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Provision For Reinstatement Cost
 12 Months Ended
Dec. 31, 2022
Text Block [Abstract]  
Provision For Reinstatement Cost
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PROVISION FOR REINSTATEMENT COST
 
                 
 
  
December 31,
2022
 
  
December 31,
2021
 
 
  
S$’000
 
  
S$’000
 
At beginning of year
      8,047        6,069  
Additions
      802        2,673  
Acquired on acquisition of a subsidiary
      111        —    
Accretion, recognized in finance cost
      136        158  
Payment for reinstatement
      —          (428 ) 
Currency alignment
      (242 )       (425 ) 
    
 
 
     
 
 
  
At end of year
      8,854        8,047  
    
 
 
     
 
 
  
Analyzed as:
                  
Current
      5,282        3,663  
Non-current
      3,572        4,384  
    
 
 
     
 
 
  
       8,854        8,047  
    
 
 
     
 
 
  
The provision is made based on management’s best estimate for the reinstatement cost for its leasehold improvements, taking into account recent quotes received from contractors. The provision is recognized as an addition to leasehold improvements (Note 13) and is depreciated over its estimated useful lives.