v3.26.1
Intangible assets
6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible assets

Note 7- Intangible assets

 

Intangible assets consisted of the following:

 

  

December 31,

2025

  

June 30,

2026

 
   S$’000   S$’000 
At cost:          
Purchase software   90    90 
Less : Amortization   (17)   (26)
Total   73    64 
           
Student Portfolio   -    36 
Less : Amortization   -    (3)
Total   -    33 
           
Grand total        
Purchase software   73    64 
Student Portfolio   -    33 
Total   73    97 

 

Amortization expense for the six months ended June 30, 2025 and 2026 were approximately S$8,000 and S$12,000, respectively, recognize under general and administrative expenses.