CONCENTRATIONS AND RISKS (Tables)

6 Months Ended

Jun. 30, 2026

Risks and Uncertainties [Abstract]

SCHEDULE OF CONCENTRATION RISK BY RISK FACTOR

The following table sets forth a summary of single customers who represent 10% or more of the Company’s total revenue:

		For the six-month period ended June 30,
		2025				2026				2026
		SGD’000				SGD’000				USD’000
Amount of the Company’s revenue
Customer A			1,010				12,780				9,876
Customer B			1,077				-	*			-	*
Customer C			811				-	*			-	*
Customer D			-				2,188				1,691

*	Revenue from relevant customer was less than 10% of the Group’s total revenue for the respective period.

The following table sets forth a summary of single customers who represent 10% or more of the Company’s total accounts receivable:

		As of December 31, 2025				As of June 30, 2026				As of June 30, 2026
		SGD’000				SGD’000				USD’000
Amount of the Company’s accounts receivable
Customer A			4,995				5,971				4,614
Customer D			-				2,210				1,708

**	Account receivable from relevant customer was less than 10% of the Group’s total accounts receivable for the respective period.

The following table sets forth a summary of suppliers who represent 10% or more of the Company’s total purchases:

		For the six-month period ended June 30,
		2025				2026				2026
		SGD’000				SGD’000				USD’000
Amount of the Company’s purchase
Supplier A			828				1,480				1,144
Supplier B			629				-#				-#

#	Purchase from relevant supplier was less than 10% of the Group’s total purchase for the respective period.

The following table sets forth a summary of single suppliers who represent 10% or more of the Company’s total accounts payable:

As of
December 31, 2025

As of

June 30, 2026

As of

June 30, 2026

SGD’000

SGD’000

USD’000

Amount of the Company’s accounts payable

Supplier A

165

##

##

Supplier B

226

##

##

Supplier C

-

266

206

##	Accounts payable from relevant supplier was less than 10% of the Group’s total accounts payable for the respective period.

SCHEDULE OF DERIVATIVE FINANCIAL INSTRUMENTS

The following table sets out the derivative financial instruments as at the end of the reporting period:

		December 31, 2025				June 30, 2026
		SGD’000				SGD’000

Interest rate swap			3,417				2,917

The following table sets out the derivative financial instruments as at the end of the reporting period:

		December 31, 2025				June 30, 2026
		US$’000				US$’000

Foreign exchange option			200				500