| Schedule of Loans and Borrowings |
| | |
As of
June 30,
2026
(Unaudited) | | |
As of
December 31,
2025 | |
| | |
$ | | |
$ | |
| Current | |
| | |
| |
| Guaranteed bank loan | |
| 102,402 | | |
| 348,957 | |
| Financial institution loan | |
| 457,178 | | |
| 602,897 | |
| Recourse liability | |
| 4,378,250 | | |
| 4,423,508 | |
| | |
| 4,937,830 | | |
| 5,375,362 | |
| Lease liabilities | |
| 411,619 | | |
| 429,634 | |
| | |
| 5,349,449 | | |
| 5,804,996 | |
| | |
| | | |
| | |
| Non-current | |
| | | |
| | |
| Guaranteed bank loan | |
| 367,687 | | |
| 562,260 | |
| Financial institution loan | |
| - | | |
| 65,266 | |
| Warrants liabilities at FVTPL | |
| 17,733 | | |
| 1,213,340 | |
| Lease liabilities | |
| 928,611 | | |
| 1,099,767 | |
| | |
| 1,314,031 | | |
| 2,940,633 | |
| Total loans and borrowings | |
| 6,663,480 | | |
| 8,745,629 | |
|
| Schedule of Terms and Debt Repayment |
Terms and debt repayment schedule | | | Currency | | Principal
amount | | | Year of
origination | | | Nominal
interest
rate %
per annum | | | Year of
maturity | | | June 30,
2026
(Unaudited) | | 2025 | | | | | | | | | | | | | | | | | | | $ | | $ | | | Guaranteed bank loan | | SGD | | | 300,000 | | | 2023 | | | | 7.75 | % | | 2026 | | | - | | | 35,911 | | | Guaranteed bank loan | | SGD | | | 300,000 | | | 2023 | | | | 8.80 | % | | 2026 | | | 7,294 | | | 50,376 | | | Financial institution loan | | SGD | | | 162,500 | | | 2025 | | | | 21.00 | % | | 2026 | | | - | | | 22,641 | | | Financial institution loan | | SGD | | | 100,000 | | | 2025 | | | | 59.23 | % | | 2026 | | | 9,493 | | | 53,801 | | | Financial institution loan | | SGD | | | 150,000 | | | 2025 | | | | 36.00 | % | | 2026 | | | - | | | 21,890 | | | Financial institution loan | | SGD | | | 200,000 | | | 2025 | | | | 36.00 | % | | 2026 | | | - | | | 77,876 | | | Financial institution loan | | SGD | | | 200,000 | | | 2025 | | | | 24.06 | % | | 2026 | | | - | | | 131,875 | | | Guaranteed bank loan | | SGD | | | 400,000 | | | 2026 | | | | 8.19 | % | | 2030 | | | 283,503 | | | 311,502 | | | Financial institution loan | | SGD | | | 150,000 | | | 2026 | | | | 37.12 | % | | 2026 | | | 41,008 | | | - | | | Financial institution loan | | SGD | | | 250,000 | | | 2026 | | | | 33.14 | % | | 2027 | | | 51,248 | | | - | | | Financial institution loan | | SGD | | | 97,000 | | | 2026 | | | | 24.00 | % | | 2027 | | | 53,288 | | | - | | | Financial institution loan | | SGD | | | 53,000 | | | 2026 | | | | 24.00 | % | | 2027 | | | 29,116 | | | - | | | Guaranteed bank loan | | SGD | | | 50,000 | | | 2023 | | | | 8.25 | % | | 2028 | | | 16,719 | | | 20,832 | | | Guaranteed bank loan | | SGD | | | 100,000 | | | 2023 | | | | 8.28 | % | | 2028 | | | 32,119 | | | 40,389 | | | Guaranteed bank loan | | SGD | | | 50,000 | | | 2023 | | | | 10.38 | % | | 2026 | | | - | | | 6,173 | | | Financial institution loan | | SGD | | | 150,000 | | | 2025 | | | | 10.50 | % | | 2026 | | | - | | | 20,901 | | | Financial institution loan | | SGD | | | 120,000 | | | 2026 | | | | 11.10 | % | | 2026 | | | 32,805 | | | - | | | Financial institution loan | | SGD | | | 165,000 | | | 2026 | | | | 42.37 | % | | 2026 | | | 33,833 | | | - | | | Financial institution loan | | SGD | | | 100,000 | | | 2026 | | | | 24.00 | % | | 2027 | | | 51,508 | | | - | | | Guaranteed bank loan | | SGD | | | 1,000,000 | | | 2022 | | | | 5.25 | % | | 2027 | | | - | | | 321,121 | | | Financial institution loan | | SGD | | | 150,000 | | | 2025 | | | | 8.25 | % | | 2027 | | | 70,823 | | | 196,299 | | | Financial institution loan | | SGD | | | 110,000 | | | 2026 | | | | 12.25 | % | | 2026 | | | 13,233 | | | - | | | Financial institution loan | | SGD | | | 80,000 | | | 2025 | | | | 20.80 | % | | 2026 | | | - | | | 32,499 | | | Financial institution loan | | SGD | | | 150,000 | | | 2025 | | | | 14.36 | % | | 2027 | | | 70,823 | | | 110,381 | | | Guaranteed bank loan | | SGD | | | 70,000 | | | 2021 | | | | 2.50 | % | | 2026 | | | - | | | 2,863 | | | Guaranteed bank loan | | SGD | | | 178,812 | | | 2021 | | | | 2.70 | % | | NA | | | 130,454 | | | 122,050 | | | Recourse liability | | SGD | | | N/A | | | N/A | | | | 7.0%-7.7% | | | N/A | | | 4,378,250 | | | 4,423,508 | | | Lease liabilities | | Multiple | | | N/A | | | 2022-2026 | | | | 2.90% to 10.80% | | | 2026-2031 | | | 1,340,230 | | | 1,529,401 | | | | | | | | | | | | | | | | | | | | | 6,645,747 | | | 7,532,289 | |
|