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(LOSS)/PROFIT FOR THE YEAR ON DISCONTINUED OPERATIONS (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of loss on discontinued operations [Abstract]  
Schedule of Operating Profit For The Discontinued Operations

 

December 31, 2025

 

December 31, 2024

 

December 31, 2023

 

US$‘000

 

US$‘000

 

US$‘000

Revenue

-

 

-

 

2,784

Operating expenses

-

 

-

 

(2,652)

Tax expense (Note 7)

-

 

-

 

-

 

 

 

 

 

 

Profit from operating activities

-

 

-

 

132

 

 

 

 

 

 

(Loss)/Gain on sale of discontinued operations

-

 

(573)

 

12,718

 

 

 

 

 

 

(Loss)/Profit for the year from discontinued operations

-

 

(573)

 

12,850

Schedule of Net Cashflows Generated From Discontinued Operations

 

December 31, 2025

 

December 31, 2024

 

December 31, 2023

 

US$‘000

 

US$‘000

 

US$‘000

Cash received from sale of the discontinued operations net of transaction costs

-

 

-

 

28,935

Cash sold as a part of discontinued operations

-

 

-

 

(775)

Net cash inflow on date of disposal

-

 

-

 

28,160

Schedule of Assets and Liabilities Disposed

 

Net assets disposed in 2023

 

Post disposal adjustment in 2024

 

Net assets disposed/adjusted as on 31 December 2024

 

US$‘000

 

US$‘000

 

US$‘000

 

 

 

 

 

 

Property plant & equipment

103

 

-

 

103

Goodwill and intangible assets

14,123

 

-

 

14,123

Inventory

1,160

 

-

 

1,160

Cash

775

 

-

 

775

Trade and other receivables

1,309

 

(423)

 

886

Trade and other payables

(864)

 

(150)

 

(1,014)

Lease liabilities

(106)

 

-

 

(106)

Current corporation tax

(2)

 

-

 

(2)

Deferred tax liability

(195)

 

-

 

(195)

Total net assets disposed

16,303

 

(573)

 

15,730

Schedule of Earnings Per ADS for Discontinued Operations

 

December 31, 2025

 

December 31, 2024

 

December 31, 2023

Basic (loss)/earnings per ‘A’ share (US Dollars) – discontinued operations

-

 

(0.00)

 

0.08

Diluted (loss)/earnings per ‘A’ share (US Dollars) – discontinued operations

-

 

(0.00)

 

0.07

 

December 31, 2025

 

December 31, 2024

 

December 31, 2023

Basic (loss)/earnings per ADS (US Dollars) – discontinued operations

-

 

(0.03)

 

1.68

Diluted (loss)/earnings per ADS (US Dollars) – discontinued operations

-

 

(0.03)

 

1.44

Schedule of Cash Flows Attributable to Discontinued Operations

 

December 31, 2025

 

December 31, 2024

 

December 31, 2023

 

US$‘000

 

US$‘000

 

US$‘000

Cash (outflow) from operating activities

-

 

-

 

(177)

Cash inflow from investing activities

-

 

-

 

28,160

Cash outflow from financing activities

-

 

-

 

-