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TOTM TECHNOLOGIES LIMITED — Capital/Financing Update 2025
Aug 26, 2025
67406_rns_2025-08-26_ae0b9b28-f82e-4607-b689-92f7da61786f.pdf
Capital/Financing Update
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TOTM TECHNOLOGIES LIMITED
(Incorporated in the Republic of Singapore) (Company Registration No: 201506891C)
PROPOSED PLACEMENT OF UP TO 135,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY AT S$0.0239 PER PLACEMENT SHARE
- COMPLETION
Unless otherwise defined, all capitalised terms used herein shall bear the same meanings as ascribed to them in the announcements dated 31 July 2025 and 8 August 2025 (the “ Announcements ”) and the shareholders’ circular dated 6 August 2025 (the “ Circular ”).
The Board of Directors (the " Board " or " Directors ") of TOTM Technologies Limited (the “ Company ” and together with its subsidiaries, the " Group ") refers to the Announcements and the Circular in relation to the Proposed Placement.
The Board wishes to announce that, in accordance with the terms and conditions set out in the Placement Agreement, the Company has received an aggregate amount of S$3,226,500. Accordingly, the Company has on 26 August 2025 allotted and issued 135,000,000 Placement Shares and the Proposed Placement has been completed.
The Placement Shares will rank pari passu with and carry all rights similar to the existing Shares except for any dividends, right, allotment or other distributions, the record date for which falls on or before the issue date of the Placement Shares.
Following completion, the share capital of the Company has increased from 1,364,990,616 Shares to 1,499,990,616 Shares.
The Placement Shares are expected to be listed on 28 August 2025.
By Order of the Board
Mr. Pierre Prunier Executive Director 26 August 2025
This announcement has been reviewed by the Company’s sponsor, UOB Kay Hian Private Limited (the “ Sponsor ”).
It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “ SGX-ST ”) and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr. Lance Tan, Senior Vice President, at 83 Clemenceau Avenue, #10-01 UE Square, Singapore 239920, telephone (65) 65 90 6881.
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