14.  COMMITMENTS AND CONTINGENCIES

 

The Company has capital commitments for capital expenditure amounting to $16 as at June 30, 2025, as compared to capital commitment of $65 as at  June 30, 2024.

 

Deposits with banks are not fully insured by the local government or agency and are consequently exposed to risk of loss. The Company believes that the probability of bank failure, causing loss to the Company, is remote.

 

The Company is, from time to time, the subject of litigation claims and assessments arising out of matters occurring in its normal business operations. In the opinion of management, resolution of these matters will not have a material adverse effect on the Company’s consolidated financial statements. 

 

Historical Timeline

Fiscal YearFiled
2025Sep 19, 2025Showing above
2024Sep 23, 2024
2023Sep 27, 2023
2022Sep 23, 2022
2021Oct 1, 2021
2020Sep 23, 2020
2019Sep 23, 2019
2018Sep 25, 2018
2017Sep 20, 2017
2016Sep 28, 2016
2015Sep 28, 2015

About Commitments Disclosures

Commitments and contingencies disclosures catalog a company's off-balance-sheet obligations and legal exposures — purchase commitments, guarantee arrangements, pending litigation, and regulatory proceedings. These items represent potential future cash outflows that may not appear as liabilities on the balance sheet until they become probable and estimable.

Key signals: litigation reserves and disclosed loss ranges quantify management's estimate of legal exposure, but unquantified "reasonably possible" losses often represent the larger risk. Watch for changes in language around pending cases — shifts from "remote" to "reasonably possible" or increases in estimated loss ranges signal deteriorating outcomes. Unconditional purchase obligations and take-or-pay contracts create fixed cost structures that reduce operational flexibility. Guarantee arrangements for subsidiaries or joint ventures can create cascading obligations. Compare the total commitment schedule against projected free cash flow to assess whether the company can meet its obligations without additional financing.