Plant and Equipment

12 Months Ended

Dec. 31, 2023

13	PLANT AND EQUIPMENT


	Leasehold improvements			Furniture and fittings			Office equipment and software			Equipment-in- progress			Total
	S$’000			S$’000			S$’000			S$’000			S$’000
Cost:
At January 1, 2022		46,893			9,703			45,476			475			102,547
Acquired on acquisition of a subsidiary		8,060			2,649			13,232			1,304			25,245
Additions		263			165			293			—			721
Reclassification		—			106			82			(188	)		—
Disposals		(260	)		(22	)		(751	)		—			(1,033	)
Written off		(133	)		(2	)		(1,271	)		—			(1,406	)
Currency alignment		(3,393	)		(704	)		(3,465	)		(91	)		(7,653	)

At December 31, 2022		51,430			11,895			53,596			1,500			118,421
Additions		4,410			334			2,754			4,937			12,435
Reclassification		1,489			523			3,815			(5,827	)		—
Disposals		—			(156	)		(1,026	)		—			(1,182	)
Written off		—			(8	)		(64	)		—			(72	)
Currency alignment		(1,390	)		(217	)		(963	)		(13	)		(2,583	)

At December 31, 2023		55,939			12,371			58,112			597			127,019

Accumulated depreciation and impairment loss:
At January 1, 2022		30,669			4,538			27,631			—			62,838
Depreciation for the year		8,879			2,115			9,982			—			20,976
Disposals		(225	)		(18	)		(653	)		—			(896	)
Written off		(116	)		(2	)		(1,271	)		—			(1,389	)
Currency alignment		(2,048	)		(336	)		(2,016	)		—			(4,400	)

At December 31, 2022		37,159			6,297			33,673			—			77,129
Depreciation for the year		8,369			2,299			10,823			—			21,491
Impairment loss for the year		—			—			362			—			362
Disposals		—			(124	)		(989	)		—			(1,113	)
Written off		—			(7	)		(38	)		—			(45	)
Currency alignment		(805	)		(122	)		(691	)		—			(1,618	)

At December 31, 2023		44,723			8,343			43,140			—			96,206

Carrying amount:
At December 31, 2022		14,271			5,598			19,923			1,500			41,292

At December 31, 2023		11,216			4,028			14,972			597			30,813

At December 31, 202

, the Group had entered into contractual commitments for the acquisition of plant and equipment amounting to S$0.4 million (2022: S$0.4 million).