Deferred Tax Assets/Liabilities (Tables)

12 Months Ended

Dec. 31, 2023

Text Block [Abstract]

Summary of Deferred Tax Assets (Liabilities)

	December 31, 2023			December 31, 2022
	S$’000			S$’000
Deferred tax assets		3,342			3,463
Deferred tax liabilities		(1,182	)		(852	)
		2,160			2,611

Summary of Major Deferred Tax Liabilities and Assets Recognized by the Group

Following are the major deferred tax liabilities and assets recognized by the Group:

Deferred tax asset (net)	Provisions			Tax depreciation			Undistributed earnings			Others			Total
	S$’000			S$’000			S$’000			S$’000			S$’000
At January 1, 2022		1,750			(273	)		(1,402	)		361			436
(Charge) credit to profit or loss (Note 26)		(116	)		475			874			411			1,644
Over (Under) provision in prior years (Note 26)		1,070			(36	)		—			—			1,034
Acquired on acquisition of a subsidiary (Note 32)		—			—			—			(317	)		(317	)
Currency alignment		(235	)		4			—			45			(186	)
At December 31, 2022		2,469			170			(528	)		500			2,611
Credit (Charge) to profit or loss (Note 26)		512			(21	)		(403	)		(56	)		32
Under provision in prior years (Note 26)		—			—			—			(307	)		(307	)
Currency alignment		(177	)		29			—			(28	)		(176	)
At December 31, 2023		2,804			178			(931	)		109			2,160