The Board of Directors of RAMSSOL (“Board”) is pleased to announce that RAMS Fintech Sdn. Bhd. (“RFSB”), a wholly-owned subsidiary of the Company, had on 2 September 2024 entered into a Non-Binding Memorandum of Understanding with AmBank (M) Berhad (“AmBank”) to collaborate on a program including potentially referring the users of RFSB (“Users”) to AmBank and to study and explore the use of platform to enable employees of the Users to access to advance wages on a pro-rated basis ("MOU") subject to the terms and conditions as stipulated in the MOU (“Collaboration”).

Please refer to the attachment for more details on the Collaboration. 

This announcement is dated 2 September 2024.