XML 35 R20.htm IDEA: XBRL DOCUMENT v3.25.1
WARRANTY LIABILITIES
12 Months Ended
Dec. 31, 2024
Warranty Liabilities  
WARRANTY LIABILITIES

11. WARRANTY LIABILITIES

 

   2023   2024   2024 
   December 31, 
   2023   2024   2024 
   SGD’000   SGD’000   USD’000 
As of January 1,   22    22    16 
Additional accrual   37    29    21 
Utilized   (37)   (29)   (21)
As of December 31,   22    22    16 

 

The warranty for machines sold typically covers a 12-month period from the date on which the machines are delivered and accepted by the customers. The warrant liability is based on estimates made from historical warranty data associated with similar products and services. The Company expects to make use of the accrued liability over the next operating period.