Strategic Supply Chain Collaboration Aims to Support Project Execution, Bolster Material Sourcing and Enhance Procurement Efficiency
Singapore, March 12, 2026 — FBS Global Limited (Nasdaq: FBGL) (“FBS” or the “Company”), a green building contractor and interior fit – out expert with over 30 years of operational history, today announced a strategic supply chain partnership. This partnership is designed to support the Company’s growing construction project pipeline by improving access to crucial building materials and enhancing procurement efficiency.
The collaboration is anticipated to strengthen FBS Global’s upstream sourcing capabilities and support the Company’s capacity to execute technically complex construction projects in Singapore’s commercial, industrial, and public infrastructure sectors. The strategic procurement arrangement might allow the Company to source certain materials at target prices lower than the prevailing market prices in Singapore, potentially improving procurement efficiency and enhancing the Company’s competitiveness in future project tenders.
The agreement has been made by Finebuild Systems Pte Ltd, the Company’s Singapore – based operating subsidiary, along with Fastfixs Systems Pte Ltd and Linyi Metal Products Co., Ltd., establishing a framework for long – term cooperation regarding the supply of key construction materials and industrial metal products.
The partnership aims for procurement volumes of around US$20 million by December 31, 2027, to support Finebuild’s expanding project pipeline and its ongoing involvement in commercial and public infrastructure developments.
Under the agreement, the parties will collaborate on strategic procurement, supply chain coordination, and project opportunity referrals. The arrangement is designed to facilitate access to critical construction materials, such as steel, aluminum alloys, stainless steel, and related building components, to support efficient project execution.
In addition to material supply, the parties plan to collaborate on project opportunities and industry relationships when appropriate, including the potential for joint participation in construction tenders when suitable.
Kelvin Ang, Chief Executive Officer of FBS Global, commented, “As our secured project pipeline continues to expand across commercial and public infrastructure developments, maintaining a resilient and cost – effective supply chain becomes increasingly crucial. This strategic procurement partnership strengthens our upstream material sourcing capabilities while ensuring disciplined project execution across our platform.”
Mr. Ang continued, “By establishing long – term collaboration with experienced supply and manufacturing partners, we believe this cooperation may improve supply chain coordination and support our ability to execute projects efficiently.”
The agreement provides a framework that governs pricing, quality standards, compliance procedures, and delivery arrangements. Specific procurement transactions will be carried out through purchase orders issued by Finebuild Systems according to project requirements.
FBS Global continues to focus on increasing its participation in technically challenging commercial and public infrastructure projects across Singapore while strengthening the operational capabilities that support disciplined project delivery.
About FBS Global Limited
FBS Global Limited (Nasdaq: FBGL) is a construction and building systems specialist concentrating on high – specification, execution – driven projects in commercial, industrial, and public sector markets. The Company undertakes technically complex additions and alterations (A&A), retrofitting, insulation systems, lead – lined drywall partitions, false ceiling installations, and integrated interior build – outs.
With more than 30 years of operating experience, FBS targets projects that require precision engineering, regulatory compliance expertise, and coordinated multi – system execution. The Company is focused on expanding its secured project pipeline, increasing participation in public infrastructure works, and driving disciplined, execution – led growth.
The agreement represents a strategic cooperation framework and does not constitute a binding purchase commitment.
For more information, please visit the Company’s website at https://www.fbsglobal.com.sg/.
Forward – Looking Statements
This press release contains forward – looking statements as defined by the U.S. Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about project execution, expected revenue realization, growth strategy, expansion plans, and future performance. Words such as “may,” “will,” “expect,” “intend,” “plan,” “believe,” “anticipate,” and similar expressions are used to identify forward – looking statements.
Forward – looking statements are based on current expectations and assumptions that are subject to risks and uncertainties, including risks related to project execution, customer performance, regulatory requirements, competition, and general economic conditions. Additional risks and uncertainties are described in the “Risk Factors” section of the Company’s filings with the U.S. Securities and Exchange Commission. Actual results may differ significantly from those expressed or implied in forward – looking statements. The Company has no obligation to update any forward – looking statements, except as required by law.
Investor Relations Contact:
Crescendo Communications, LLC
Email: fbgl@crescendo – ir.com
Tel: +1 212 – 671 – 1020