So, meaning ARBB IOT business must be achieving certain scale, otherwise how can it be listed on the NASDAQ stock exchange, right?

What is the above announcement meant?

ARB BERHAD (“ARB” OR “THE COMPANY”)
PROPOSED LISTING OF THE COMPANY’S INTERNET OF THINGS ("IOT”) BUSINESS ON THE
NATIONAL ASSOCIATION OF SECURITIES DEALERS AUTOMATED QUOTATIONS (“NASDAQ”)
STOCK EXCHANGE
1. INTRODUCTION
The Board of Directors of ARB (“Board”) wishes to announce that the Company is considering
to list its IOT business on the NASDAQ Stock Exchange ("Proposed Listing”).
The details of the Proposed Listing have yet to be determined. Nevertheless, the Company’s
subsidiary (which holds the IOT business) to be listed is envisaged to remain as a subsidiary of
the Company after completion of the Proposed Listing. A detailed announcement in relation to
the Proposed Listing will be made in due course pursuant to the Main Market Listing
Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing
Requirements”) once the Company has finalised and approved the structure of the Proposed
Listing.
2. RATIONALE AND BENEFITS OF THE PROPOSED LISTING
The Proposed Listing will enable ARB to list its IOT business on NASDAQ, a globally
recognised stock exchange.
The rationale and benefits of the Proposed Listing are as follows:-
(i) To promote a clearer segregation of business responsibilities and operations for the
Company’s existing IOT business, thereby enabling the management of the Company to
efficiently allocate its resources to accelerate the expansion and growth of the IOT
business;
(ii) To provide the Company’s IOT business with direct access to a new fund-raising platform
which would increase the financial flexibility for the Company’s IOT business to pursue its
expansion and growth opportunities;
(iii) To allow the Company’s IOT business to gain recognition from its own separate listing
status thus enhancing its corporate reputation, business profile and visibility which in turn
may allow it to achieve greater market penetration and wider customer base;
(iv) To enable the Company to unlock the value of its investment in its IOT business through
the share offering exercise under the Proposed Listing, thus enhancing the value for its
shareholders; and
(v) To widen the investor base of the Company’s IOT business through the participation of the
global investing community.
3. APPROVALS AND OTHER REGULATORY REQUIREMENTS
The Company will obtain the necessary approvals from the relevant authorities (i.e. United
State Securities and Exchange Commission, Bursa Securities and any other relevant
authorities and/or parties, if required) for the Proposed Listing as well as the shareholders’
approval at a general meeting to be convened.
The Company will make further announcement(s) in relation to the Proposed Listing in due
course as and when required pursuant to the Listing Requirements.
This announcement is dated 22 February 2022.

Thanks tc2012.

What is the wa expiry date n conversion price? Anyone know? Thanks.

Anyone know when is the warrant listed and at what price? Thanks.

ARB BERHAD (“ARB” OR THE “COMPANY”)

DETAILS OF THE PROPOSED RIGHTS ISSUE:

Hydroponics IOT Solutions on 50 acres of land in Gua Musang,
Kelantan. For this project, the Group estimates that it would be able to install up to 4
greenhouses for every acre of land.
Based on the abovementioned estimated cost of RM0.275 million per greenhouse and
a total of 200 greenhouses to be installed, the Group estimates its initial funding
requirement for the provision of Hydroponics IOT Solutions to be approximately
RM55.00 million.

=> Example of the potential of this Hydroponic farming:

Hydroponic farming profit in India
On a 5000 square feet area
The margin of profit- 69000 INR/Month = RM 3868 / month / 5000 square feet

55 acres in Gua Musang = 2395800 square feet, potential profit margin = 3868 x 2395800 / 5000 = RM 1,853,390 / month (estimation)

1 year = ~22 millions profit.

The above just an example of the estimated calculation for sharing purpose only and may not represent the actual, depending on the selling price of the crops.

Malaysia will be focusing on modernisation and smart farming methods as it aims to transform the country’s agrofood sector in the next decade......=> it is a new trend for smart farming.

Farming methods to be updated
By JOSEPH KAOS JR
NATION
Tuesday, 26 Oct 2021

KUALA LUMPUR: Malaysia will be focusing on modernisation and smart farming methods as it aims to transform the country’s agrofood sector in the next decade, says Datuk Seri Ismail Sabri Yaakob.

