Fischer Medical Ventures expands global reach with new subsidiary investments

Fischer Medical Ventures Limited has announced a 100% investment in a new wholly-owned subsidiary, FMV Global Innovations Pte Limited. This new entity is engaged in the wholesale of medical, professional, scientific, and precision equipment, with an initial share subscription cost of SGD 1,000 for 1,000 shares. FMV Global Innovations Pte Limited is currently a related party due to its direct wholly-owned subsidiary status.

Further expanding its global reach, Fischer Medical Ventures' existing wholly-owned subsidiary, FMV International Ventures Pte Limited, has also invested 100% in FMV Technologies Sdn Bhd. This new related party, FMV Technologies Sdn Bhd, focuses on the wholesale, export, and import of pharmaceutical and medical goods, as well as the wholesale of various goods.

Both FMV Global Innovations Pte Limited and FMV Technologies Sdn Bhd are newly incorporated companies with no applicable turnover information for the initial year. These acquisitions are considered related party transactions and involve cash consideration for the initial share subscriptions. The company issued this intimation on October 16, 2025, in compliance with SEBI Regulations.