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TOTM TECHNOLOGIES LIMITED — M&A Activity 2025
Aug 4, 2025
67406_rns_2025-08-04_6ef6a366-22a4-4c60-bd84-ca1b6b75cb29.pdf
M&A Activity
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TOTM TECHNOLOGIES LIMITED (Incorporated in the Republic of Singapore) (Company Registration No. 201506891C)
(the “ Company ”)
ENTRY INTO A NON-BINDING MEMORANDUM OF UNDERSTANDING
The Board of Directors (the “ Board ”) of TOTM Technologies Limited (the “ Company ”, and together with its subsidiaries, the “ Group ”) wishes to announce that the Company had on 4 August 2025, entered a non-binding memorandum of understanding (“ MOU ”) with Quranium SA (“ Quranium ”), a Switzerlandbased technology company focused on post-quantum secure blockchain infrastructure, AI-native applications, and quantum-resistant digital asset solutions, to explore potential collaboration opportunities (collectively, the “ Parties ”).
Purpose and Scope of the MOU
The MOU has been entered into as the Parties are desirous of exploring a potential collaboration in the areas of post-quantum cryptography and blockchain technologies, with a view to jointly identifying and developing innovative solutions for secure digital identity verification, authentication, and related infrastructure.
The cooperation is non-exclusive and subject to further definitive agreements that may be negotiated and executed between the parties. This MOU will remain in force for an initial period of six (6) months commencing from 4 August 2025 and may be renewed upon mutual agreement.
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 Quranium and the MOU other than through their respective shareholdings (if any) in the Company.
Further Announcements
The Company will make further announcements as appropriate when there are material developments arising from the MOU and when any subsequent definitive agreements are executed.
Cautionary Statement
Shareholders and potential investors are advised to read this announcement and any further announcements by the Company carefully, and exercise caution when dealing in the Company’s securities, and that is no certainty and assurance that any subsequent definitive agreements will be executed. If they have any doubts about the actions they should take, shareholders and potential investors should seek advice from their stockbrokers, bank managers, solicitors, accountants or other professional advisers.
BY ORDER OF THE BOARD
Mr. Pierre Prunier Executive Director 4 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.