The Prime Minister said the new National Agrofood Policy 2021-2030 (DAN 2.0) will continue the momentum and success of its predecessor launched in 2011.

He said since the launch of the policy, the contribution of the agrofood sector to the country’s gross domestic product (GDP) has seen an average annual growth of 6.8% up to 2020.

“This is an almost 100% increase compared with the GDP growth in 2010. Total food exports also increased at an average annual growth rate of 6.4%, from RM18.1bil to RM33.7bil (during the same period).


“Indeed, today’s agrofood sector provides an added value and has the potential to increase the income of participants in the supply chain.

“DAN 2.0 aims to continue the agrofood sector development agenda, with a focus on efforts to improve the country’s food security.

“These efforts will be successful through modernisation and smart agriculture as well as by strengthening the agrofood value chain.

“The policy will also prioritise efforts to increase productivity as well as improve the income and quality of life of producers,” the Prime Minister said in a recorded speech at the launch of DAN 2.0.

Ismail Sabri said the focus on modernisation and smart agriculture would be supported by financing funds, investment incentives, and manpower to increase the adoption of Fourth Industrial Revolution (IR4.0) technologies.

“Research and development, as well as commercialisation and innovation, will be the pulse of the development of the agrofood sector,” he added.

Ismail Sabri said the implementation period of DAN 2.0, which is until 2030, was in line with the 2030 Sustainable Development Agenda.

He added that smart agriculture was also one of the Key Economic Growth Activities outlined in the Shared Prosperity Vision 2030.

Through DAN 2.0’s framework and action plan, Ismail Sabri said the country was targeting an average annual growth of the agrofood sector to be at 4.5% during the 12th Malaysia Plan period.

Agriculture and Food Industries Minister Datuk Seri Dr Ronald Kiandee said the ministry is confident of Malaysia’s agrofood sector’s ability to grow further.

“Throughout the pandemic, many sectors suffered a downturn, but the agrofood sector was the only one that showed positive growth.

“With such a comprehensive plan, and with close monitoring by the ministry, the agrofood sector will continue to expand,” he said after the launch event.

智能农业推动农业食品转型·首相：冀改善国家粮食安全【视频】

25/10/2021 08:18 PM
（吉隆坡25日马新社讯）首相拿督斯里依斯迈沙比里指出，在2021至2030年国家农业食品政策下，现代化与智能农业策略将是农业食品领域成功转型的游戏规则改变关键。



他说，研发、商业化及创新将是农业食品领域的发展核心，而通过融资资金、投资奖励及人力的推动，将提高工业4.0的技术采纳水平。




“与此同时，多个政府研究机构、本地及私立大专的合作，也就促成国家农业食品政策成功。



他今日通过社交媒体发布国家农业食品政策（DAN2.0）推介礼演词时，这么说。



依斯迈沙比里解释，农业食品政策符合2030年可持续发展议程，旨在继续推进农业食品领域发展议程，特别是努力改善国家粮食安全。



“这次政策重点专注在提高食品生产者的生产力、收入及生活素质。”

他提到，智能农业也是2030年共享繁荣愿景中的主要经济成长活动之一。



他说，在9月23日联合国粮食系统峰会上，已提出通过农业食品政策落实国家粮食系统转型。



他强调，国家粮食系统必须继续加强，以便更具韧性及可持续，特别是能够应对全球危机及未来的新冠疫情，这包括提高与生产、加工、分销、准备、食品安全及营养有关活动的网络绩效。



依斯迈沙比里说，通过政策框架及行动计划文件，预计在第12大马计划期间，农业食品领域将年均增长4.5%。



他补充，之前推行的国家农业食品政策表现亮眼，农业食品领域在2020年的国内生产总值年均增长6.8%，比2010年增加近100%，同期食品出口年均增长6.4%，从181亿令吉增至337亿令吉。

KUALA LUMPUR, MALAYSIA - Media OutReach - 13 October 2021 - Main Market-listed information technology ("IT") software and platform provider ARB Berhad (KLSE:7181) ("ARB" or "Group") launches its self-developed virtual shareholders' meeting ("VSM") – ARB WeMeet to provide companies and shareholders with a stress-free, intuitive and enriched experience.



