Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 103

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 103
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aw Technology Solutions Pte. Ltd, which directly held: a) 60% of Otsaw Swisslog Healthcare Robotics Pte. Ltd. (subsequently increasing to 73.33% on January12, 2023, 86.66% on November16, 2023, 93.3% on January11, 2024, and 100% on January20, 2025); b) 60% of Otsaw Swisslog Healthcare Robotics GmbH (subsequently increasing to 73.33% on January12, 2023, 86.66% on November16, 2023, 93.3% on January11, 2024, and 100% on January20, 2025), as the wholly owned subsidiary of Otsaw Swisslog Healthcare Robotics Pte. Ltd.; and c) 100% of Otsaw Technology Pte. Ltd. (formerly known as North Star Technology Pte. Ltd.). Otsaw Digital Pte. Ltd. was held by Ararrat Capital Pte Ltd (47.53%), Serial System International Pte Ltd (19.90%), Koh Choon Hui (16.02%), Goh Way Siong (10.41%) and other smaller shareholders. As of the date of this prospectus, (i) the authorized share capital of Otsaw Limited is US$50,000 divided into (i) 499,999,999 Class A Ordinary Shares and (ii) 1 Class B Ordinary Share, of which 98,924,489 Class A Ordinary Shares and 1 Class B Ordinary Share are issued and outstanding, and (ii) Otsaw Limited is majority owned by Ling Ting Ming (28.22%), Serial System International Pte Ltd (15.68%), Koh Choon Hui (9.76%), Goh Way Siong (7.89%) and Waichun Logistics (5.79%), respectively. 59 Organization Chart The chart below sets out our corporate structure as of the date of this prospectus and upon completion of this offering. * Mr. Ling Ting Ming owns the single Class B Ordinary Share in Otsaw Limited pre- and post -offering , and his total voting power pre- and post -offering is 55.1% and [•]% respectively. The pre -offering voting power of Mr. Koh Choon Hui, Serial System International Pte Ltd and the minority shareholders is 6.1