SINGAPORE, 1 July 2025 – VisionTech Pte Ltd (“VISION”),
a Singapore-based generative AI company, has entered a strategic partnership with FSBM Holdings Berhad
(“FSBM”) through its wholly-owned subsidiary, FSBM I-Design Sdn. Bhd. (“FSBM I-Design”). This
agreement follows a Memorandum of Understanding (“MoU”) signed on 16 January 2025 and marks a key
milestone in VisionTech’s goal to accelerate AI-driven transformation in Malaysia.

Under the partnership, VisionTech will localize and advance its Generative AI technology to address
challenges specific to Malaysia’s industries. FSBM I-Design will lead market execution—including sales,
customer engagement, technical support, training, and promotional activities—while VisionTech supports
with sales tools, technical expertise, and onboarding resources.

Both parties will co-develop go-to-market strategies tailored to different sectors. As part of the launch,
FSBM hosted “FSBM’s GEN AI FORUM 2025” this morning, which welcomed over 80 senior leaders and
tech professionals from 50 organizations.

Looking forward, the partnership may expand to include a Joint Venture (“JV”) in Malaysia and the
co-development of new AI-powered solutions. The collaboration aims to strengthen local market presence
and deliver impactful, scalable technology offerings.

Mr. William Ng, Executive Director of FSBM I-Design, commented: “This agreement marks a
significant step in FSBM’s ongoing efforts to enhance our AI and digital innovation capabilities. It
strengthens our position as a forward-thinking technology leader committed to delivering scalable solutions
that drive industry transformation.”

Mr. Cheong Chen Khan, FSBM’s newly appointed Executive Deputy Chairman, also
expressed his commitment to this partnership, calling it his first strategic project under his leadership. This
collaboration signals FSBM’s renewed momentum in the AI and digital transformation space, marking the
beginning of a new chapter focused on innovation, agility, and regional expansion.

Mr. Lim Hui Jie, Founder and CEO of VisionTech, stated: “This partnership with FSBM represents our
shared vision to localize and scale our generative AI capabilities for the Malaysian market. We are excited
to collaborate with FSBM I-Design to accelerate AI adoption and co-develop impactful, market-specific
solutions that will help businesses increase productivity and foster innovation.”

More about this partnership: VisionTech & FSBM Partnership (https://visiongroup.co/visiongroup-spreads-its-wings-to-m…)

About FSBM Holdings Berhad
FSBM Holdings Berhad (“FSBM”), incorporated in 1984, is a Malaysian technology leader specializing in
Intelligent Application & Digital Solutions, Managed Security Services, and Smart Manufacturing
Solutions.

For more information, please log on to https://fsbm.com.my/

About VisionTech
VisionTech Pte Ltd is a Singapore-based generative AI company focused on developing solutions to boost
sales, streamline operations, and overcome manpower challenges.

For more information: https://visiongroup.co/

Contact
VisionTech Pte Ltd
hello@visiongroup.co
+65 6909 9249

VisionTech is specialised in integrated AI-Human-Centric Solutions to drive business growth.

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