PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2025

4	PROPERTY, PLANT AND EQUIPMENT, NET

	Freehold land			Properties			Leasehold Improvements			Construction in progress			Machineries			Furniture and fittings			Motor vehicles			Office equipment			Total
	USD			USD			USD			USD			USD			USD			USD			USD			USD
Cost:
At January 1, 2024		1,546,665			3,332,290			24,223			-			4,516,645			43,437			1,220,857			63,160			10,747,277
Additions		888,605			123,642			-			8,420			27,566			2,136			2,007			2,383			1,054,759
Transfer		-			8,420			-			(8,420	)		-			-			-			-			-
Disposals		-			-			-			-			-			-			(3,201	)		(617	)		(3,818	)
Disposal of subsidiaries		-	)		-	)		-			-	)		-	)		-	)		-	)		-	)		-	)
Exchange difference		-			-			(356	)		-			(94	)		-			(6,420	)		(1,120	)		(7,990	)
At December 31, 2024 and January 1, 2025		2,435,270			3,464,352			23,867			-			4,544,117			45,573			1,213,243			63,806			11,790,228
Additions		-			-			-			110,426			311,710			-			102,782			1,525			526,443
Reclassified as held for sale		(888,605	)		(158,033	)		-			-			-			-			-			-			(1,046,638	)
Disposals		-			-			-			-			(764,667	)		(23,967	)		(258,800	)		(3,864	)		(1,051,298	)
Disposal of subsidiaries		(1,546,665	)		(3,306,319	)		-			(110,426	)		(3,519,604	)		(21,606	)		(351,169	)		(28,461	)		(8,884,250	)
Exchange difference		-			-			542			-			191			-			12,374			2,118			15,225
At December 31, 2025		-			-			24,409			-			571,747			-			718,430			35,124			1,349,710

Accumulated depreciation:
At January 1, 2024		-			(519,149	)		(21,147	)		-			(1,836,502	)		(20,653	)		(491,362	)		(51,755	)		(2,940,568	)
Charge for the year		-			(16,940	)		(3,089	)		-			(162,400	)		(5,268	)		(220,604	)		(5,721	)		(414,022	)
Eliminated upon disposals		-			-			-			-			-			-			2,347			617			2,964
Disposal of subsidiaries		-			-			-			-			-			-			-			-			-
Reclassified as held for sale		-			-			-			-			-			-			-			-			-
Exchange difference		-			-			369			-			(39	)		-			4,509			1,059			5,898
At December 31, 2024 and January 1, 2025		-			(536,089	)		(23,867	)		-			(1,998,941	)		(25,921	)		(705,110	)		(55,800	)		(3,345,728	)
Charge for the year		-			(8,253	)		-			-			(47,840	)		(6,223	)		(82,967	)		(2,458	)		(147,741	)
Eliminated upon disposals		-			-			-			-			513,971			14,739			211,514			3,025			743,249
Disposal of subsidiaries		-			532,489			-			-			1,487,768			17,405			168,359			24,480			2,230,501
Reclassified as held for sale		-			11,853			-			-			-			-			-			-			11,853
Exchange difference		-			-			(542	)		-			(189	)		-			(9,902	)		(2,036	)		(12,669	)
At December 31, 2025		-			-			(24,409	)		-			(45,231	)		-			(418,106	)		(32,789	)		(520,535	)

Accumulated impairment:
At January 1, 2024		-			(2,575,694	)		-			-			(1,668,994	)		-			-			-			(4,244,688	)
Beginning balance		-			(2,575,694	)		-			-			(1,668,994	)		-			-			-			(4,244,688	)
Charge for the year		-			(202,663	)		-			-			(407,965	)		(4,306	)		(176,313	)		(3,739	)		(794,986	)
Disposal of subsidiaries		-			-			-			-			-			-			-			-			-
At December 31, 2024 and January 1, 2025		-			(2,778,357	)		-			-			(2,076,959	)		(4,306	)		(176,313	)		(3,739	)		(5,039,674	)
Beginning balance		-			(2,778,357	)		-			-			(2,076,959	)		(4,306	)		(176,313	)		(3,739	)		(5,039,674	)
Charge for the year		(543,035	)		-			-			-			-			-			-			-			(543,035	)
Disposal of subsidiaries		543,035			2,778,357			-			-			1,791,218			4,306			82,468			3,739			5,203,123
At December 31, 2025		-			-			-			-			(285,741	)		-			(93,845	)		-			(379,586	)
Ending balance		-			-			-			-			(285,741	)		-			(93,845	)		-			(379,586	)

Net book value:
At December 31, 2024		2,435,270			149,906			-			-			468,217			15,346			331,820			4,267			3,404,826
At December 31, 2025		-			-			-			-			240,775			-			206,479			2,335			449,589
Ending balance		-			-			-			-			240,775			-			206,479			2,335			449,589

Impairment assessment

During the reporting period and the last reporting period, certain subsidiaries operating in Peru represented Manufacturing Segment have been severely affected by unfavorable market conditions arising in the construction and home improvement sector, which indicates that the property, plant and equipment of these subsidiaries may have impaired. The directors of the Company have therefore performed an impairment assessment on the property, plant and equipment of these subsidiaries at December 31, 2025 and 2024 respectively. As a result of the impairment assessment, an impairment loss of USD543,035 was recognized in profit or loss during the reporting period (2024: USD794,986). The recoverable amount of the relevant assets has been determined on the basis of the fair value less cost of disposal, by reference to market evidence of recent transactions for similar assets.