v3.26.1
PROPERTY AND EQUIPMENT, NET
 12 Months Ended
May 31, 2026
Property, Plant, and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 6 － PROPERTY AND EQUIPMENT, NET

 

Property and equipment consisted of the following:

  

   2026   2025 
   As of May 31, 
   2026   2025 
   $’000   $’000 
At cost:          
Factory and office equipment   48    40 
Factory improvement   760    745 
Leasehold factory premises   587    581 
Furniture & fittings   22    22 
Machinery and equipment   1,208    1,724 
Motor vehicles and forklifts   983    974 
Renovation   105    104 
           
Property and equipment, gross   3,713    4,190 
Less: accumulated depreciation   (3,264)   (3,261)
Less: provision for impairment   -    (226)
           
Property and equipment, net   449    703 

 

Depreciation expense for the financial years ended May 31, 2026 and 2025 was approximately $0.3 million and approximately $0.3 million, respectively.

 

Provision for impairment of property and equipment as of May 31, 2026 and 2025 was nil and approximately $0.2 million, respectively.