v3.26.3
Right-of-use assets and lease liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Right-of-use Assets And Lease Liabilities  
Schedule of non-cancellable lease contracts

As of June 30, 2026, the Company subsisted of the following non-cancellable lease contracts.

 

Description of lease   Lease term
Motor vehicles   7 to 8 years
Corporate office premises   3 years
Schedule of lease cost recognized of balance sheet

 

  

As of

December 31, 2025

  

As of

June 30, 2026

  

As of

June 30, 2026

 
    S$    S$    US$ 
                
Right-of-use assets   716,507    580,142    448,298 
Lease liabilities               
Current   260,331    269,691    208,400 
Non-current   427,418    289,581    223,770 
Total lease liabilities   687,749    559,272    432,170 
Schedule of lease cost recognized of consolidated statements of income

 

    2025    2026    2026 
   For the six months ended June 30, 
    2025    2026    2026 
    S$    S$    US$ 
                
Operating lease cost   45,740    160,121    123,731 
Interest of lease liabilities   2,919    -    - 
Schedule of undiscounted lease payments

   lease payments 
   S$ 
Six months ending December 31, 2026   149,488 
Year ending December 31, 2027   288,000 
Year ending December 31, 2028   168,000 
Total undiscounted lease payments   605,488 
Less: imputed interest   (46,216)
Total lease liabilities   559,272