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TOTM TECHNOLOGIES LIMITED — Capital/Financing Update 2026
Jan 2, 2026
67406_rns_2026-01-02_871dc3f0-dada-47c4-aa2e-4d80fc988999.pdf
Capital/Financing Update
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PRESS RELEASE
UPDATES ON CONTRACTS SECURED BY INTERBIO, A WHOLY-OWNED SUBSIDIARY OF TOTM TECHNOLOGIES LIMITED, SECURED RENEWAL OF EXISTING CONTRACT AND NEW CONTRACT AWARDS IN INDONESIA WITH AGGREGATE VALUE EXCEEDING S$6.1 MILLION
Singapore, 2 January 2026 – TOTM Technologies Limited (“ TOTM Technologies ” or the “ Company ”, and together with its subsidiaries, the “ Group ”) is pleased to update on the recent contracts secured by its wholly-owned subsidiary, PT. International Biometrics Indonesia (“ InterBio ”), further showcasing the Group’s presence in Indonesia’s national digital infrastructure and maritime sectors.
Annual Technical Support (“ATS”) Contract for 2026 and Issuance of Additional Automated Biometric Identification System (“ABIS”) Licences
The consortium comprising InterBio and PT Indonesia Comnets Plus (“ IconPlus ”) was awarded contracts to provide ATS for the maintenance of Indonesia’s National ID system and the issuance of additional ABIS licences. InterBio, together with its consortium partner, has been awarded the ATS contract consistently since the project’s inception in 2017.
The latest ATS contract covers a twelve-month period in 2026 and was awarded by the Directorate General of Population and Civil Registration (“ Dukcapil ”) of the Ministry of Home Affairs (“ MOHA ”), Indonesia. The scope includes ongoing system maintenance, operational support, and technical services for Indonesia’s National ID infrastructure. In relation to the ATS project, the Dukcapil also awarded the issuance of additional ABIS licences, for which IconPlus acts as InterBio’s reseller.
Based on the Group’s participation in the consortium arrangements, the contract value attributable to InterBio from the ATS and ABIS contracts is approximately IDR 79.1 billion (equivalent to approximately S$6.08 million).
Maritime Cloud Platform (“MCP”) Contract Award
In December 2025, the KSO MCP BKI Consortium, of which InterBio is a key consortium member, was awarded a MCP contract by PT ASDP Indonesia Ferry, to provide service for integrated vessel maintenance management system to 160 vessels. Through the MCP, vessel owners gain access to realtime monitoring tools that provide actionable insights into crew management, fleet operations, vessel tracking, real-time weather updates, and compliance with certification requirements. The contract is for the twelve-months period in 2026 and the contract value attributable to InterBio is approximately IDR 1.03 billion (equivalent to approximately S$0.08 million).
“ This MCP contract represents the first contract win following the formation of the MCP BKI Consortium and marks the Group’s entry into a new revenue stream in the maritime digital solutions segment, highlighting our expanding capabilities in secure, standards-compliant digital vessel
47 Scotts Road # 17-04 Goldbell Towers, Singapore 228233 Tel: +65 6970 1971
monitoring and connectivity solutions for the maritime sector. The award of the ATS contract and additional ABIS licences underscores the continued trust placed in InterBio to maintain Indonesia’s foundational National ID system. These developments demonstrate the Group’s proven ability to support mission-critical national and sector-wide infrastructure in Indonesia.” said Mr Pierre Prunier, Executive Director of TOTM Technologies Limited.
For more information and investor queries related to the release, please contact:
Tel: +65 6970 1971 [email protected]
About TOTM Technologies Limited
TOTM Technologies Limited (“TOTM Technologies” or the “Company” and together with its subsidiaries, the “Group”) is a leading integrated solutions and services provider in identity management and biometric technology.
Leveraging on its strong execution experience and the robust technology platforms from strategic technology partners, the Group’s solutions have been applied to leading public and private projects across North America, Europe, Middle East, Asia Pacific, Latin America and Africa. TOTM Technologies also manages and maintains one of the largest biometrics National ID databases in the world with over 200 million enrolled citizens.
The Group’s platforms are based on core, multimodal technologies, such as face, finger and iris biometrics, which are listed in the top tier of the National Institute of Standards and Technology (“NIST”) benchmarks. The Group is looking to expand its coverage to medical insurance, healthcare, banking electronic payments, transport, and telecommunications-related applications in the commercial sector.
The Company is listed on the Catalist Board of the SGX-ST.
For more information, please visit www.totmtechnologies.com or connect with us on LinkedIn, Instagram and YouTube.
Issued by:
TOTM Technologies Limited
This press release has been reviewed by the Company’s sponsor, UOB Kay Hian Private Limited (the “ Sponsor ”). This press release has not been examined or approved by the Singapore Exchange Securities Trading Limited (“ SGX-ST ”) and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made or reports contained in this press release. 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.
47 Scotts Road # 17-04 Goldbell Towers, Singapore 228233 Tel: +65 6970 1971