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CONCENTRATIONS AND RISKS (Tables)
12 Months Ended
Dec. 31, 2023
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 financial years ended December 31, 
   2021   2022   2023   2023 
   SGD’000   SGD’000   SGD’000   USD’000 
Amount of the Company’s revenue                    
Customer A   4,833    4,094    -*    -* 
Customer B   3,188    3,902    3,495    2,649 
Customer C   -*    -*    4,372    3,314 

 

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

 

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, 
   2022   2023   2023 
   SGD’000   SGD’000   USD’000 
Amount of the Company’s accounts receivable               
Customer A   3,008    334    253 
Customer B   853    624    473 
Customer C   -**    2,302    1,745 

 

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

 

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

 

   For the financial years ended December 31, 
   2021   2022   2023   2023 
   SGD’000   SGD’000   SGD’000   USD’000 
Amount of the Company’s purchase                    
Supplier A   551    -#    -#    -# 
Supplier B   507    -#    -#    -# 
Supplier C   -#    -#    1,574    1,193 
Supplier D   -#    -#    1,172    888 
Supplier E   -#    -#    1,103    836 

 

  # Purchase from relevant supplier was less than 10% of the Company’s total revenue for the respective year.

 

 

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

 

   As of December 31, 
   2022   2023   2023 
   SGD’000   SGD’000   USD’000 
Amount of the Company’s accounts payable               
Supplier A   -##    -##    -## 
Supplier B   501    -##    -## 
Supplier C   -##    141    107 

 

  ## Account payable from relevant supplier was less than 10% of the Company’s total accounts payable for the respective year.