Aug. 21 at 2:08 AM
$ARBB ARB IOT Group Limited (ARBB), trading on NASDAQ, closed at
$5.30 with a market capitalization of roughly
$9.36 million. The company designs and supplies Internet of Things (IoT) and AI-enabled tech solutions, posting trailing twelve-month revenues of about
$265.07 million MYR (
$56M–
$58M USD range equivalent) against a net loss of
$58.51 million MYR.📌
Operations & Business Model
Core Focus: Provides design, installation, testing, and system integration of IoT systems, automated mechatronic works, and smart devices.
Emerging Tech Verticals: Expanded into specialized agricultural AI equipment, deploying smart palm-farming systems, AI drones, and automated fertilization robots for plantations.
Key Segments: Operates primarily via the provision of hardware/software IoT solutions alongside investment holding and corporate functions.
Leadership: Headed by Chairman and CEO Kok Leong Liew alongside CFO and Director Kok Wah Ng.