INCOME TAX EXPENSES (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

SCHEDULE OF COMPONENTS OF INCOME TAX EXPENSE BENEFIT

The income tax provision consists of the following components:

	For the years ended December 31,
	2021			2022			2023			2023
	SGD’000			SGD’000			SGD’000			USD’000
Income tax:
Current year		-			289			99			75
Under provision of prior years		37			-			20			15
Current Income Tax Expense Benefit		37			289			119			90
Deferred tax:
Current year		(37	)		(61	)		(47	)		(36	)
Under provision of prior years		-			7			39			30
Deferred Income Tax Expense Benefit		(37	)		(54	)		(8	)		(6	)
Income Tax Expense (Benefit)		-			235			111			84

SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

	For the years ended December 31,
	2021			2022			2023			2023
	SGD’000			SGD’000			SGD’000			USD’000
Income before tax expenses:		2			1,427			630			477
Tax at the domestic income tax rate		1			243			107			81
Tax effect of expenses that are not deductible in determining taxable profit		6			27			39			30
Under provision in prior years		37			7			12			9
Tax effect of non-taxable incomes		(44	)		(42	)		(47	)		(36	)
Income Tax Expense (Benefit)		-			235			111			84