DEFERRED TAX ASSETS/ LIABILITIES

6 Months Ended

Jun. 30, 2024

Deferred Tax Assets Liabilities

DEFERRED TAX ASSETS/ LIABILITIES

14. DEFERRED TAX ASSETS/ LIABILITIES

	December 31, 2023		June 30, 2024
	SGD’000		SGD’000
Deferred tax assets		74		138
Deferred tax liabilities		-		-
		74		138

Following are the major deferred tax assets and liabilities recognized by the Company:

	Property, plant, and equipment		Provisions		Tax losses			Total
	SGD’000		SGD’000		SGD’000			SGD’000
As of January 1, 2023		36		5		25			66
Recognized in statements of income		33		-		(25	)		8
As of December 31, 2023		69		5		-			74
As of January 1, 2023		69		5		-			74
Recognized in statements of income		64		-		-			64
As of June 30, 2024		133		5		-			138