ANNUAL REPORT 2026
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Non-Current Assets | |||||
| Plant and equipmentS$ | 1,297 | 10,632 | 1,297 | 10,632 | PDF p. 32 |
| Right-of-use assetS$ | - | 139,335 | - | 139,335 | PDF p. 32 |
| Intangible assetS$ | - | 18,591 | - | 18,591 | PDF p. 32 |
| Finance lease receivableS$ | - | 102,179 | - | 102,179 | PDF p. 32 |
| Investment in subsidiariesS$ | - | - | 100 | 100 | PDF p. 32 |
| SubtotalS$ | 1,297 | 270,737 | 1,397 | 270,837 | PDF p. 32 |
| Current Assets | |||||
| Finance lease receivableS$ | 102,179 | 147,363 | 102,179 | 147,363 | PDF p. 32 |
| Trade and other receivablesS$ | 535,031 | 1,095,808 | 921,622 | 1,234,337 | PDF p. 32 |
| PrepaymentsS$ | 160,676 | 34,266 | 159,859 | 34,266 | PDF p. 32 |
| Contract assetsS$ | 233,902 | 164,040 | 233,902 | 164,040 | PDF p. 32 |
| Contract costsS$ | 143,936 | 7,000 | 143,936 | 7,000 | PDF p. 32 |
| Film productS$ | - | 8,000 | - | 8,000 | PDF p. 32 |
| Cash and bank balancesS$ | 404,187 | 686,760 | 402,959 | 675,638 | PDF p. 32 |
| SubtotalS$ | 1,579,911 | 2,143,237 | 1,964,457 | 2,270,644 | PDF p. 32 |
| ASSETS | |||||
| Total assetsS$ | 1,581,208 | 2,413,974 | 1,965,854 | 2,541,481 | PDF p. 32 |
| Capital and Reserves | |||||
| Share capitalS$ | 8,763,058 | 8,763,058 | 8,763,058 | 8,763,058 | PDF p. 32 |
| Equity component of convertible loanS$ | 17,983 | - | 17,983 | - | PDF p. 32 |
| Accumulated lossesS$ | (11,485,019) | (9,159,939) | (11,290,133) | (9,032,409) | PDF p. 32 |
| Equity attributable to owners of the CompanyS$ | (2,703,978) | (396,881) | (2,509,092) | (269,351) | PDF p. 32 |
| Non-controlling interestsS$ | (228,446) | - | - | - | PDF p. 32 |
| Total equityS$ | (2,932,424) | (396,881) | (2,509,092) | (269,351) | PDF p. 32 |
| Non-Current Liabilities | |||||
| Lease liabilitiesS$ | - | 139,935 | - | 139,935 | PDF p. 32 |
| BorrowingsS$ | - | 550,000 | - | 550,000 | PDF p. 32 |
| SubtotalS$ | - | 689,935 | - | 689,935 | PDF p. 32 |
| Current Liabilities | |||||
| Contract liabilitiesS$ | 330,514 | 78,047 | 330,514 | 78,047 | PDF p. 32 |
| Lease liabilitiesS$ | 89,631 | 225,365 | 89,631 | 225,365 | PDF p. 32 |
| BorrowingsS$ | 2,511,305 | - | 2,511,305 | - | PDF p. 32 |
| Trade and other payablesS$ | 1,582,182 | 1,717,508 | 1,543,496 | 1,717,485 | PDF p. 32 |
| Provision for restoration costS$ | - | 100,000 | - | 100,000 | PDF p. 32 |
| SubtotalS$ | 4,513,632 | 2,120,920 | 4,474,946 | 2,120,897 | PDF p. 32 |
| Total liabilitiesS$ | 4,513,632 | 2,810,855 | 4,474,946 | 2,810,832 | PDF p. 32 |
| EQUITY AND LIABILITIES | |||||
| Total equity and liabilitiesS$ | 1,581,208 | 2,413,974 | 1,965,854 | 2,541,481 | PDF p. 32 |
Original report: PDF p. 32 ↗
The annexed notes form an integral part of and should be read in conjunction with these financial statements.
