PETALING JAYA: FSBM Holdings Bhd
‘s managing director Pang Kiew Kun has resigned from the board of the company to focus on the development of the smart manufacturing business at the subsidiary level.
In a statement, the computers distributor said Pang’s resignation comes after successfully steering the company out of its PN17 classification and restoring financial viability.
“During his tenure, Pang (53) led the strategic repositioning of FSBM from a traditional technology services provider into a smart manufacturing and AI-driven solutions company, with a strong focus on supporting Malaysian manufacturers—particularly small and medium enterprises - in their Industry 4.0 and digitalisation initiatives.
“His leadership period included the successful upliftment of FSBM from PN17 status, marking the closure of a critical chapter in the group’s restructuring journey.”
In the same statement, Pang said he was “handing over a company with its house fully in order.”
“The accounts are reconciled, the PN17 status is resolved, and the governance framework is gradually restored. Whatever financial or strategic decisions the board takes (from tomorrow) onwards are theirs to make on this clean foundation.”
