Totm Technologies

Markets

The not-so-great pivot

Companies in Singapore have diversified and pivoted their businesses following the pandemic, to a host of mixed results.

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.

New appointments

Eneco Energy appoints Ngo Yit Sung as executive director

Ngo was previously the executive director of TOTM Technologies till February 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.
TOTM Technologies wins contract worth US$5.4 million with Indonesian law enforcement agency - THE EDGE SINGAPORE

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.
Totm Technologies proposes acquisition of InterBio’s remaining 49.0% shareholding for US$46 mil - THE EDGE SINGAPORE

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.

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.
Totm Technologies looks to exit telecommunications business by selling two subsidiaries for $1,001 - THE EDGE SINGAPORE

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.
Totm Technologies to be included in MSCI Singapore Micro Cap Index - THE EDGE SINGAPORE

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.
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