RELATED PARTY BALANCES AND TRANSACTIONS (Tables)

12 Months Ended

May 31, 2026

Related Party Transactions [Abstract]

SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES

Amounts due to related parties consisted of the following:

		As of May 31,
		2026				2025
		$’000				$’000
Due to related parties*
- Inneova Engineering Pte Ltd⁽¹⁾			4				-
- KDS Steel Pte. Ltd⁽²⁾			-				3

			4				3

(1)	Inneova Engineering Pte Ltd is a company incorporated in Singapore and owned 25% by Mr. Neo Chin Heng, who also owns 50% of E U Holdings, a 41.5% shareholder of the Company.
(2)	KDS Steel Pte Ltd is a company incorporated in Singapore and previously owned by E U Holdings Pte. Ltd. E U Holdings Pte. Ltd. divested KDS Steel Pte Ltd to a 3^rd party company on July 22, 2025.

*

The amounts are unsecured, interest-free and payable on demand.

SCHEDULE OF RELATED PARTY TRANSACTIONS

SCHEDULE OF RELATED PARTY TRANSACTIONS

		For the Financial Years Ended May 31,
		2026				2025				2024
		$’000				$’000				$’000

Nature of transactions

KDS Steel Pte Ltd⁽¹⁾
- Logistics services			52				1,209				802
- Utilities			6				69				71

E U Holdings Pte. Ltd.⁽²⁾
- Management fees			-				90				267
- Professional fees			-				664				-

INNEOVA Industrial Pte Ltd⁽³⁾
- Sales			-				1				1
- Upkeep of machinery			11				-				-*
- Upkeep of motor vehicles			-				-				-*

*	The figures are insignificant.

These related parties are controlled by the common shareholders of the Company.

(1)	KDS Steel Pte Ltd was previously owned by E U Holdings Pte Ltd and was divested to a 3^rd party company by E U Holdings Pte Ltd on July 22, 2025.
(2)	E U Holdings Pte. Ltd. is a 41.5% shareholder of JBDI Holdings Limited and is owned 50% by Mr. Neo Chin Heng and 50% by Mr. Ng Eng Guan.
(3)	INNEOVA Industrial Pte Ltd (f.k.a Filtec Private Limited) is a company incorporated in Singapore and indirectly owned by Soon Aik Global Pte Ltd. Soon Aik Global Pte Ltd is a company incorporated in Singapore and owned 25% by Mr. Neo Chin Heng.