Note column references omitted from values.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Income statement | |||
| RevenueS$ | 3,847,520 | 6,256,819 | PDF p. 33 |
| Cost of salesS$ | (4,523,262) | (5,763,734) | PDF p. 33 |
| Gross (loss)/profitS$ | (675,742) | 493,085 | PDF p. 33 |
| Other incomeS$ | 152,912 | 196,951 | PDF p. 33 |
| Administrative expensesS$ | (1,903,004) | (2,273,250) | PDF p. 33 |
| Selling and distribution expensesS$ | (26,369) | (75,645) | PDF p. 33 |
| Impairment loss on trade receivablesS$ | (52,655) | (32,474) | PDF p. 33 |
| Other operating expensesS$ | (3,275) | (80,950) | PDF p. 33 |
| Finance costsS$ | (45,418) | (23,667) | PDF p. 33 |
| Loss before taxationS$ | (2,553,551) | (1,795,950) | PDF p. 33 |
| TaxationS$ | - | - | PDF p. 33 |
| Total comprehensive (loss)/profit attributable to | |||
| Owners of the CompanyS$ | (2,560,051) | (1,795,950) | PDF p. 33 |
| Non-controlling interestsS$ | 6,500 | - | PDF p. 33 |
| SubtotalS$ | (2,553,551) | (1,795,950) | PDF p. 33 |
| Loss per share (Singapore cent) | |||
| - Basic and dilutedSingapore cent per share | (1.29) | (0.91) | PDF p. 33 |
Original report: PDF p. 33 ↗
The annexed notes form an integral part of and should be read in conjunction with these financial statements.
Note column references omitted from values.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, S$ | 2025Group, S$ | Source |
|---|---|---|---|
| Income | |||
| RevenueS$ | 3,847,520 | 6,256,819 | PDF p. 33 |
| Cost of salesS$ | (4,523,262) | (5,763,734) | PDF p. 33 |
| Gross (loss)/profitS$ | (675,742) | 493,085 | PDF p. 33 |
| Other incomeS$ | 152,912 | 196,951 | PDF p. 33 |
| Administrative expensesS$ | (1,903,004) | (2,273,250) | PDF p. 33 |
| Selling and distribution expensesS$ | (26,369) | (75,645) | PDF p. 33 |
| Impairment loss on trade receivablesS$ | (52,655) | (32,474) | PDF p. 33 |
| Other operating expensesS$ | (3,275) | (80,950) | PDF p. 33 |
| Finance costsS$ | (45,418) | (23,667) | PDF p. 33 |
| Loss before taxationS$ | (2,553,551) | (1,795,950) | PDF p. 33 |
| TaxationS$ | - | - | PDF p. 33 |
| Loss for the year, representing total comprehensive loss for the yearS$ | (2,553,551) | (1,795,950) | PDF p. 33 |
| Total comprehensive (loss)/profit attributable to | |||
| Owners of the CompanyS$ | (2,560,051) | (1,795,950) | PDF p. 33 |
| Non-controlling interestsS$ | 6,500 | - | PDF p. 33 |
| Loss per share (Singapore cent) | |||
| - Basic and dilutedSingapore cent | (1.29) | (0.91) | PDF p. 33 |
Original report: PDF p. 33 ↗
Total attributable line (2,553,551)/(1,795,950) printed unlabeled. No other comprehensive income items presented. Company-level income statement not presented separately.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Share capital S$ | 2026Group, Equity component of convertible loan S$ | 2026Group, Accumulated losses S$ | 2026Group, Attributable to owners Total S$ | 2026Group, Non-controlling interests S$ | 2026Group, Total equity S$ | Source |
|---|---|---|---|---|---|---|---|
| Opening balance (FY2025) | |||||||
| As at 1 July 2024S$ | 8,763,058 | - | (7,363,989) | 1,399,069 | - | 1,399,069 | PDF p. 33 |
| FY2025 movements | |||||||
| Total comprehensive lossS$ | - | - | (1,795,950) | (1,795,950) | - | (1,795,950) | PDF p. 33 |
| Closing balance (FY2025) | |||||||
| At 30 June 2025S$ | 8,763,058 | - | (9,159,939) | (396,881) | - | (396,881) | PDF p. 33 |
| FY2026 movements | |||||||
| Total comprehensiveS$ | - | - | (2,560,051) | (2,560,051) | 6,500 | (2,553,551) | PDF p. 33 |
| Transactions with owners recognised directly in equity | |||||||
| Capital contribution fromS$ | - | - | - | - | 25 | 25 | PDF p. 33 |
| Transactions with non-S$ | - | - | 234,971 | 234,971 | (234,971) | - | PDF p. 33 |
| Issuance of convertibleS$ | - | 17,983 | - | 17,983 | - | 17,983 | PDF p. 33 |
