Event Time doesn't Follow Timezone Difference in Microsoft Outlook

When subscribing Confluence Team Calendar in Microsoft Outlook, the event is displayed without reflecting timezone difference.

Steps to Replicate

1. Login using User A with timezone setting GMT+8
2. Create a new calendar named Meeting List with timezone GMT+8
3. Create a new event named Night Meeting for '<Today's Date> 20:00 until 21:00'
4. Login using User B with timezone GMT+6 (use a PC with timezone GMT+6)
5. Add existing calendar Meeting List
6. Night Meeting event will be shown as '<Today's Date> 18:00 until 19:00'
7. Subscribe to Meeting List calendar to get the ICS Link for Microsoft Outlook
8. Open Microsoft Outlook and subscribe to Confluence Team Calendar by using the ICS Link in the previous step
9. In Microsoft Outlook, Night Meeting is still displayed as '<Today's Date> 20:00 until 21:00'. It should be displayed as '<Today's Date> 18:00 until 19:00'