3.
ACCOUNTS RECEIVABLE, NET
Accounts
receivable, net, consists of the following:
SCHEDULE OF ACCOUNTS RECEIVABLES, NET
| | |
December 31, 2025 | | |
June 30, 2026 | | |
June 30, 2026 | |
| | |
SGD’000 | | |
SGD’000 | | |
USD’000 | |
| Accounts receivable | |
| 7,489 | | |
| 10,106 | | |
| 7,810 | |
| Less: allowance for expected credit losses | |
| (78 | ) | |
| (55 | ) | |
| (43 | ) |
| Accounts receivable, net | |
| 7,411 | | |
| 10,051 | | |
| 7,767 | |
The
movements in the allowance for expected credit losses for the year ended December 31, 2025 and the six-month period ended June 30, 2026
were as follows:
SCHEDULE OF ALLOWANCE FOR DOUBTFUL ACCOUNTS
| | |
December 31, 2025 | | |
June 30, 2026 | | |
June 30, 2026 | |
| | |
SGD’000 | | |
SGD’000 | | |
USD’000 | |
| Balance at beginning of the year/period | |
| 78 | | |
| 78 | | |
| 61 | |
| Reversal | |
| - | | |
| (23 | ) | |
| (18 | ) |
| Balance at end of the year/period | |
| 78 | | |
| 55 | | |
| 43 | |
|