Prepayments, Deposits and Other Receivables

12 Months Ended

Dec. 31, 2023

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Prepayments, Deposits and Other Receivables

12. PREPAYMENTS, DEPOSITS AND OTHER RECEIVABLES

	As of December 31,
	2021		2022			2023
	US$		US$			US$
Consideration receivables on disposal of investments to independent third parties		—		46,408			—
Consideration receivable on disposal of subsidiaries to independent third parties (Note 5 C)		—		44,885			10,000
Receivables from former subsidiaries		—		24,020			—
Prepayments		2,658		1,814			2,661
Deposits		66		115			337
Other receivables		87		7,482			3,939
Less: impairment loss provided under expected credit loss model		—		(501	)		(501	)
		2,811		124,223			16,436

The expected credit loss was assessed with reference to the credit status of the debtors, and the expected credit loss as of December 31, 2021, 2022 and 2023 are nil, US$501 and US$501, respectively.

None of the above assets is past due or credit-impaired. The consideration receivables on disposal of investments and subsidiaries and receivables from former subsidiaries are subsequently fully settled as of the date of these financial statements. The other financial assets included in the above balances relate to receivables for which there was no recent history of default.