Income tax (benefit)/expense (Tables)

12 Months Ended

Jun. 30, 2025

Deferred tax expense (income) [abstract]

Schedule of component of income tax expense

The major components of income tax expense recognized in profit or loss for the periods ended June 30, 2025 and 2024 were:

	2025			2025			2024
	US$			S$			S$
Current income tax
- Current year		-			-			383,453
- Deferred income tax		-			-			(49,440	)
- Underprovision in respect of prior years		279			355			-
- Overprovision in respect of prior years		(328,444	)		(417,748	)		(2,252	)
Income tax (benefit)/expense recognized in profit or loss		(328,165	)		(417,393	)		331,761

Schedule of reconciliation between tax expense and corporate tax rate

A reconciliation between tax expense and the product of accounting (loss)/profit multiplied by the applicable corporate tax rate for the financial periods ended June 30, 2025 and 2024 were as follows:

	2025			2025			2024
	US$			S$			S$
(Loss)/Profit before tax		(9,832,138	)		(12,505,497	)		2,404,561
Income tax using the statutory tax rate of 17% (2024: 17%)		(1,671,463	)		(2,125,934	)		408,775
Effects of:
- Non-deductible expenses		1,661,686			2,113,498			16,416
- Income not subject to tax		-			-			83,039
- Income tax exemption		(13,700	)		(17,425	)		(75,350	)
- Utilisation of capital allowance		(353	)		(449	)		(1,322	)
- Utilisation of deferred tax assets not recognised in prior year		-			-			(56,037	)
- Deferred tax asset not recognized during the financial year		23,830			30,310			7,932
- Deferred income tax		-			-			(49,440	)
-Underprovision in respect of prior years		279			355			-
-Overprovision in respect of prior years		(328,444	)		(417,748	)		(2,252	)
Income tax (benefit)/expense		(328,165	)		(417,393	)		331,761