Ramssol Group Berhad (“Ramssol”), human capital management (HCM) solutions and technology provider, is seeking to raise RM25.09 million from its initial public offering (IPO) on Bursa Malaysia on 13 July 2021. If you are looking at Ramssol with interest, here are 9 things to know before you invest.

  1. Group structure overview

The Group was formed on 17 May 2021 after the acquisition of Rams Malaysia (RAMS Solutions Sdn Bhd) is a wholly-owned subsidiary, and its group structure upon listing is as follows:

(Source: IPO prospectus)

Ramssol is an investment holding company. The principal activities of its subsidiaries are as follows:

Company Principal activities
Rams Malaysia Business of software development and advisory
Rams Singapore Provision of human resource consultancy services to corporate clients
Rams Vietnam Provision of management consulting services for enterprises
Rams Thailand Provision of information technology consultancy services
Feets Malaysia Provision of internet-related services concerning the business of mobile application, electronic commerce, information systems integration and administration; provision