| Subtotal transactions with owners (unlabeled)S$ | - | 17,983 | 234,971 | 252,954 | (234,946) | 18,008 | PDF p. 33 |
| Closing balance (FY2026) | |||||||
| At 30 June 2026S$ | 8,763,058 | 17,983 | (11,485,019) | (2,703,978) | (228,446) | (2,932,424) | PDF p. 33 |
Original report: PDF p. 33 ↗
Columns are the same for the FY2025 block (1 July 2024 to 30 June 2025); the first two rows' year context is FY2025, rest FY2026. Row labels wrap across lines: 'Total comprehensive (loss)/profit'; 'Capital contribution from non-controlling interest'; 'Transactions with non-controlling interests (Note 7)'; 'Issuance of convertible loan (Note 15)'. Transactions with owners subtotal row has no printed label.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, S$ | 2025Group, S$ | Source |
|---|---|---|---|
| Operating Activities | |||
| Loss before taxationS$ | (2,553,551) | (1,795,950) | PDF p. 34 |
| Operating Activities - Adjustments | |||
| Amortisation of film productS$ | 8,000 | 66,050 | PDF p. 34 |
| Amortisation of intangible assetS$ | 3,197 | 12,684 | PDF p. 34 |
| Depreciation of plant and equipmentS$ | 9,335 | 154,692 | PDF p. 34 |
| Depreciation of right-of-use assetS$ | 54,186 | 508,656 | PDF p. 34 |
| Loss on disposal of intangible asset (2025 - plant and equipment)S$ | 15,394 | 12 | PDF p. 34 |
| Finance income on net investment in finance leaseS$ | (8,637) | (15,431) | PDF p. 34 |
| Impairment loss on film productS$ | - | 80,950 | PDF p. 34 |
| Impairment losses on trade receivablesS$ | 52,655 | 32,474 | PDF p. 34 |
| Reversal of restoration costS$ | (100,000) | - | PDF p. 34 |
| Gain on lease terminationS$ | (6,177) | - | PDF p. 34 |
| Interest income from fixed depositsS$ | (273) | (2,778) | PDF p. 34 |
| Interest expenseS$ | 45,418 | 23,667 | PDF p. 34 |
| Sponsorship income in-kindS$ | (324,400) | - | PDF p. 34 |
| Sponsorship expense in-kindS$ | 324,400 | - | PDF p. 34 |
| Operating Activities | |||
| Operating loss before working capital changesS$ | (2,480,453) | (934,974) | PDF p. 34 |
| Changes in trade and other receivablesS$ | 534,122 | (132,202) | PDF p. 34 |
| Changes in contract assetsS$ | (69,862) | 98,093 | PDF p. 34 |
| Changes in contract costsS$ | (136,936) | 154,587 | PDF p. 34 |
| Changes in prepaymentsS$ | (126,410) | (21,617) | PDF p. 34 |
| Changes in contract liabilitiesS$ | 252,467 | (248,758) | PDF p. 34 |
| Changes in trade and other payablesS$ | (135,326) | 181,425 | PDF p. 34 |
| Cash used in operationsS$ | (2,162,398) | (903,446) | PDF p. 34 |
| Interest receivedS$ | 273 | 2,778 | PDF p. 34 |
| Net cash used in operating activitiesS$ | (2,162,125) | (900,668) | PDF p. 34 |
| Investing Activity | |||
| Proceeds from finance lease receivableS$ | 130,000 | 156,000 | PDF p. 34 |
| Net cash generated from investing activityS$ | 130,000 | 156,000 | PDF p. 34 |
| Financing Activities | |||
| Proceeds from issuance of shares to non-controlling interestS$ | 25 | - | PDF p. 34 |
| Interest paidS$ | (25,980) | (23,667) | PDF p. 34 |
| Payment of lease liabilitiesS$ | (184,343) | (641,842) | PDF p. 34 |
| Transaction costs for convertible loanS$ | (40,150) | - | PDF p. 34 |
| Proceeds from a director’s loanS$ | 1,250,000 | 550,000 | PDF p. 34 |
| Proceeds from convertible loanS$ | 750,000 | - | PDF p. 34 |
| Repayment of bank loansS$ | - | (66,559) | PDF p. 34 |
| Net cash generated from/(used in) financing activitiesS$ | 1,749,552 | (182,068) | PDF p. 34 |
| Cash | |||
| Net decrease in cash and cash equivalentsS$ | (282,573) | (926,736) | PDF p. 34 |
| Cash and cash equivalents at beginning of yearS$ | 686,760 | 1,613,496 | PDF p. 34 |
| Cash and cash equivalents at end of yearS$ | 404,187 | 686,760 | PDF p. 34 |
Original report: PDF p. 34 ↗
Only Group cash flow presented; no separate Company cash flow statement.
