v3.26.3
BANK LOANS
 6 Months Ended
Jun. 30, 2026
Debt Disclosure [Abstract]  
BANK LOANS

8. BANK LOANS

 

The bank loans as of December 31, 2025 and June 30, 2026 are set out below:

 

Bank loans  Currency  Period  Interest rate  Carrying amount 
            SGD’000 
Secured floating rate bank loans 　  SGD  2024 - 2029  SIBOR+1.25% to +1.5%   3,927 
   US$  2023 - 2029  London Inter Bank Offer Rate +1.25%   95 
Balance as of December 31, 2025  　         4,022 
               
Secured floating rate bank loans, representing balance as of June 30, 2026  SGD  2024 - 2029  SIBOR+1.25% to +1.5%   3,362 
Balance as of June 30, 2026 (US$)            2,598 

 

The bank loans are secured by corporate guarantees provided by the Company and its subsidiaries, financial instruments (see Note 5), and leasehold building (see Note 6).

 

Bank loans  Carrying amount   Within 1 year   2027   2028   2029   2030   Thereafter 
   SGD’000                         
Secured floating rate bank loans   3,927    1,127    1,138    1,142    520    -    - 
    95    25    25    23    22    -    - 
Balance as of December 31, 2025   4,022    1,152    1,163    1,165    542    -    - 

 

   Carrying amount   Within 1 year   2028   2029   2030   2031   Thereafter 
   SGD’000                         
Secured floating rate bank loans, representing balance as of June 30, 2026   3,362    1,130    1,139    1,062    31    -    - 
Balance as of June 30, 2026 (US$)   2,598    873    880    821    24    -    -