v3.26.3
RIGHT-OF-USE (“ROU”) ASSETS AND LEASE PAYABLE (Tables)
 6 Months Ended
Jun. 30, 2026
Right-of-use Rou Assets And Lease Payable  
SCHEDULE OF RIGHT OF USE ASSETS AND LIABILITIES

The Company recognized operating lease ROU assets and lease liabilities as follows:

 

   December 31, 2025   June 30, 2026   June 30, 2026 
   SGD’000   SGD’000   USD’000 
Right-of-use assets   1,772    1,772    1,369 
Less: accumulated amortization   (789)   (855)   (660)
Operating lease ROU asset, net   983    917    709 

 

   December 31, 2025   June 30, 2026   June 30, 2026 
   SGD’000   SGD’000   USD’000 
Finance lease liabilities   336    79    61 
Operating lease liabilities   72    72    56 
Total   408    151    117 

 

Finance lease liabilities

 

   December 31, 2025   June 30, 2026   June 30, 2026 
   SGD’000   SGD’000   USD’000 
Finance lease liabilities               
Current portion   154    61    47 
Non-current portion   182    18    14 
Total   336    79    61 
Operating lease liabilities

 

              
   December 31, 2025   June 30, 2026   June 30, 2026 
   SGD’000   SGD’000   US$’000 
Operating lease liabilities               
Current portion   37    37    29 
Non-current portion   35    35    27 
Total   72    72    56 
 
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER FINANCE LEASES

As of June 30, 2026, future minimum lease payments under the finance leases are as follows:

 

Future payment  SGD’000   US$’000 
2027   61    47 
2028   18    14 
Total   79    61 
SCHEDULE OF OTHER SUPPLEMENTAL INFORMATION ABOUT THE COMPANY’S FINANCE LEASE

The following summarizes other supplemental information about the Company’s finance lease as of June 30, 2026:

 

SCHEDULE OF OTHER SUPPLEMENTAL INFORMATION ABOUT THE COMPANY’S FINANCE LEASE

Weighted average discount rate   3.01%
Weighted average remaining lease term (years)   1.2 
SCHEDULE OF FUTURE MINIMUM LEASE PAYMENTS UNDER NON-CANCELABLE OPERATING LEASES

As of June 30, 2026, future minimum lease payments under the non-cancelable operating leases are as follows:

 

Future payment  SGD’000   US$’000 
2027   37    29 
2028   35    27 
Total   72    56 
SCHEDULE OF OTHER SUPPLEMENTAL INFORMATION ABOUT THE COMPANY’S OPERATING LEASE

The following summarizes other supplemental information about the Company’s operating lease as of June 30, 2026:

 

Weighted average discount rate   4.15%
Weighted average remaining lease term (years)   1.4