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Totm Technologies Limited ( (SG:42F) ) has shared an announcement.
TOTM Technologies’ wholly owned subsidiary InterBio has secured renewed and additional contracts in Indonesia worth over S$6.1 million for 2026, reinforcing its role in the country’s national digital identity infrastructure. Together with consortium partner IconPlus, InterBio will continue to provide annual technical support for the maintenance of Indonesia’s National ID system and supply additional Automated Biometric Identification System licences under a twelve‑month contract from the Ministry of Home Affairs, with InterBio’s share valued at about S$6.08 million. Separately, InterBio has also won its first contract in the maritime digital solutions space as part of the KSO MCP BKI Consortium, delivering a maritime cloud platform for integrated maintenance and real‑time operational monitoring across 160 vessels for PT ASDP Indonesia Ferry in 2026, adding roughly S$0.08 million in revenue and marking a strategic diversification into a new sector.
More about Totm Technologies Limited
TOTM Technologies Limited is a Singapore-based technology company focused on digital identity and biometric solutions, operating through subsidiaries such as PT. International Biometrics Indonesia (InterBio). The Group plays a significant role in Indonesia’s national digital infrastructure, particularly in maintaining and supporting the country’s National ID system, and is also expanding into digital solutions for the maritime sector.
Average Trading Volume: 2,513,112
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$36M
For an in-depth examination of 42F stock, go to TipRanks’ Overview page.