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Fixed And Pledged Deposits
 12 Months Ended
Dec. 31, 2022
Fixed And Pledged Deposits [Abstract]  
Disclosure Detail Of Fixed And Pledged Deposits [Text Block]
8
FIXED AND PLEDGED DEPOSITS
 
     December 31,
2022		      December 31,
2021		  
     S$’000      S$’000  
Fixed deposits
      6,551        6,960  
Pledged deposits
      584        2,356  
    
 
 
     
 
 
  
       7,135        9,316  
    
 
 
     
 
 
  
Analysed as:
                  
Current
      6,551        8,860  
Non-current
      584        456  
    
 
 
     
 
 
  
       7,135        9,316  
    
 
 
     
 
 
  
Fixed deposits bear interest at an effective interest rate of 1.65% to 1.80% (2021: 1.65% to 1.85%) per annum and for tenure ranging from 180 days to 365 days (2021: 180 days to 365 days).
The Group pledged deposits of S$Nil (2021: S$1.9 million) to a financial institution for securing of bank loans (Note 1
7
). The remaining pledged deposits relate to deposits placed to comply with the local regulations of subsidiaries. Pledged deposits approximate fair value at the end of reporting period.