SCHEDULE
OF TRANSACTIONS WITH RELATED PARTIES
| Nature
of transactions | |
2023 | | |
2024 | |
| | |
Year
ended December 31, | |
| Nature
of transactions | |
2023 | | |
2024 | |
| | |
S$’000 | | |
S$’000 | |
| Ten-League Corporations
Pte. Ltd.(1) | |
| | | |
| | |
| - Management fee charged | (1) |
| 2,471 | | |
| 1,358 | |
| - Purchase of plant and equipment | (1) |
| 884 | | |
| 10 | |
| - Purchase of spare parts | (1) |
| 708 | | |
| 877 | |
| - Purchase of motor vehicles | (1) |
| 88 | | |
| - | |
| -Expenses paid on behalf | (1) |
| - | | |
| 3 | |
| -Services rendered | (1) |
| - | | |
| 2 | |
| - Lease payments in respect of: | |
| | | |
| | |
| Plant and equipment | (1) |
| 131 | | |
| - | |
| Factory premises | (1) |
| 480 | | |
| 1,096 | |
| - Lease payments | (1) |
| 480 | | |
| 1,096 | |
| | |
| | | |
| | |
| Ten-League Green Energy
Pte. Ltd.(2) | |
| | | |
| | |
| - Subcontract costs | (2) |
| 373 | | |
| 203 | |
These
related parties are controlled by the common shareholders of the Company.
| (1) |
-
Ultimate holding company |
| (2) |
-
75%
held by Ten-League Corporations Pte Ltd |
|