Investment in an Associate (Tables)

12 Months Ended

Mar. 31, 2024

Investment in an Associate [Abstract]

Schedule of Investments

The Company’s investment in an associate is summarized below:

	As of March 31,
	2024
	$’000
Beginning balance		-
Cost of acquisition		257
Share of post-acquisition loss		(3	)
Ending balance		254

Schedule of Unaudited Financial Information

The following table illustrates the summarized unaudited financial information of the Company’s associate as of March 31, 2024 (and not the Company’s share of those amounts), adjusted for difference in accounting policies between the Company and the associate, if any.

	As of March 31,
	2024
	$’000
Current assets		376
Non-current assets		1
Current liabilities		(61	)
Net assets of the associate		316
Revenue		92
Loss for the year		(167	)

Schedule of Reconciliation of Financial Information Presented to Carrying Amount

Reconciliation of the summarized financial information presented to the carrying amount of the Company’s investment in the associate is as follows:

	As of March 31,
	2024
	$’000
Net assets		316
Group’s equity interest		24.9	%
Group share of net assets		79
Goodwill		175
Carrying value		254