Totm Technologies Limited (“Totm Technologies” or the “Company” and, together with its subsidiaries, the “Group”) is pleased to announce that Totm Technologies will be included in the MSCI Singapore Micro Cap Index at the start of trading on 1 December 2021.
The MSCI Singapore Micro Cap Index is designed to measure the performance of the micro cap segment of the Singapore market. With 195 constituents, the index represents approximately US$12.7 billion of the free float market capitalisation of the Singapore equity universe1 . The index is based on the MSCI Global Investable Market Indexes (GIMI) Methodology — a comprehensive and consistent approach to index construction that allows for meaningful global views and cross regional comparisons across all market capitalization size, sector and style segments and combinations. This methodology aims to provide exhaustive coverage of the relevant investment opportunity set with a strong emphasis on index liquidity, investability and replicability.
Mr Pierre Prunier, Chief Executive Officer & Executive Director of Totm Technologies, said, “We are looking forward to the inclusion of the Company in the index as this is a key milestone that will enhance Totm Technologies’ trading liquidity and increase its visibility among global investors. We endeavour to step up our engagement with the investment community and promote Totm Technologies’ value proposition as a leading expert in Identity Management Solutions, especially in the space of Digital On-boarding and Digital ID. In the post-COVID-19 scenario, the global digital identity solutions market size is projected to grow from US$23.3 billion in 2021 to US$49.5 billion by 2026, representing a CAGR of 16.2% from 2021 to 20262 and the Group is poised to tap on this favourable trend.”