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| Metric / unit | 2026Group, Lease liabilities (Note 14) S$ | 2026Group, Borrowings (Note 15) S$ | 2026Group, Total S$ | Source |
|---|---|---|---|---|
| FY2025 | ||||
| Balance at 1 July 2024S$ | 813,622 | 66,559 | 880,181 | PDF p. 34 |
| Balance at 30 June 2025S$ | 365,300 | 550,000 | 915,300 | PDF p. 34 |
| FY2026 | ||||
| Balance at 30 June 2026S$ | 89,631 | 2,511,305 | 2,600,936 | PDF p. 34 |
| FY2026 cash flows | ||||
| Total cash flowsS$ | (195,323) | 1,944,850 | 1,749,527 | PDF p. 34 |
| FY2026 other changes | ||||
| Total non-cash flowsS$ | (80,346) | 16,455 | (63,891) | PDF p. 34 |
Original report: PDF p. 34 ↗
Abbreviated: FY2025 sub-rows (interest paid, lease payments, director's loans, bank repayments; FY2025 total cash flows (664,223)/482,155/(182,068) and non-cash 215,901/1,286/217,187) and FY2026 sub-rows not all itemised. 'Total cash flows' and 'Total non-cash flows' shown are FY2026 block.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 30 June 2026 (shares as at 30 Jun 2026 / 29 Jul 2026 as labelled) | Source |
|---|---|---|
| Financial summary | ||
| RevenueS$ million | 3.85 | PDF p. 4 |
| Production segmentS$ million | 2.14 | PDF p. 4 |
| Management and Events segmentS$ million | 1.71 | PDF p. 4 |
| Profitability and cash position | ||
| Loss before taxationS$ million | 2.55 | PDF p. 4 |
| Cash and cash equivalentsS$ million | 0.40 | PDF p. 4 |
| Share capital and per share indicators | ||
| Loss per sharecents (¢) | 1.29 | PDF p. 4 |
| Existing ordinary shares in issue (30 Jun 2026)shares | 197,999,998 | PDF p. 4 |
| Enlarged share capital Post-Debt Capitalisation (29 Jul 2026)shares | 214,363,634 | PDF p. 4 |
Original report: PDF p. 4 ↗
Percentages printed on the page (38.5%, 52.9%, 0.5%, 42.2%, 41.1%) are not clearly attributed to individual figures in the extracted text and were not extracted.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Basic loss per share, S$ | 2025Basic loss per share, S$ | 2026Diluted loss per share, S$ | 2025Diluted loss per share, S$ | Source |
|---|---|---|---|---|---|
| Loss attributable to equity holders of the Company | |||||
| CompanyS$ | (2,560,051) | (1,795,950) | (2,560,051) | (1,795,950) | PDF p. 51 |
| Loss per share | |||||
| Interest expense on convertible loan (Note 19)S$ | - | - | 34,438 | - | PDF p. 51 |
| Weighted average number of sharesshares | 197,999,998 | 197,999,998 | 197,999,998 | 197,999,998 | PDF p. 51 |
| Conversion of convertible loan (1)shares | - | - | 10,714,286 | - | PDF p. 51 |
Original report: PDF p. 51 ↗
1. Based on the principal amount of convertible loans as at 30 June 2026 of S$750,000 at S$0.07 per share.
2. Anti-dilutive. The fully diluted loss per share is the same as the basic loss per share.
Total diluted weighted shares printed: 208,714,284 (2026) and 197,999,998 (2025); diluted loss after interest adjustment (2,525,613) (2026), (1,795,950) (2025).
