Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 288

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 288
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 robots including automated guided vehicles |     |           28,170 |     |         93.3 |     | 72.7 |
| Otsaw Swisslog Healthcare Robotics Pte Ltd3 |     | 18 Nov 2021, Singapore |     | Manufacture of industrial robots including automated guided vehicles |     |        4,610,462 |     |         93.3 |     | 72.7 |
| Otsaw Oya Technology Solutions Inc.         |     | 31 Jan 2022, USA       |     | Solar photovoltaic projects and robotics solutions                   |     |               10 |     |           60 |     |   60 |
| Otsaw Logistic Pte.                         
 Ltd.4                                       |     | 18 Feb 2021, Singapore |     | Freight transport arrangement                                        |     |           75,398 |     |            — |     | 72.7 |

____________ 1On 3 May 2023, Otsaw Digital Pte Ltd became a 100% subsidiary of Otsaw Limited (note 1 — Reporting entity). 2Otsaw Digital Pte Ltd executed a share swap for minority shareholders in subsidiary Otsaw Technology Solutions Pte Ltd, minority shareholders received shares in Otsaw Digital Pte Ltd and Otsaw Limited. 3On November 16, 2023, Otsaw Swisslog Healthcare Robotics Pte Ltd converted SGD6,133,156 shareholders loan to share capital by issuing 10,000 additional shares to Otsaw Technologies Solutions Pte Ltd. Otsaw Technologies Solutions Pte Ltd effective ownership interest increased from 72.7% to 87% after the shareholder loan conversion. On January 11, 2024, Otsaw Technologies Solutions Pte Ltd increased it’s shareholding in Otsaw Swisslog Healthcare Robotics Pte Ltd by 1,333 shares through the exercise of an option relating to the Swisslog asset acquisition on 1 December 2021. Cash payment of SGD451,000 was made for full consideration. Otsaw Technologies Solutions Pte Ltd effective ownership interest increased from 87% to 93.3% after exercise the purchase option. 4On January 31, 2024 Otsaw Logistic Pte Ltd which was loss making and did not form part of Otsaw’s core business was sold to Mr Ling, a related party, the founder and CEO of Otsaw for consideration of