Company: DTCK
Filing Date: 2025-12-23
Form Type: 6-K
Source: 0001683168-25-009327
Chunk: 22

Company: DAVIS COMMODITIES Ltd
Filing Date: 2025-12-23
Form: 6-K
Chunk 22
---
     |     2025 |    |
|                                   |     |      US$’000 |    |     |  US$’000 |    |
| Operating lease liabilities       |     |              |    |     |          |    |
| Current portion                   |     |              | 37 |     |          | 18 |
| Non-current portion               |     |              |  – |     |          |  – |
| Total operating lease liabilities |     |              | 37 |     |          | 18 |

| F-18 |

The following table summarizes the maturity of
operating lease liabilities as of June 30, 2025:

| Schedule of maturity of operating lease liabilities |     |         |      |
|                                                     |     |    2025 |      |
|                                                     |     | US$’000 |      |
| Future payment                                      |     |         |   18 |
| 2025 (remainder of year)                            |     |         | –(*) |
| Present value of lease liabilities                  |     |         |   18 |

| * | Denotes amount less than US$1,000 |

Finance lease

On July 17, 2023, the Company acquired a
vehicle through a finance lease agreement. The agreement entails 60 monthly installments, with an interest rate of 5.43% per annum, based
on principal amount of US$144,356. As of December 31, 2024 and June 30, 2025, the weighted average remaining lease term was 3.5 years
and 3 years.

The following table presents the
finance lease-related assets and liabilities recorded on the Company’s unaudited interim condensed consolidated balance sheets.

| Schedule of finance lease related assets and liabilities |     |              |     |   |     |          |     |   |
|                                                          |     | December 31, |     |   |     | June 30, |     |   |
|                                                          |     |         2024 |     |   |     |     2025 |     |   |
|                                                          |     |      US$’000 |     |   |     |  US$’000 |     |   |
| Motor vehicle                                            |     |              | 239 |   |     |          | 239 |   |
| Accumulated depreciation                                 |     |              | (48 | ) |     |          | (60 | ) |
| Motor vehicle, net