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PROVISIONS (Tables)
12 Months Ended
Dec. 31, 2025
Provisions [Abstract]  
Schedule of Provisions

 

December 31, 2025

 

December 31, 2024

 

US$‘000

 

US$‘000

Product warranty provision

50

 

50

Legal & regulatory provision

-

 

735

Disposal-related warranty settlement provision

-

 

150

Transformation provision

1,076

 

1,594

 

1,126

 

2,529

 

 

 

 

Current

345

 

2,454

Non-current

781

 

75

Schedule of reconciliation of changes in provisions

 

December 31, 2025

 

December 31, 2024

 

US$‘000

 

US$‘000

Opening provision at January 1

2,529

 

50

Charged during the year

328

 

2,479

Utilised during the year

(1,316)

 

-

Released during the year

(415)

 

 

Closing provision at December 31

1,126

 

2,529