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Totm Technologies Limited ( (SG:42F) ) has issued an announcement.
InterBio, TOTM Technologies’ Indonesian subsidiary, secured an additional contract via reseller IconPlus to issue roughly 3.5 million Automated Biometric Identification System licences valued at IDR 9.6 billion under Indonesia’s ongoing national ID enrolment and biometric deduplication programme, reinforcing customer confidence in the unit’s capabilities and execution discipline. The expanded licence mandate deepens TOTM Technologies’ role in Indonesia’s biometric infrastructure rollout, signalling sustained operational momentum and potentially strengthening the Group’s market positioning in large-scale identity projects.
More about Totm Technologies Limited
TOTM Technologies Limited is a Singapore-based integrated identity management and biometric solutions provider that supports large-scale public sector and enterprise deployments worldwide, drawing on strategic technology partnerships and experience with national biometric databases exceeding 200 million citizens.
Average Trading Volume: 2,387,454
Technical Sentiment Signal: Strong Sell
Current Market Cap: S$31.5M
For an in-depth examination of 42F stock, go to TipRanks’ Overview page.