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Loss per share (Singapore cent) | |||
| - Basic and dilutedSingapore cent | (1.29) | (0.91) | PDF p. 33 |
Original report: PDF p. 33 ↗
Where the money comes from
| Item / unit | 2026S$ | 2025S$ | Source |
|---|---|---|---|
| Revenue | |||
| Total revenue for reportable segmentsS$ | 3,847,520 | 6,256,819 | PDF p. 54 |
| Loss before taxation | |||
| Total loss before taxation for reportable segmentsS$ | (834,850) | (254,614) | PDF p. 54 |
| Other corporate expensesS$ | (1,718,701) | (1,541,336) | PDF p. 54 |
| Assets | |||
| Total assets for reportable segmentsS$ | 944,974 | 1,172,195 | PDF p. 54 |
| Other unallocated assetsS$ | 636,234 | 1,241,779 | PDF p. 54 |
| Liabilities | |||
| Total liabilities for reportable segmentsS$ | 2,990,873 | 2,057,346 | PDF p. 54 |
| Liabilities for other segmentsS$ | 1,522,759 | 753,509 | PDF p. 54 |
Printed unlabeled subtotal lines: loss before taxation total (2,553,551) (1,795,950); assets total 1,581,208 2,413,974; liabilities total 4,513,632 2,810,855 (2026, 2025). Not given as rows because the printed lines have no label.
Footnote: * Comprise plant and equipment, right-of-use asset and intangible asset and exclude deferred tax assets and finance lease receivable (relates to additions to non-current assets in the segment table).
Segment performance is measured by segment profit/(loss) before taxation and unallocated expenses. Other operations relate to general corporate activities and others.
| Item / unit | 2026S$ | 2025S$ | Source |
|---|---|---|---|
| Major customers | |||
| Customer AS$ | 445,650 | 887,880 | PDF p. 54 |
| Customer BS$ | - | 999,700 | PDF p. 54 |
Revenue from both customer A and B are attributed to the production segment.
| Item / unit | 2026S$ | 2025S$ | Source |
|---|---|---|---|
| Revenue | |||
| SingaporeS$ | 3,585,747 | 6,107,274 | PDF p. 54 |
| MalaysiaS$ | 9,000 | 61,959 | PDF p. 54 |
| GermanyS$ | - | 37,329 | PDF p. 54 |
| United KingdomS$ | - | 34,757 | PDF p. 54 |
| IndonesiaS$ | 44,000 | 12,000 | PDF p. 54 |
| Hong KongS$ | 208,773 | 3,500 | PDF p. 54 |
Total printed as 3,847,520 (2026) and 6,256,819 (2025), unlabeled.
Segment revenue is based on the geographical locations of customers. All of the Group's non-current assets are located in Singapore. The Group operates principally in Singapore.
Debt
| Item / unit | 2026Group carrying amount, S$ | 2026Group contractual undiscounted cash flows, S$ | 2026Group within one year, S$ | 2026Group after one year but within five years, S$ | 2025Group carrying amount, S$ | 2025Group contractual undiscounted cash flows, S$ | 2025Group within one year, S$ | 2025Group after one year but within five years, S$ | Source |
|---|---|---|---|---|---|---|---|---|---|
| The Group Non-derivative financial liabilities | |||||||||
| Lease liabilities (Note 14)S$ | 89,631 | 91,211 | 91,211 | - | 365,300 | 380,035 | 237,824 | 142,211 | PDF p. 56 |
| Borrowings (Note 15)S$ | 2,511,305 | 2,595,000 | 2,595,000 | - | 550,000 | 550,000 | - | 550,000 | PDF p. 56 |
Maturity profile of financial liabilities based on contractual undiscounted cash flows. No 'after five years' column is printed.
Maturity profile based on contractual undiscounted cash flows.
| Item / unit | 2026Company carrying amount, S$ | 2026Company contractual undiscounted cash flows, S$ | 2026Company within one year, S$ | 2026Company after one year but within five years, S$ | 2025Company carrying amount, S$ | 2025Company contractual undiscounted cash flows, S$ | 2025Company within one year, S$ | 2025Company after one year but within five years, S$ | Source |
|---|---|---|---|---|---|---|---|---|---|
| The Company Non-derivative financial liabilities | |||||||||
| Lease liabilities (Note 14)S$ | 89,631 | 91,211 | 91,211 | - | 365,300 | 380,035 | 237,824 | 142,211 | PDF p. 56 |
| Borrowings (Note 15)S$ | 2,511,305 | 2,595,000 | 2,595,000 | - | 550,000 | 550,000 | - | 550,000 | PDF p. 56 |
Same values as Group 2026 for lease liabilities and borrowings.
