Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 315

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 315
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 |     |    217,756 |     |         — |
|             |     | 2023 |     |         — |     |    187,407 |     |         — |
| Swisslog    |     | 2024 |     |    47,547 |     |          — |     | 1,181,900 |
|             |     | 2023 |     |    46,596 |     |          — |     | 1,308,032 |

____________ *The amounts are classified as trade receivables and trade payables, respectively. (Notes 13 & 18). **The amounts are total outstanding interest and principal. (Note 20). The amount due to shareholder primarily consists of (1) outstanding loan balance due to Serial Microelectronics Pte Ltd of US$193,909 and US$313,167, respectively, as of April 30, 2024 and 2023, for a loan of US$300,000 which was entered on January 2, 2023 with interest rate of 24% and maturity date May 31, 2023; (2) outstanding loan balance due to Mr. Ling Ting Ming of S$5,302,596 (US$3,895,531) and S$2,376,674 (US$1,781,615), respectively, as of April 30, 2024 and 2023, for a loan of S$7,000,000 at an interest rate of 12% and no maturity date specified; (3) outstanding loan balance due to Mr. Goh Way Siong of US$1,277,871 and US$0, respectively, as of April 30, 2024 and 2023, for a loan of US$1,243,170

F-35

OTSAW LIMITED AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024 21.Significant related party transactions (cont.) at an interest rate of 12% which matures on December 31, 2025 and is due to be paid upon listing of our Class A Ordinary Shares on Nasdaq; and (4) loan balance due to Ararrat Capital Pte. Ltd. with funds obtained in the prior year. The loan is unsecured, bears interest at 6% per annum and repayable