DEFERRED TAX ASSETS/ LIABILITIES

6 Months Ended

Jun. 30, 2025

Deferred Tax Assets Liabilities

DEFERRED TAX ASSETS/ LIABILITIES

14. DEFERRED TAX ASSETS/ LIABILITIES

	December 31, 2024			June 30, 2025			June 30, 2025
	SGD’000			SGD’000			USD’000
Deferred tax assets		74			74			58
Deferred tax liabilities		(100	)		(100	)		(79	)
		(26	)		(26	)		(21	)

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

	Property, plant, and equipment			Provisions		Total
	SGD’000			SGD’000		SGD’000
As of January 1, 2024		69			5		74
Recognized in statements of income		(100	)		-		(100	)
As of December 31, 2024		(31	)		5		(26	)
As of January 1, 2025		(31	)		5		(26	)
Recognized in statements of income		-			-		-
As of June 30, 2025		(31	)		5		(26	)