Company: CCHH
Filing Date: 2025-06-26
Form Type: DRS
Source: 0001213900-25-058036
Chunk: 178

Company: CCH Holdings Ltd
Filing Date: 2025-06-26
Form: DRS
Chunk 178
---
, 2024. Early adoption is permitted. A public entity should apply the amendments in this Update retrospectively to all prior periods presented in the financial statements. Upon transition, the segment expense categories and amounts disclosed in the prior periods should be based on the significant segment expense categories identified and disclosed in the period of adoption. The Group has adopted ASU 2023 -07for the fiscal year of 2024. The Group evaluates that the impact of adoption of this ASU and has amended disclosure to segment reporting for single reportable segment in the consolidated financial statements. Recently issued accounting pronouncements issued but not yet adopted In October 2023, the FASB issued ASU 2023 -06, Disclosure Improvements — codification amendments in response to SEC’s disclosure update and simplification initiative which amend the disclosure or presentation requirements of codification subtopic 230 -10Statement of Cash Flows — Overall, 250 -10Accounting Changes and Error Corrections — Overall, 260 -10Earnings Per Share — Overall, 270 -10Interim Reporting — Overall, 440 -10 F-20 CCH HOLDINGS LTD
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2024 (In U.S. Dollar, except for share data) 2.SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) Commitments — Overall, 470 -10Debt — Overall, 505 -10Equity — Overall, 815 -10Derivatives and Hedging — Overall, 860 -30Transfers and Servicing — Secured Borrowing and Collateral, 932 -235Extractive Activities — Oil and Gas — Notes to Financial Statements, 946 -20Financial Services — Investment Companies — Investment Company Activities, and 974 -10Real Estate — Real Estate Investment Trusts — Overall. Many of the amendments allow users to more easily compare entities subject to the SEC’s existing disclosures with those entities that were not previously subject to the SEC’s requirements. Also, the amendments align the requirements in the Codification with the SEC’s regulations. For entities subject to existing SEC disclosure requirements or those that must provide financial statements to the SEC for securities purposes without contractual transfer restrictions, the effective date aligns with the date when the SEC removes the related disclosure from Regulation S -Xor Regulation S -K. Early adoption is not allowed. For all other entities, the amendments will be effective two years later