SCHEDULE OF MOVEMENT IN CONTRACT LIABILITIES (Details) $ in Thousands, $ in Thousands |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2025
USD ($)
|
Dec. 31, 2025
SGD ($)
|
Dec. 31, 2024
SGD ($)
|
|
| Contract Liabilities | |||
| As of January 1, | $ 5,179 | $ 6,660 | $ 6,960 |
| Decrease in contract liabilities as a result of recognizing revenue during the year that was included in the contract liabilities at the beginning of the year | (5,149) | (6,621) | (4,609) |
| ncrease in contract liabilities as a result of receiving forward sales deposits and instalments during the year in respect of machines still under production | 4,492 | 5,776 | 4,309 |
| As of December 31, | $ 4,522 | $ 5,815 | $ 6,660 |