v3.25.4
Overview (Tables)
 12 Months Ended
Apr. 30, 2025
Overview  
Schedule of company’s subsidiaries

The details of its subsidiaries are as follows:

 

Name of subsidiary     Percentage of effective ownership 
(Country of incorporation and     held by the Company 
principal place of business)  Principal activities  April 30, 2024   April 30, 2025 
            
Elec Power Ltd (“Elec”) (British Virgin Islands)  Investment holding   100%   100%
              
BNL Engineering Private Limited (“BNL”) (Singapore)  Provision of electrical installation and licensing services for greenfield electrical installation projects   100%   100%
              
Herlin Pte. Ltd. (“Herlin”) (Singapore)  Provision of electrical installation and licensing services for brownfield electrical installation projects   100%   100%
Schedule of transactions with non-controlling interest

   2023 
   SGD 
Carrying amount of non-controlling interest acquired   1,696,763 
Non-controlling interest’s 60% equity interest in BNL recognized in merger reserve*   150,000 
Consideration paid by BNL to non-controlling interest*   - 
Difference recognized directly in equity   1,846,763 

 

*The non-controlling interest’s 60% equity interest represents SGD150,000 share capital in BNL is deemed acquired under common control by the Company. The consideration was settled by Mr. Lim to the non-controlling interest. No cash flows transactions between BNL and the non-controlling interest. The difference between the consideration paid by the Company and the share capital acquired is recognized in merger reserve under common control (Note 11).