  We present a complete spatial and dynamical study of the poorly populated
stellar system ESO65SC03. The radial distribution of the system gives a core
and cluster radii of 1.10+/-0.63 arcmin and 5.36+/-0.24 arcmin, respectively.
The surface number density profile (SNDP) does not show any clear enhancement
of the surface stellar number density between the stars of the system and the
field regions. We derive the optimum isochrone solution for a particular grid
size in the colour-magnitude diagram (CMD) using the statistical cleaning
procedure. Using the statistically cleaned CMDs, we find the distance modulus,
(m-M)_0, and reddening, E({B-V}), of the system to be 11.8+/-0.2 mag and 0.45
mag, respectively. The mean proper motion of this system is -5.37+/-0.81 mas/yr
and 0.31+/-0.40 in RA and DEC directions, respectively. The mean proper motion
of this system is found to be almost similar to the field region. The mass
function for the brighter stars is found to be too high for the system to be an
open cluster. These combined results place constraints on whether stellar
system ESO65SC03 is a possible open star cluster remnant (POCR) or an Asterism.
Our understanding is that the ESO65SC03 is in a stage of POCR by loosing their
main sequence stars in the dynamic evolution processes.
