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AMOUNTS DUE TO RELATED PARTIES (Tables)
 12 Months Ended
Dec. 31, 2022
Amounts Due To Related Parties  
SCHEDULE OF AMOUNTS DUE TO RELATED PARTIES

Amounts due to related parties consisted of the following:

 

          
   As of December 31, 
   2022   2021  
   $’000   $’000  
          
Due to related parties           
- P4 Engineering Industrial Pte Ltd(1)   907    481  
- Yin Zhan Holdings Pte Ltd(2)   510    -  
Due to directors   15,750    15,471  
            
Due to related parties   17,167    15,952  

 

The entities are related parties of the Company as follows:

 

(1) Mr. James Lim, Ms. Lee NG and Ms. Maggie Lim are the directors of P4 Engineering Industrial Pte Ltd. Mr. James Lim and Ms. Lee NG are the shareholders and they hold 100% in P4 Engineering Industrial Pte Ltd.
(2) Mr. James Lim is the director and shareholder, and he holds 51% stake in Yin Zhan Holding Pte Ltd.

 

The amounts are unsecured, interest-free and non-repayable on demand.