• VICOM’s annual report said activity in its vehicle-related services was supported by its role in Singapore’s ERP 2.0 migration, with more than 251,000 on-board units installed.
• The company reported 519,088 vehicle inspections and a 72.3% market share, following the closure of its Ang Mo Kio inspection center due to lease expiry.
• In non-vehicle testing, its SETSCO unit cited higher demand from manufacturing and construction customers, including electronics clients linked to AI-related semiconductors and servers.
• Expansion steps included a joint venture in Penang, Malaysia for electrical and electronics product testing, covering areas such as electromagnetic compatibility and radio frequency testing.
• The report also noted the opening of a SGD 60.0 million integrated hub at Jalan Papan that consolidates vehicle inspection and non-vehicle testing services under one roof.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VICOM Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 6SOFY5A33G4Z9ZOT) on March 23, 2026, and is solely responsible for the information contained therein.