Ramssol’s expansion into the Philippines a natural choice

Ramssol group managing director and CEO Cllement Tan Chee Seng (pic) told StarBizWeek that expanding into the Philippines was a natural choice as the group, headquartered in Malaysia, already operates across Singapore, Thailand, Vietnam and Indonesia.

Ramssol Group Bhd is optimistic about its growth prospects in light of the rapid pace of workplace digital transformation, which has been accelerated by the Covid-19 pandemic.

The human capital management (HCM) solutions and technology provider, en route to be listed on the ACE Market on July 13, will use part of its RM25.1mil initial public offering (IPO) proceeds to fund its business expansion into the Philippines (RM2.5mil) within the next 24 months, as well as growing its relatively new HCM technology applications (RM6.3mil) unit in South-East Asia.