DEFERRED TAX ASSETS AND LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2023

Disclosure Of Deferred Tax Assets And Liabilities [Abstract]

Schedule of Deferred Tax Assets and Liabilities

	Assets				Liabilities						Net
	2023 US$’000		2022 US$’000		2023 US$’000			2022 US$’000			2023 US$’000			2022 US$’000
Property, plant and equipment		168		229		-			(5	)		168			224
Intangible assets		-		-		(931	)		(3,950	)		(931	)		(3,950	)
Inventories		105		423		-			-			105			423
Provisions		558		2,194		-			-			558			2,194
Tax value of loss carry-forwards		1,030		1,254		-			-			1,030			1,254
Other items		114		118		(1,369	)		(1,103	)		(1,255	)		(985	)
Deferred tax assets/(liabilities)		1,975		4,218		(2,300	)		(5,058	)		(325	)		(840	)

Schedule of Unrecognised Deferred Tax Liabilities

	Balance January 1, 2023			Recognised in income			Recognised in discontinued operations		Balance December 31, 2023
	US$’000			US$’000			US$’000		US$’000
Property, plant and equipment		224			(56	)		-		168
Intangible assets		(3,950	)		2,827			192		(931	)
Inventories		423			(318	)		-		105
Provisions		2,194			(1,636	)		-		558
Tax value of loss carry-forwards		1,254			(224	)		-		1,030
Other items		(985	)		(270	)		-		(1,255	)
		(840	)		323			192		(325	)

	Balance January 1, 2022			Recognised in income			Recognised in discontinued operations		Balance  December 31, 2022
	US$’000			US$’000			US$’000		US$’000
Property, plant and equipment		466			(242	)		-		224
Intangible assets		(3,969	)		16			3		(3,950	)
Inventories		620			(197	)		-		423
Provisions		1,871			323			-		2,194
Tax value of loss carry-forwards		1,016			238			-		1,254
Other items		(761	)		(224	)		-		(985	)
		(757	)		(86	)		3		(840	)

Schedule of Deferred Tax Assets Not Recognised

	December 31, 2023		December 31, 2022
	US$’000		US$’000
Capital losses		8,293		8,293
Net operating losses		136,202		75,957
US alternative minimum tax credits		1,790		1,906
Other temporary timing differences		57,986		38,960
US state credit carryforwards		4,015		2,753
		208,286		127,869