v3.25.2
Bank loan
12 Months Ended
Feb. 28, 2025
Debt Disclosure [Abstract]  
Bank loan

7 Bank loan

 

The Company has a five-year S$50,000 unsecured fixed rate bank loan which matures in June 2025. The bank loan carries interest of 2.5% per annum and was guaranteed by director. As at February 29, 2024 and February 28, 2025, the carrying amount of the bank loan was S$13,945 and S$3,442 (US$2,551), respectively.

 

The maturities schedule is as follows:

 

    Amount     Amount  
    S$     US$  
Year ending February 28,                
2026     3,442       2,551  
                 
Total     3,442       2,551  
Less: current portion     (3,442 )     (2,551 )
Long-term portion     -       -