XML 52 R34.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Business combination (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Consideration Assets Acquired and Liabilities

 

   October 6, 2023 
Consideration   SGD 
Cash   513,600 
Equity instruments   750,000 
Consideration payables   3,239,193 
Fair value of total consideration transferred   4,502,793 

 

   SGD 
ASSETS     
Cash and bank balances   204,289 
Accounts receivable   190,283 
Prepayments   12,926 
Deposits   16,160 
Property and equipment, net   27,845 
Intangible assets   271,693 
Operating lease right-of-use assets, net   14,817 
Other assets   43,235 
Total assets   781,248 
      
LIABILITIES     
Accounts payable   86,798 
Accrued liabilities and other payables   242,604 
Bank loans, current portion   43,413 
Operating lease obligation, current   15,241 
Bank loans, non-current portion   47,903 
Total liabilities   435,959 
      
Total identifiable net assets   345,289 
      
Intangible asset (customer relationship)   1,944,044 
Goodwill   2,213,460 
Fair value of total consideration transferred   4,502,793 
Schedule of Supplemental unaudited Pro Forma Information

 

   December 31, 2023   December 31, 2023 
   SGD   USD 
Revenue   7,315,963    5,545,337 
Net loss   (6,368,852)   (4,827,448)
Basic earnings per share   (0.36)   (0.27)
Diluted earnings per share   (0.34)   (0.26)