KUALA LUMPUR (March 21): FSBM Holdings Bhd (KL:FSBM) has signed its sixth partnership for 2025, entering into two memorandums of collaboration (MOCs) with Dataprep Holdings Bhd (KL:DATAPRP) to enhance cybersecurity, e-money, and software services.  

In a statement on Friday, the company said the first MOC, between FSBM Solutions Sdn Bhd and Dataprep, will focus on the development and enhancement of cybersecurity and e-money solutions.

FSBM Solutions will provide consulting services in cybersecurity, e-money, and related technologies, while Dataprep will contribute its expertise in cybersecurity software, e-wallet solutions, and associated technologies.

This agreement takes effect immediately, and will remain in place for five years. 

The second MOC, signed between UNOS Sdn Bhd and Dataprep, focuses on software development and related areas, with UNOS providing consulting services and Dataprep offering its expertise.

This agreement will last for two years. 

FSBM is focusing on developing its information technology (IT) services segment. Its range of services includes digital solutions and services, such as platform design and development, technical support and maintenance services, cybersecurity services and smart manufacturing solutions.

At Friday’s closing bell, FSBM shares were unchanged at 21 sen, valuing the company at RM108 million. The stock is down almost 13% year-to-date.