【RAMSSOL 0236 交流专区】

icy97

RAMSSOL GROUP BERHAD

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-16072025-00002
Subject	Proposed disposal of 40.00% equity interest in Rider Gate Sdn. Bhd., a wholly owned subsidiary of the Company ("Proposed Disposal")
Description	Proposed disposal of 40.00% equity interest in Rider Gate Sdn. Bhd., a wholly owned subsidiary of the Company ("Proposed Disposal")
Query Letter Contents	We refer to your Company’s announcement dated 14 July 2025 in respect of the aforesaid matter (“Announcement”). In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1. Financial information of Rider Gate and SAGTEC including net profits attributable to the Company and net assets based on their latest audited financial statements respectively. 2. Weighted average market price for SAGTEC shares for the 5 market days before the date on which the terms of the Proposed Disposal were agreed upon. 3. Share capital and number of issued shares of SAGTEC. 4. Ms. Zuria Hajar binti Mohd Adnan’s direct and/or indirect shareholdings in SAGTEC. 5. A statement as to whether the Consideration Shares are to be sold or retained. 6. Particulars of: any liabilities, including contingent liabilities, in relation to the Proposed Disposal which remain with Ramssol, together with the details and justification for such arrangements; and any guarantees given by Ramssol to SAGTEC or Rider Gate. 7. To clarify whether “Company” in the sentence “Ramssol warrants and guarantees that the Company shall deliver a profit after tax of no less than USD1,000,000.00 in the following one full financial year after Completion” in Section 3.5 of the Announcement should be replaced with “Rider Gate”. 8. A statement whether the profit guarantee provided is realistic, taking into consideration the historical performance and future prospects of Rider Gate. 9. Details of SAGTEC’s right of recourse in the event the profit guarantee is not met. 10. Prospects of SAGTEC. 11. Details/nature of the valuation including the name of the independent valuer, date and method of valuation and quantification of the market value in relation to the Valuation Report mentioned in Section 14.0.
Unless otherwise stated, the terms used in this announcement shall have the same meaning as defined in the Company’s announcement dated 14 July 2025 (“Announcement”). Reference is made to the Announcement and the query letter from Bursa Malaysia Securities Berhad dated 16 July 2025 (Ref IQL-16072025-00002) in relation to the Proposed Disposal. Please refer to the attachment for the additional information of the Proposed Disposal. This announcement is dated 17 July 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3572136

Attachments RAMSSOL - Rider Gate Bursa Query reply.pdf