v3.25.3
BANK BORROWINGS
12 Months Ended
Jun. 30, 2025
Debt Disclosure [Abstract]  
BANK BORROWINGS

NOTE-11 BANK BORROWINGS

 

Bank borrowings consisted of the following:

 

   repayments  interest rate   2024   2025 
   Term of  Annual   As of June 30, 
   repayments  interest rate   2024   2025 
          S$   S$ 
Term loans  Within 5 years   2.5-3.25%   943,784    323,417 
Trust receipts  Within 150 days   6.2%   135,815    0 
Long term debt           1,079,599    323,417 
                   
Representing: -                  
Within 12 months           756,182    314,559 
Over 1 year           323,417    8,858 
Long term debt           1,079,599    323,417 

 

As of June 30, 2024 and 2025, bank borrowing was obtained from a financial institution in Singapore, which bear annual interest at a fixed rate at 2.5-3.25% and variable rate at 6.2%. Bank borrowings are repayable in 150 days- 5 years.

 

Our Company’s bank borrowing is guaranteed under a personal guarantee from our Company’s Directors.