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Totm Technologies
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The not-so-great pivot
Companies in Singapore have diversified and pivoted their businesses following the pandemic, to a host of mixed results.
June 28, 2024
Contracts
Totm Technologies subsidiary awarded contracts worth $7.5 mil from Indonesia government
InterBio will support technical support for Indonesia's national ID programme through 2024.
February 05, 2024
New appointments
Eneco Energy appoints Ngo Yit Sung as executive director
Ngo was previously the executive director of TOTM Technologies till February 2023.
July 10, 2023
Equity raising
Totm Technologies seeks to raise $8.2 mil via proposed placement of 71 mil new shares
The placement shares represent around 8.04% of the company’s existing issued and paid-up share capital.
October 29, 2022
Corporate moves
TOTM Technologies wins contract worth US$5.4 mil with Indonesian law enforcement agency
Totm Technologies will provide a strategic digital data identification system to be integrated with the National ID database.
October 19, 2022
Corporate moves
Totm Technologies proposes acquisition of InterBio’s remaining 49.0% shareholding for US$46 mil
Totm Tech first acquired 51.0% shareholding of InterBio in April 2021.
October 17, 2022
Corporate moves
Totm Technologies invests US$3.75 million in CDI with view to providing fast verification-as-a-service in Indonesia
"The Indonesian market has seenconsiderable interest in identity management solutions," says Prunier.
December 14, 2021
Corporate moves
Totm Technologies looks to exit telecommunications business by selling two subsidiaries for $1,001
The disposal of Yinda Technology Singapore and Yinda Technology (Thailand) is through a package sale for a nominal sum of $1,001.
December 10, 2021
Company in the news
Totm Technologies to be included in MSCI Singapore Micro Cap Index
The index represents some US$12.7 billion of the free float market capitalization of the Singapore equity universe.
November 12, 2021