Bank
borrowings consisted of the following:
SCHEDULE OF BANK BORROWINGS
| | |
| |
| | |
2025 | | |
2024 | |
| Bank indebtedness | |
Terms of repayments | |
Annual interest rate | | |
As of December 31, | |
| | |
| |
| | |
2025 | | |
2024 | |
| | |
| |
| | |
$’000 | | |
$’000 | |
| | |
| |
| | |
| | |
| |
| Term loans | |
2 to 10 years | |
| 2.00-3.75 | % | |
| 3,173 | | |
| 4,465 | |
| Bank borrowings, long term | |
2 to 10 years | |
| 2.00-3.75 | % | |
| 3,173 | | |
| 4,465 | |
| Overdraft | |
Within 12 months | |
| 4.0739 | % | |
| 114 | | |
| 12 | |
| Trust receipts | |
Within 12 months | |
| 1.65-7.25 | % | |
| 14,938 | | |
| 17,137 | |
| Revolving loan | |
Within 12 months | |
| 2.50 | % | |
| 702 | | |
| 664 | |
| | |
| |
| | | |
| | | |
| | |
| Total | |
| |
| | | |
| 18,927 | | |
| 22,278 | |
|