Lease Liabilities

12 Months Ended

Dec. 31, 2023

Text Block [Abstract]

Lease Liabilities

17 LEASE LIABILITIES

	December 31, 2023		December 31, 2022
	S$’000		S$’000
Minimum lease payments
Amounts due for settlement within 12 months (shown under current liabilities)		22,355		17,818
Amounts due for settlement after 12 months and not later than 5 years		21,263		20,644
		43,618		38,462

The Group does not face significant liquidity risks with regard to its lease liabilities. Lease liabilities are monitored by the Group’s management in term of capacity utilization. Lease liabilities approximate fair value as of end of reporting period.