v3.25.2
PLANT AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PLANT AND EQUIPMENT, NET

NOTE－7 PLANT AND EQUIPMENT, NET

 

Plant and equipment consisted of the following:

 

   As of
Dec 31, 2023		   As of
Dec 31, 2024		 
   S$’000   S$’000 
At cost:          
Office equipment   25    43 
Machinery and equipment   33,132    37,185 
Motor vehicles   892    891 
Property and equipment, gross   34,049    38,119 
Less: Accumulated depreciation   (6,239)   (7,886)
Plant and equipment, net   27,810    30,233 

 

Depreciation expense for the year ended December 31, 2024 and 2023 were S$4.2 million and S$3.7 million, respectively.