Totm Technologies Limited (SG:42F) has released an update.
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TOTM Technologies Limited has announced the successful incorporation of its joint venture company, Presight TOTM AI Ltd., following the fulfillment of all conditions outlined in their previous agreements. This new partnership between TOTM Tech SG Pte Ltd and Presight AI Ltd. is expected to proceed without materially impacting the parent company’s net tangible assets or earnings per share for the financial year ending in May 2025. The venture signifies a strategic expansion for TOTM Technologies without direct involvement from the company’s Directors or substantial shareholders.
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