175 Annual Report 2024 25. Income tax expense The major components of income tax expense for the years ended 31 December are: Group 2024 2023 $’000 $’000 Current income tax Current income taxation – Singapore 2,784 1,969 – Foreign 9,454 6,672 Over provision in respect of previous years (2,982) (121) 9,256 8,520 Deferred income tax (credit)/expense Origination and reversal of temporary differences – Singapore (360) (736) – Foreign 103 (996) (Over)/under provision in respect of previous years (3) 110 (260) (1,622) Tax expense 8,996 6,898 Withholding tax 241 195 Tax expense 9,237 7,093 Tax expense recognised in the statement of comprehensive income 9,237 7,093 NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2024
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