DEFERRED TAX ASSETS/ LIABILITIES (Tables)

6 Months Ended

Jun. 30, 2024

Deferred Tax Assets Liabilities

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES

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

SCHEDULE OF DEFERRED TAX ASSETS AND LIABILITIES RECOGNIZED BY THE COMPANY

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