Company: OTSA
Filing Date: 2025-05-23
Form Type: DRS/A
Source: 0001213900-25-047247
Chunk: 292

Company: OTSAW Ltd
Filing Date: 2025-05-23
Form: DRS/A
Chunk 292
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 1,656 |   |
|                                                  |     |     71,686 |   |     |      1,656 |   |

The Company’s main operating subsidiaries are incorporated in Singapore and accordingly are subject to an income tax rate of 17% (2023: 17%). As at the reporting date, the Group has unutilised tax losses of USD 15,369,613 (2023: USD 10,584,770), available for offset against future profits. No deferred tax asset has been recognised due to the uncertainty in the availability of future taxable profit. 9.Earnings per share (i)Basic and dilutive earnings per share Basic earnings per share are calculated by dividing the net profit attributable to equity holders of the Company by the weighted average number of ordinary shares outstanding during the financial year. For the purpose of calculating diluted earnings per share, profit attributable to equity holders of the Company and the weighted average number of ordinary shares outstanding are adjusted for the effects of all dilutive potential ordinary shares. There are no potentially dilutive outstanding securities for the years ended April 30, 2024 and 2023.

|                                                                                                 |     |       2024 |   |     |       2023 |   |
|                                                                                                 |     |        USD |   |     |        USD |   |
| Net loss attributable to equity holders of the Company                                          |     | (6,295,133 | ) |     | (5,898,182 | ) |
| Weighted average number of ordinary shares outstanding for basic and diluted earnings per share |     | 91,384,656 |   |     |     10,000 |   |
| Basic and diluted earnings/(loss) per share (USD per share)                                     |     |      (0.07 | ) |     |    (589.82 | ) |

F-24

OTSAW LIMITED AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024 10.Property, plant and equipment

| USD                      |     | Right-of use-asset |   |     |           |   |     | Owned assets |   |     |           |   |     |           |   |     |          |   |     |          |   |     |             |   |     |             |   |     |           |   |
| Group                    |     |           Premises |