Prepayments comprise of prepaid operating expenses and expected to be amortized on a straight-line basis in the Statement of Operations and Comprehensive Income within the next 12 months.

As of March 31, 2026, prepayments primarily comprised prepaid business development consultancy service fees of S$1,403,172 (US$1,088,300) paid to external consultants for services related to the Company’s business expansion, strategic partnership development, and investor outreach activities.

As of March 31, 2025 and 2026, management believes that the Company’s other current assets are realizable and not impaired.