NOTE-6
AMOUNT DUE FROM RELATED PARTIES
Amount
due from related parties consisted of the following:
SCHEDULE
OF AMOUNT DUE FROM RELATED PARTIES
| |
As of
June 30, | | |
As of
December 31, | |
| |
2024 | | |
2024 | |
| |
S$ | | |
S$ | |
Due from related parties | |
| | | |
| | |
-Team
General Construction Pte. Ltd.(1) | |
| 39,502 | | |
| - | |
-Premium-Rich
Engineering Pte. Ltd.(2) | |
| - | | |
| 30,283 | |
-Hing
Fatt Building & Materials Pte. Ltd.(3) | |
| 31,975 | | |
| 19,980 | |
Amount
due from related parties | |
| 71,477 | | |
| 50,263 | |
(1) | | 60% shares held
by our Company’s Chief Executive Officer, Mr Gao via Premium-Rich Engineering Pte. Ltd. |
(2) | | 100% shares
held by Mr Gao |
(3) | | 100% shares
held by Mr Gao |
The
amount due from related parties are unsecured, interest-free and repayable on demand.
|