| DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES |
NOTE
– 8 DEPOSITS, PREPAYMENTS AND OTHER RECEIVABLES
SCHEDULE
OF DEPOSITS PREPAYMENTS AND OTHER RECEIVABLES
| | |
As of
June 30, | | |
As of
December 31, | |
| | |
2024 | | |
2024 | |
| | |
S$ | | |
S$ | |
| Prepayment
(1) | |
| 3,134 | | |
| 4,072,683 | |
| Security
deposit (2) | |
| 830,220 | | |
| 922,920 | |
| Staff loan | |
| 1,118 | | |
| 1,118 | |
| Other receivables | |
| 6,540 | | |
| 90,962 | |
| Deposits,
prepayments and other receivables | |
| 841,012 | | |
| 5,087,683 | |
| (1) | | This
amount includes (i) prepayment paid to consultants for the business advisory services in relation to post IPO business development. (December
31, 2024: S$3,386,043; June 30, 2024: nil) (ii) Advance to a third party. (December 31, 2024: S$681,437; June 30, 2024: nil) |
| (2) | | This
amount includes a security deposit paid to a related party, LRS- Premium Pte. Ltd., for the security deposit paid for the rental of Central
Kitchen and rental of equipment. (December 31, 2024: S$778,000; June 30, 2024: S$778,000) |
|