AI assistant
TOTM TECHNOLOGIES LIMITED — Capital/Financing Update 2025
Aug 11, 2025
67406_rns_2025-08-10_79596ad7-0f5b-409a-be77-32300adb747f.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
TOTM TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 201506891C) (the “ Company ”)
ENTRY INTO A COOPERATION AGREEMENT WITH EVVO
The Board of Directors (the “ Board ”) of TOTM Technologies Limited (the “ Company ”, and together with its subsidiaries, the “ Group ”) refers to its announcement dated 9 July 2025 (“ Previous Announcement ”), regarding the entry into a non-binding memorandum of understanding (“ MOU ”) with EVVO Labs Pte Ltd (“ EVVO ”).
Unless otherwise defined in this announcement, capitalised terms used in this announcement shall have the same meaning as ascribed to them in the Previous Announcement.
Further to the Previous Announcement, the Board is pleased to announce that, following successful negotiations with EVVO, the Company has, on 10 August 2025, entered into a binding cooperation agreement of contract value up to S$500,000 for the supply, installation and integration services of a library automated sortation system (the “ Agreement ”).
With this cooperation, TOTM will expand its reach and is now set to provide end-to-end smart library automation solutions, integrating identity management with advanced sortation technology to enhance operational efficiency and user experience in the libraries.
INTEREST OF DIRECTORS AND SUBSTANTIAL SHAREHOLDERS
To the best of the Company’s knowledge, as of the date of this announcement, none of the Directors or substantial shareholders and/or respective associates of the Company has any interest, direct or indirect in the Agreement, other than through their respective shareholdings (if any) in the Company.
BY ORDER OF THE BOARD
Mr. Pierre Prunier Executive Director 11 August 2025
This announcement has been reviewed by the Company’s Sponsor, UOB Kay Hian Private Limited (the “ Sponsor ”).
This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the “ SGX-ST ”) and the SGXT-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) 6590 6881.