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SHARE CAPITAL (Tables)
6 Months Ended
Jun. 30, 2022
Disclosure of classes of share capital [abstract]  
Schedule of share capital
   
Six-months
ended June 30,
2022
   
Year ended
December 31,
2021
 
 
 

Class ‘A’

Ordinary shares

   

Class ‘A’

Ordinary shares

 
In thousands of shares
           
In issue at January 1
   
96,162
     
96,162
 
Issued for cash (a)
   
47,492
     
-
 
Issued as consideration for Exchangeable Notes purchase (b)
   
21,332
     
-
 
 
               
At period end
   
164,986
     
96,162
 
 
   
Six-months
ended June 30,
2022
   
Year ended
December 31,
2021
 
 
 
ADS
   
ADS
 
In thousands of ADSs
           
Balance at January 1
   
24,041
     
24,041
 
Issued for cash
   
11,873
     
-
 
Issued as consideration for Exchangeable Notes purchase
   
5,333
     
-
 
 
               
At period end
   
41,247
     
24,041
 
 
The amounts in the tables above are inclusive of Treasury Shares. The number of Treasury Shares is as follows:
 
   
Six-months
ended June 30,
2022
   
Year ended
December 31,
2021
 
   

Class ‘A’
Treasury shares

   

Class ‘A’
Treasury shares

 
In thousands of shares
           
Balance at January 1
   
12,556
     
12,556
 
Purchased during period
   
-
     
-
 
 
               
At period end
   
12,556
     
12,556
 
 
   
Six-months
ended June 30,
2022
   
Year ended
December 31,
2021
 
 
 

ADS

Treasury shares

   

ADS

Treasury shares

 
In thousands of ADSs
           
Balance at January 1
   
3,139
     
3,139
 
Purchased during period
   
-
     
-
 
 
               
At period end
   
3,139
     
3,139
 
 
  (a)
During the six-months ended June 30, 2022, the Company issued 47,492,000 ‘A’ Ordinary shares for a consideration of US$25,707,000 settled in cash. The Company incurred US$475,000 in connection with the issues of shares. The total shares issued for cash comprises 44,759,000 ‘A’ Ordinary shares issued to the MiCo Group and 2,733,328 ‘A’ Ordinary from the exercise of employee share options. For more information on the investment by the MiCo Group, refer to Note 11.
 
  (b)
During the six-months ended June 30, 2022, the Company issued 21,332,000 ‘A’ Ordinary shares, with a market value of US$6,130,000, as consideration for the purchase of Exchangeable Notes. The Company incurred US$213,000 in connection with this issue of shares. For more information on the purchase of Exchangeable Notes, refer to Note 11.