v3.25.2
DEFERRED TAX LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2024
Deferred Tax Liabilities  
SCHEDULE OF DEFERRED TAX LIABILITIES

 

   As of
Dec 31, 2023		   As of
Dec 31, 2024		 
   S$’000   S$’000 
         
Opening   861    1,586 
Addition during the year   725    431 
Closing   1,586    2,017 
SCHEDULE OF DEFERRED INCOME TAX LIABILITY

The temporary differences which give rises to the deferred income tax liability are as follows:

 

   As of
Dec 31, 2023		   As of
Dec 31, 2024		 
   S$’000   S$’000 
         
Net book value of fixed assets   27,810    30,233 
Net book value of ROUA   8    1,199 
Less: Lease liabilities (ROUA)   (7)   (1,221)
Less: Net book value of non-qualifying assets   (95)   (27)
Deferred tax liability gross   27,716    30,184 
Less: Tax written down value   (18,385)   (18,309)
Timing difference   9,331    11,875 
           
Deferred tax liability @ 17%   1,586    2,017