FBS Global shares surge 12.20% after-hours after securing $20M construction materials supply partnership.

FBS Global surged 12.20% in after-hours trading following the announcement of a strategic supply chain partnership targeting $20 million in construction materials procurement through December 31, 2027. The collaboration with Fastfixs Systems and Linyi Metal Products aims to secure critical materials like steel and aluminum at prices below Singapore market levels, enhancing procurement efficiency and supporting project execution for the company’s expanding commercial and public infrastructure pipeline. The partnership also includes joint tender participation and supply chain coordination, positioning FBS Global to strengthen competitiveness in project bids and reduce costs. The CEO highlighted the agreement’s role in bolstering upstream sourcing capabilities and disciplined project delivery, aligning with the company’s focus on high-specification construction projects.