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Income Tax Expenses - Summary of Reconciliation of Income Tax Expense (Income) (Detail)
$ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2023
SGD ($)
Dec. 31, 2022
SGD ($)
Dec. 31, 2021
SGD ($)
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]        
Profit before income tax $ 111,068 $ 146,454 $ 141,987 $ 132,079
Tax at the Singapore income tax rate   24,897 24,138 22,453
Tax effect of expenses that are not deductible in determining taxable profit   6,470 11,110 6,504
Overprovision in prior years   (177) (389) (632)
Tax exempt income [1]   (8,009) (7,298) (6,454)
Effect of different tax rates of subsidiaries operating in other jurisdictions   165 (710) 15
Deferred tax asset not recognized   1,448 2,001 2,440
Utilization of tax losses previously not recognized as deferred tax assets   (327)    
Recognition (Utilization) of deferred tax on foreseeable dividends   358 (910) 1,399
Foreign withholding tax   1,474 1,807 2,493
Others [2]   5 7,300 19
Tax expense (income) $ 19,948 $ 26,304 $ 37,049 $ 28,237
[1] Tax exempt income represents income of subsidiary located in Philippines that benefit from tax holiday. Refer to below for additional information on the subsidiary tax holidays.
[2] In 2022, this mainly consists of the effect of a one-off “prosperity tax” enacted by the local government for the Malaysia operations and additional tax incurred by the Philippines operations due to its non-compliance of the work-from-home requirement for the period from April to October 2022.