Same values as Group 2025 for lease liabilities and borrowings.
| Item / unit | 2026S$ | 2025S$ | Source |
|---|---|---|---|
| Non-current | |||
| Director’s loanS$ | - | 550,000 | PDF p. 50 |
| Current | |||
| Director’s loanS$ | 1,800,000 | - | PDF p. 50 |
| Convertible loanS$ | 711,305 | - | PDF p. 50 |
| Total current borrowings (unlabelled subtotal)S$ | 2,511,305 | - | PDF p. 50 |
The director’s loan is unsecured, interest-free and repayable on demand on or after 1 July 2026, if necessary, depending on the cash flow requirements of the Group and the Company.
As at 30 June 2025, the loan is classified as non-current.
The convertible loan, issued with a nominal amount of S$750,000 in December 2025, is due for full repayment at par in December 2026. Interest of 8% per annum is charged and payable quarterly. The loan is convertible into ordinary shares of the Company in the event of a default payment at the repayment date, based on S$0.07 per share.
The borrowings are denominated in Singapore Dollar.
Convertible loan liability component reconciliation: proceeds 750,000; transaction costs paid (40,150); net proceeds 709,850; amount classified as equity (17,983); accreted interest 34,438; interest paid (15,000); liability component at end of year 711,305.
On 29 July 2026 the director’s loan of S$1,800,000 was capitalised through issue of 16,363,636 new ordinary shares at S$0.11 per share.
| Item / unit | 2026The Group, S$ | 2025The Group, S$ | 2026The Company, S$ | 2025The Company, S$ | Source |
|---|---|---|---|---|---|
| Non-Current Liabilities | |||||
| Lease liabilitiesS$ | - | 139,935 | - | 139,935 | PDF p. 32 |
| BorrowingsS$ | - | 550,000 | - | 550,000 | PDF p. 32 |
| Current Liabilities | |||||
| Lease liabilitiesS$ | 89,631 | 225,365 | 89,631 | 225,365 | PDF p. 32 |
| BorrowingsS$ | 2,511,305 | - | 2,511,305 | - | PDF p. 32 |
Note references: Lease liabilities Note 14, Borrowings Note 15.
| Item / unit | 2026S$ | 2025S$ | Source |
|---|---|---|---|
| Undiscounted lease payments due | |||
| - Year 1S$ | 91,211 | 237,824 | PDF p. 49 |
| - Year 2S$ | - | 142,211 | PDF p. 49 |
| - Year 3S$ | - | - | PDF p. 49 |
| Total undiscounted lease payments (unlabelled)S$ | 91,211 | 380,035 | PDF p. 49 |
| Lease liabilities | |||
| Less: Unearned interest costS$ | (1,580) | (14,735) | PDF p. 49 |
| Represented by | |||
| - Non-currentS$ | - | 139,935 | PDF p. 49 |
| - CurrentS$ | 89,631 | 225,365 | PDF p. 49 |
The lease liabilities relate to a retail outlet, which are secured by the lessor’s titles to the leased assets.
Interest expense on lease liabilities of S$10,980 (2025 - S$22,381) is recognised in profit or loss under finance costs (Note 19).
Total cash outflow for leases amounted to S$195,323 (2025 - S$664,223).
Lease liabilities are denominated in Singapore Dollar.
Total net lease liability 89,631 (2025: 365,300) printed as unlabelled total.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend policy | The Company does not have a fixed dividend policy. The form, frequency and amount of future dividends on the Company’s shares will depend on the Company’s earnings, general financial condition, results of operations, capital requirements, cash flow, general business condition, development plans and other factors as the Directors may, in their absolute discretion, deem appropriate. Therefore, there is no assurance that dividends will be paid in the future or of the amount or timing of any future dividends. The Company may declare an annual dividend subject to the approval of the shareholders in a general meeting, but the amount of such dividend shall not exceed the amount recommended by the Directors. The Directors may also declare an interim dividend without the approval of shareholders. | Company | PDF p. 23 |
Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Foo Kon Tan LLP | Foo Kon Tan LLP | Group and Company, FY ended 30 June 2026 | PDF p. 32 |
| Engagement partner | Kong Chih Hsiang Raymond | Group and Company | PDF p. 32 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Going concern dependency | The going concern assumption is dependent on the continued financial support from | Group and Company | PDF p. 29 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Emphasis of matter | Our opinion is not modified in respect of this matter. | Group and Company | PDF p. 30 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Recoverability of finance lease receivable, trade receivables and contract assets, and amounts due from a subsidiary | The recoverability of Group’s finance lease receivables, trade receivables and contract | Group and Company · As at 2026-06-30 | PDF p. 30 |
Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow ANNUAL REPORT 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.