Ramssol’s Rider Gate Named JPJ Digital Services Partner

Rider Gate wins JPJ appointment to offer digital motorcycle services, enhancing its used-bike platform and supporting Ramssol’s growth.

Subscribe to our Instagram Channel for instant news & updates!

Malaysia’s motorcycle market, one of the most active two-wheel ecosystems in Southeast Asia, moves toward a digital upgrade as Ramssol Bhd strengthens its foothold in the sector. The Road Transport Department (JPJ) has appointed its wholly-owned subsidiary, Rider Gate Sdn Bhd (RGSB), as a collection agent for motor vehicle digital services, Maybank Research said in a note.

A Major Win for the Motorcycle Community

For the country’s 15-million-strong motorcycle users and thriving second-hand market, paperwork has long been a friction point. This is especially during ownership transfers, licence renewals, and settlement of summonses.

Rider Gate’s new mandate directly targets these pain points.

Over a two-year period, RGSB will facilitate:

• Digital motorcycle ownership transfer registrations
• Road tax and licence renewals
• Electronic summons payments

The formalisation of the agreement is expected by 1Q 2026, paving the way for a more seamless, end-to-end digital experience for riders.

Strengthening Rider Gate’s Used Motorcycle Platform

Maybank Research highlighted that the new JPJ services sit perfectly within the core function of Rider Gate, Ramssol’s online marketplace dedicated to second-hand motorcycles.

The integration of transfer and regulatory services within the same ecosystem:

• Removes common transaction bottlenecks
• Improves trust and transparency for buyers and sellers
• Creates a smoother handover process for pre-owned bikes

With these additions, Rider Gate evolves from being just a marketplace into a full-service digital hub for motorcycle ownership and compliance.

Revenue Contribution Expected to Rise in 2026

Maybank expects Rider Gate’s contributions to gradually scale up across 2026, potentially accounting for 5–10% of Ramssol’s FY26 revenue.

However, the research house maintained its existing earnings forecasts for FY25–27 because it had already factored in contributions from the platform.

Ramssol retains a BUY rating from Maybank, with a target price of RM1.35, pegged to a 17x FY26E P/E ratio.

What Could Drive Further Upside

Maybank noted that Ramssol could see additional momentum from:

• Tax incentives that boost margins
• Faster-than-expected expansion of its AutoTech services, especially those serving the two-wheel market
• Growth in its AI Cloud segment, which may support smarter digital mobility solutions

Riding Into a More Connected Motorcycle Future

With JPJ placing its trust in Rider Gate for nationwide digital services, Ramssol is shaping itself into a key player in Malaysia’s motorcycle digitalisation wave. As the used-bike market continues to grow and riders demand more convenient, online-friendly solutions, Rider Gate’s expanded role could become a defining catalyst for the country’s modern motorcycle economy.