v3.26.1
PLANT AND EQUIPMENT, NET
 12 Months Ended
Dec. 31, 2025
Property, Plant and Equipment [Abstract]  
PLANT AND EQUIPMENT, NET

NOTE－7 PLANT AND EQUIPMENT, NET

 

Plant and equipment consisted of the following:

 

 

    As of
Dec 31, 2024		     As of
Dec 31, 2025		  
    S$’000     S$’000  
At cost:                
Office equipment     43       277  
Machinery and equipment     37,185       42,098  
Motor vehicles     891       1,000  
Plant and equipment, gross     38,119       43,375  
Less: Accumulated depreciation     (7,886 )     (10,238 )
Plant and equipment, net     30,233       33,137  

 

Depreciation expense for the year ended December 31, 2023, 2024 and 2025 were S$3.7 million, S$4.2 million and S$4.7 million (US$3.7 million), respectively.