TOTM Technologies Limited has entered into a non-binding memorandum of understanding (MOU) with Agentis Intelligence Pte Ltd, a Singapore-based company specialising in data analytics and blockchain solutions. The MOU seeks to explore joint opportunities in developing secure and scalable digital identity ecosystems for large-scale public sector and enterprise digital transformation projects.
The partnership aims to leverage TOTM’s expertise in biometric and digital identity solutions alongside Agentis’ capabilities in blockchain technologies and decentralised infrastructure. This strategic collaboration is non-exclusive and will initially last for two years, with the possibility of renewal upon mutual agreement.
TOTM Technologies’ Board of Directors confirmed that none of its directors or substantial shareholders have any direct or indirect interest in Agentis or the MOU, aside from their shareholdings in the company. The company plans to make further announcements regarding material developments and any definitive agreements resulting from this MOU.
Shareholders and potential investors are advised to exercise caution when dealing with the company’s securities, as there is no certainty that definitive agreements will be executed. TOTM Technologies encourages stakeholders to seek professional advice if they have any doubts about their actions.