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Ramssol Group Berhad (Malaysia)

Main Activities: Software Publishers | Offices of Other Holding Companies
Full name: Ramssol Group Berhad Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

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.

Headquarters
B-04-05, Tamarind Square, Persiaran Multimedia, Cyber 10
Cyberjaya; Selangor; Postal Code: 63000

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Website: http://www.ramssolgroup.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2019
Key Executives
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Chairman
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Chief Executive Officer
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Chief Operating Officer
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Secretary
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Secretary
Ownership Details
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23.92%
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8.09%
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5.74%
Subsidiaries
Rams Fintech Sdn Bhd
100%
Rider Gate Sdn. Bhd.
100%
Company Performance
Financial values in the chart are available after Ramssol Group Berhad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
91.38%
Total operating revenue
91.23%
Operating profit (EBIT)
128.02%
EBITDA
152.04%
Net Profit (Loss) for the Period
104.63%
Total assets
55.36%
Total equity
61.8%
Operating Profit Margin (ROS)
5.17%
Net Profit Margin
1.72%
Return on Equity (ROE)
1.95%
Debt to Equity Ratio
-6.24%
Quick Ratio
1.88%
Cash Ratio
-0.23%

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