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Commitments and Contingencies (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2024

Dec. 31, 2023

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Payments of Contractual Obligations

As of June 30, 2024, the future minimum payments under certain of the Company’s contractual obligations were as follows:

Schedule of Future Minimum Payments of Contractual Obligations 

		Payment Due In
		Total SGD				Less than 1 year				1 – 2 years				3 – 5 years				Thereafter
Bank borrowings			1,578,866				1,121,316				457,550				-				-
Financing lease			21,608				21,608				-				-				-
Operating lease			1,080,000				720,000				360,000				-				-

As of December 31, 2023, the future minimum payments under certain of the Company’s contractual obligations were as follows: 

Schedule of Future Minimum Payments of Contractual Obligations

...

		Payment Due In
		Total SGD				Less than 1 year				1 – 2 years				3 – 5 years				Thereafter
Bank borrowings			2,397,919				1,486,600				899,576				11,743				-
Financing lease			30,908				18,600				12,308				-				-

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- Definition

Tabular disclosure of key provisions of an arrangement under which the entity has agreed to purchase goods or services over a period of time greater than one year or the normal operating cycle, if longer, including the item for which expenditures will be made, minimum quantities, milestones, time period and committed amount.

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