ACCOUNTS RECEIVABLE, NET

12 Months Ended

Dec. 31, 2024

Credit Loss [Abstract]

ACCOUNTS RECEIVABLE, NET

3. ACCOUNTS RECEIVABLE, NET

Accounts receivable, net, consists of the following:

	December 31,
	2023			2024			2024
	SGD’000			SGD’000			USD’000
Accounts receivable		4,798			4,566			3,342
Less: allowance for expected credit losses		(23	)		(78	)		(57	)
Accounts receivable, net		4,775			4,488			3,285

The movements in the allowance for expected credit losses for the years ended December 31, 2023 and 2024 were as follows:

	December 31,
	2023			2024		2024
	SGD’000			SGD’000		USD’000
Balance at beginning of the year		34			23		17
Additions		-			55		40
Reversal		(11	)		-		-
Balance at end of the year		23			78		57