Ramssol Group Berhad (Malaysia)

The Company was incorporated in Malaysia on 10 January 2019 under the Act as a private limited company under the name of Ramssol Group Sdn Bhd and subsequently converted to a public limited company on 22 September 2020 to facilitate a Listing.The Company's principal activity is in investment holding. The core business of the Company are provision of human capital management (HCM) and student management solutions like consulting and implementation, sale of software licences, and technical support and maintenance services, provision of IT staff augmentation services, and lastly provision of HCM technology applications. The company was incorporated on 10 August 2010 in Malaysia by Tan Chee Seng (our CEO), Lee Miew Lan (our COO) and another business partner (a nonrelated party who subsequently disposed all his shares in 2011 to another business partner who ceased to be a director of Rams Malaysia on 9 June 2017 and subsequently disposed his entire equity interest in Rams Malaysia on 6 June 2018 to Lee Miew Lan and Tan Chee Seng),In 2013, Rams Malaysia and Rams Singapore were registered as OPN member under Oracle PartnerNetwork Agreement of this Prospectus, which allowed them to purchase and resell Oracle Corp’s HCM software licences to their customers. In August 2020, through our subsidiary, Rams Malaysia, our Group expanded our business into the provision of IT-related training. In November 2020, our Group expanded our offerings under HCM technology application business to include the reselling of subscriptions of an enterprise unified communications platform named Zoom, developed by Zoom Video Communications, Inc that offers video conferencing, web conferencing and webinar services. The Group was formed on 17 May 2021 pursuant to the completion of the Acquisition and Rams Malaysia became a wholly-owned subsidiary of our Company.