The
bank loans as of December 31, 2024 and 2025 are set out below:
SCHEDULE OF BANK LOANS
| Bank loans | |
Currency | |
Period | |
Interest rate |
| |
Carrying amount | |
| | |
| |
| |
|
| |
SGD’000 | |
| Secured floating rate bank loans | |
SGD | |
2015 - 2029 | |
SIBOR+1.25% to +1.5% |
| |
| 8,676 | |
| | |
US$ | |
2023 - 2029 | |
London Inter Bank Offer Rate +1.25% |
| |
| 118 | |
| Balance as of December 31, 2024 | |
| |
| |
|
| |
| 8,794 | |
| | |
| |
| |
|
| |
| | |
| Secured floating rate bank loans | |
SGD | |
2024 - 2029 | |
SIBOR+1.25% to +1.5% |
| |
| 3,927 | |
| | |
US$ | |
2023 - 2029 | |
London Inter Bank Offer Rate +1.25% |
| |
| 95 | |
| Balance as of December 31, 2025 | |
| |
| |
|
| |
| 4,022 | |
| Balance as of December 31, 2025(US$) | |
| |
| |
|
| |
| 3,128 | |
|