Totm Technologies Faces Shareholder Push for EGM

Totm Technologies Limited (SG:42F) has released an update.

Totm Technologies Limited has received a requisition notice from shareholders holding over 10% of the company’s shares, calling for an extraordinary general meeting to potentially revoke the board’s authority to issue new shares. The board is currently seeking legal advice and urges shareholders to exercise caution when trading the company’s stock. Developments will be communicated to shareholders in due course.

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