ARB IOT Group Limited (ARBB)

ARB IOT Group Limited (NASDAQ: ARBB - Get Free Report) rose 1.5% during mid-day trading on Friday. The company traded as high as $5.90 and last traded at $5.90. Approximately 9,324 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 176,400 shares. The stock had previously closed at

ARB IOT Group Limited (NASDAQ: ARBB - Get Free Report)'s stock price traded up 3% on Tuesday. The company traded as high as $5.90 and last traded at $5.7550. 93,876 shares were traded during mid-day trading, a decline of 60% from the average session volume of 232,922 shares. The stock had previously closed at $5.59.

Kuala Lumpur, Malaysia, May 29, 2025 (GLOBE NEWSWIRE) -- ARB IOT Group Limited (Nasdaq: ARBB, the "Company" or “ARB IOT”), today announced that the shareholders and the board of directors of the Company approved a one-for-fifteen reverse share split of the Company's issued and unissued ordinary shares (the “Ordinary Shares”). Beginning June 2, 2025, the Company's Ordinary Shares will be trading on a split-adjusted basis under the same symbol “ARBB” but with a new CUSIP number, G0447T118, and a new par value of $0.0015 per share.

Kuala Lumpur, Malaysia, April 14, 2025 (GLOBE NEWSWIRE) -- ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) today announced that it has, through its indirect wholly owned subsidiary, ARB R1 Technology Sdn Bhd, successfully entered into a contract valued at approximately USD53.0 million to deliver cutting-edge AI data centre server solutions to Whizzl Group. This agreement represents a major step forward in advancing AI infrastructure capabilities for the AI industry in Malaysia.

Kuala Lumpur, Malaysia, April 03, 2025 (GLOBE NEWSWIRE) -- ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) has introduced its advanced AI-powered plantation mapping system which is seamlessly integrated with drone technology (“Smart AI Drone”), designed to revolutionise plantation management. This innovative technology aims to optimize the plantation mapping processes, enhance efficiency and crop yields, and boost sustainability and productivity in modern agriculture.

Kuala Lumpur, Malaysia, March 27, 2025 (GLOBE NEWSWIRE) -- ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) has unveiled its AI-powered fertilizer system that seamlessly integrates the intelligent multi-functional agricultural robot (“Smart AI Robot”). This innovation is set to revolutionize modern farming by optimising fertilisation processes, enhancing crop yield, and promoting sustainable farming. This advanced AI-powered robot represents a significant leap forward in precision agriculture.

Kuala Lumpur, Malaysia, March 20, 2025 (GLOBE NEWSWIRE) -- ARB IOT Group Limited ("ARB IOT" or the "Company") (NASDAQ: ARBB) is pleased to announce that its wholly-owned subsidiary, ARB Agro Technology Sdn Bhd, has secured an additional order to manage approximately 2,000 acres of palm oil plantation via the Smart IOT Palm Farming System through its wholesaler, further expanding its market reach and reinforcing its commitment to delivering high-quality products to a broader customer base. It is expected to increase the Company's yearly recurring revenue of approximately USD 13 million.

Kuala Lumpur, Malaysia, March 11, 2025 (GLOBE NEWSWIRE) -- ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) is pleased to announce that its wholly-owned subsidiary, ARB Agro Technology Sdn Bhd through its exclusive wholesaler, distributor, and system integrator, Whizzl Sdn Bhd, has obtained an order to manage 3,000 acres of palm oil plantations with its AI Smart IoT Palm Farming System which is expected to enhance the operational efficiency of the palm oil estates and improve the yield in the Sabah region, Malaysia. Palm oil production is a major industry in Malaysia, and palm oil is one of the country's leading agricultural exports globally.

Kuala Lumpur, Malaysia, March 11, 2025 (GLOBE NEWSWIRE) -- ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) today announced that it has, through its indirect wholly owned subsidiary, ARB Agro Technology Sdn Bhd, appointed Whizzl Sdn Bhd ("Whizzl") as its exclusive wholesaler, sole distributor, and system integrator for its smart IOT palm farming system (the “Smart IOT Palm Farming System”) in the regions of Sabah and Sarawak.

Kuala Lumpur, Malaysia, March 04, 2025 (GLOBE NEWSWIRE) -- ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) today announced that it has, through its indirect wholly owned subsidiary, ARB IOT Group Sdn Bhd, signed an artificial intelligence (AI) Products Supply Agreement with Gajah Kapitalan Sdn Bhd (“GKSB”), an entity dedicated to empowering Malaysian businesses through technological innovation, with a focus on delivering advanced computing systems for enterprises, research institutions and developers in Malaysia. This agreement paves the way for ARB IOT to supply 500 units of state-of-the-art ARB-222 AI servers (“AI Products”) to provide high-performance immersible computer servers to GKSB in a deal valued at approximately US$45.0 million.

Kuala Lumpur, Malaysia, Feb. 27, 2025 (GLOBE NEWSWIRE) -- ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) has, through its indirect wholly owned subsidiary, ARB IOT Group Sdn Bhd, signed a Memorandum of Understanding (“MOU”) to set up an AI data centre experimental laboratory, a state-of-the-art facility designed for advanced research and AI application development. This initiative is in partnership with a UKM startup (the “UKM Startup”) affiliated with the Institute of Visual Informatics of Universiti Kebangsaan Malaysia, a leading research university in Malaysia (“IVI-UKM”), and Gajah Kapitalan Sdn Bhd (“GKSB”).

Kuala Lumpur, Malaysia, Nov. 05, 2024 (GLOBE NEWSWIRE) -- - ARB IOT Group Limited (“AIGL” or the “Company”) (NASDAQ: ARBB) announced the signing of a Memorandum of Understanding (the “MOU”) between its indirect wholly owned subsidiary, ARBIOT Sdn Bhd, with ASUSTeK Computer Inc. (“ASUS”) and ServerSphere to collaborate on global artificial intelligence (AI) server solutions. This strategic partnership aims to combine each party's expertise and resources to provide comprehensive AI server solutions, accelerating the global AI revolution.

Selangor, Malaysia, June 27, 2024 (GLOBE NEWSWIRE) -- ARB IOT Group Limited ("ARB" or the "Company") (NASDAQ: ARBB), a provider of complete solutions to clients for the integration of Internet of Things (“IoT”) systems and devices from designing to project deployment, today announced that on June 25, 2024, it received a written notification letter (the “Notification Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of US$1.00 per share.

ARB IOT (NASDAQ: ARBB ) stock is rocketing higher on Tuesday alongside heavy trading and an update on a shareholder of the Malaysia-based Internet of Things (IoT) company. A filing with the Securities and Exchange Commission (SEC) shows that ARB BERHAD holds a 28.38% stake in ARB IOT.

Four small issuers began trading this past week. Two small IPOs submitted initial filings.