December 31, 2025

June 30, 2026

SGD’000

USD’000

Balance at beginning of the year/period

6,660

5,815

4,493

Decrease in contract liabilities as a result of recognizing revenue during the year/period that was included in the contract liabilities at the beginning of the year/period

(6,621

)

(1,895

)

(1,464

)

Increase in contract liabilities as a result of receiving forward sales deposits and instalments during the year/period in respect of machines still under production

5,776

6,812

5,264

Balance at end of the year/period

5,815

10,732

8,293