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Income tax (benefit)/expense (Tables)

12 Months Ended

Jun. 30, 2025

Deferred tax expense (income) [abstract]

Schedule of component of income tax expense

The major components of income tax expense recognized in profit or loss for the periods ended June 30, 2025 and 2024 were:

	2025			2025			2024
	US$			S$			S$

Tax recognized in profit or loss
Current tax expense
Current year		-			-			383,453
Changes in estimates related to prior years		(328,165	)		(417,393	)		(2,252	)
Tax recognized in profit or loss		(328,165	)		(417,393	)		381,201
Deferred tax expense
Recognition of tax effect of previously unrecognised tax losses		-			-			(49,440	)
Deferred tax expense		-			-			(49,440	)
Tax (benefit)/expense on continuing operation		(328,165	)		(417,393	)		331,761

Schedule of reconciliation between tax expense and corporate tax rate

A reconciliation between tax expense and the product of accounting (loss)/profit multiplied by the applicable corporate tax rate for the financial periods ended June 30, 2025 and 2024 were as follows:

	2025			2025			2024
	US$			S$			S$

(Loss)/Profit before tax		(8,690,598	)		(11,053,571	)		2,404,561

Income tax using the statutory tax rate of 17% (2024: 17%)		(1,477,402	)		(1,879,107	)		408,775
Effects of:
- Non-deductible expenses		1,467,625			1,866,671			16,416
- Income not subject to tax		-			-			83,039
- Income tax exemption		(13,700	)		(17,425	)		(75,350	)
- Utilisation of capital allowance		(353	)		(449	)		(1,322	)
- Utilisation of deferred tax assets not recognised in prior year		-			-			(56,037	)
- Deferred tax asset not recognized during the financial year		23,830			30,310			7,932
- Recognition of tax effect of previously unrecognised tax losses		-			-			(49,440	)
-Underprovision in respect of prior years		279			355			-
-Overprovision in respect of prior years		(328,444	)		(417,748	)		(2,252	)
Income tax (benefit)/expense		(328,165	)		(417,393	)		331,761