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Fixed and Pledged Deposits
 12 Months Ended
Dec. 31, 2023
Fixed And Pledged Deposits [Abstract]  
Fixed and Pledged Deposits
8
FIXED AND PLEDGED DEPOSITS
 
     December 31,
2023		      December 31,
2022		  
     S$’000      S$’000  
Fixed deposits
      —         6,551  
Pledged deposits
      597        584  
  
 
 
     
 
 
  
     597        7,135  
  
 
 
     
 
 
  
Analyzed as:
      
Current
      —         6,551  
Non-current
      597        584  
  
 
 
     
 
 
  
     597        7,135  
  
 
 
     
 
 
  
In 2022, fixed deposits bore interest at an effective interest rate of 1.65% to 1.80% per annum and for tenure ranging from 180 days to 365 days.
The pledged deposits
rel
ate to deposits pla
ce
d to comply with the local regulations of subsidiaries. Pledged deposits approximate fair valu
e at th
e end of reporting period.