Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 327

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 327
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 beginning of the earliest period presented. These unaudited condensed consolidated six months financial statements comprise Otsaw and its subsidiaries (collectively the “group” and individually “group companies”). The group is primarily involved in telepresence robot services, development of telepresence robotic software and investment holding. The unaudited condensed consolidated financial statements of the Company for the six months ended October 31, 2024 are authorised for issue by the Board of Directors on March 1, 2025. Basis of measurement The unaudited condensed consolidated six months financial statements have been prepared on the historical cost basis with the exception of certain financial instruments which have been fair valued. Functional and presentation currency These unaudited condensed consolidated six months financial statements are presented in United State Dollar (USD), which is the Group’s presentation currency. The Group’s functional currencies are Singapore Dollar (SGD), Euro (EUR) and United State Dollar (USD). F-49

OTSAW LIMITED AND ITS SUBSIDIARIES
NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FOR THE SIX MONTHS ENDED OCTOBER 31, 2024 AND 2023 1.Reporting entity (cont.) As of October 31, 2024, the Group’s principal subsidiaries consist of the following:

| Name of subsidiaries                       
 Otsaw Digital Pte Ltd                      |     | Date and Country 
 of incorporation 
 4 May 2015,      
 Singapore        |     | Principal activities                                                 
 Investment holding Company                                           |     | Issued and fully 
  paid/registered 
    share capital 
              USD 
       25,995,068 |     | Proportion of 
     ownership 
      interest 
           (%) 
       Oct 31, 
          2024 
           100 |     | Apr 30, 
    2024 
     100 |
|:-------------------------------------------|:----|:-----------------|:----|:---------------------------------------------------------------------|:----|-----------------:|:----|--------------:|:----|--------:|
| Otsaw Technology Solutions Pte.Ltd         |     | 23 Oct 2020,     
 Singapore        |     | Investment holding Company                                           |     |        5,190,489 |     |           100 |     |     100 |
| Otsaw Technology Pte.Ltd                   |     | 26 Oct 2020,     
 Singapore        |     | Software development and manufacture of industrial