RELATED PARTY BALANCES AND TRANSACTIONS

12 Months Ended

Dec. 31, 2024

Related Party Transactions [Abstract]

RELATED PARTY BALANCES AND TRANSACTIONS

18. RELATED PARTY BALANCES AND TRANSACTIONS

Nature of relationships with related parties:

		For the years ended December 31,
Related parties	Relationship	2022		2023		2024		2024
		SGD’000		SGD’000		SGD’000		USD’000
Amount due to:
Ms. Hong Bee Yin	Controlling shareholder		741		-		-		-

Non-trade advance from controlling shareholder is unsecured, interest free and repayment on demand. As of December 31, 2023 and 2024, the amount of outstanding loan owed to Ms. Hong Bee Yin is Nil.

Related party transactions:

		For the years ended December 31,
Transaction nature	Name	2022			2023		2024		2024
		SGD’000			SGD’000		SGD’000		USD’000
Net proceeds from/(repayment) to controlling shareholder	Ms. Hong Bee Yin		(714	)		-		-		-
Shares issued as stock-based compensation to controlling shareholder	Ms. Hong Bee Yin		-			-		466		341
Dividend paid to controlling shareholder	Ms. Hong Bee Yin		-			-		425		311

Other than the above-mentioned disclosure, there were no other significant related party transactions conducted during the years ended December 31, 2022, 2023 and 2024.