020 are as follows:

Facility	Currency	Nominal interest rate			Year of maturity		Fair Value		Carrying Value
Sale and leaseback liabilities	Euro		4.53	%		2023		106		106
Sale and leaseback liabilities	USD		5.51	%		2023		174		174
Total interest-bearing loans and borrowings								280		280