The Board of Directors of FSBM Holdings Berhad (“the Company”) is pleased  to announce that FSBM I-Design Sdn. Bhd., a wholly-owned subsidiary of the Company had on 13 October 2021, entered into the following agreements:-

1. application development agreement with MovingUp Mobile Sdn Bhd (“Hirer 1”) (“A&D Agreement 1”); and

2. application development agreement with Herbs Cell Nutrition Sdn Bhd (“Hirer 2”) (“A&D Agreement 2”);

to act as the independent contractor for Hirer 1 and Hirer 2 for the purpose of designing and developing an application solution which consist of a web and mobile platform for Hirer 1 with front end system (Mobile and Web Application) and back end systems (Administration Portal) based on the objectives and scope of work set out in respective agreements.

Please refer to the attachment for further details.

This announcement is dated 13 October 2021.