ARB Berhad Executive Director Dato Sri' Larry Liew Kok Leong (拿督斯里刘国良) said: "We're excited with the launching of WeMeet, our state-of-the-art Virtual Shareholders' Meeting, that will serve the needs of shareholders and companies in the "New Normal". Since the beginning of the pandemic, we have been working tirelessly to develop a virtual meeting solution, leveraging on our expertise in the digital space and our understanding of the importance of corporate governance and engagement with shareholders. We are thrilled that it's finally ready to serve the market, and we have ensured that our solutions are at a competitive rate, making it easier for our corporate clients to shift towards virtual meetings."



ARB WeMeet are critical tools that will help to revolutionize how companies conduct their annual meetings and engage with shareholders. There are a lot of advantages to conducting a virtual meeting over a physical meeting as it enables shareholders to participate in the meeting remotely easily. In the wake of the COVID-19 pandemic, most corporates and shareholders have realized the importance of the VSMs tool. According to Computershare data, 40% of the Annual General Meetings (AGMs) globally were conducted virtually during the first seven months of 2021 as compared to just 27% in 2020.



ARB WeMeet's offering includes state-of-the-art video and audio experience, role-based meeting views, comprehensive meeting management tools and real-time Q&A functionality.



"One of the criticisms on virtual shareholders meeting is the lack of engagement with shareholders, and the system might be open to abuse. With WeMeet, we are sure that the platform allows for a highly engaging and modern virtual experience, starting with a seamless meeting authentication, a "Zoom-like" meeting experience and real-time Q&A functionality," Dato' Sri Larry Liew said.



He added that the platform also provides an integrated console to manage all aspects of the VSM experience, including seamless management of high-quality video and audio, streamed from multiple presenters, screen sharing, meeting materials management and voting.



"WeMeet ensures that the voting process is transparent and that the meeting is open for engagement with shareholders." Dato' Sri Larry Liew said, adding that shareholders democracy, particularly retail investors' access to boards will not be eroded with WeMeet solutions.



Given that all the public listed companies in Malaysia, Singapore, Indonesia, Thailand, Australia would need to organize an annual general meeting on a yearly basis, excluding the extraordinary general meeting, this would provide a huge potential for ARB. Based on the Group's internal target to capture 30% of these market, WeMeet is expected to generate a lucrative yearly recurring income for the Group.



According to Dato' Sri Larry Liew, the rollout of WeMeet in Malaysia is the first phase and while the VSM solution is competitive, he is confident that the Group's competitive pricing and viable solutions that address some of the concerns over the virtual meeting, put ARB in a good position to capture the market. Most of the Annual Meeting of shareholders will now be conducted exclusively online by remote communication. This decision was made in light of the Covid-19, public health concerns and required limits on public gatherings.



"We're also looking beyond Malaysia by bringing in global audience. It is our intention to help these corporates to shift towards digital as it has always been our priorities. Given the potential of WeMeet and the sustainable business model, we believe that this will be a launching pad for us to expand our offerings. We welcome partnership collaboration in Asia-Pacific region to grow our market," he said.

SOURCE:
ARB Berhad

CATEGORY:
Technology

PUBLISHED ON:
13 Oct 2021

Berani Kerana benar!

All the major media had been published on the above coal issue which declared by Jaks. How can it still be fake news?

南洋财经新闻
煤炭成本可转嫁 捷硕:越南盈利不受影响
2021年10月11日
（吉隆坡11日讯）近期煤炭价格波动，但捷硕资源（JAKS，4723，主板建筑股）今日大派定心丸，指该公司在越南JAKS Hai Duong发电厂的盈利不会受到影响。

捷硕资源今日发布文告解释，这是因为煤炭价格已转嫁给承购方越南电力公司。 同时，该公司已与越南煤炭矿产工业集团（Vinacomin）签署长达25年的煤炭供应协议，并可在当地采购电厂所需的煤炭。

有鉴于此，该集团表示，公司并未面临全球煤炭价格波动的风险。

另外，政府在第12大马计划中指出，会从总值4000亿令吉的发展开销中拨出一大部分来改善东马的基础建设，捷硕资源因此对东马业务保持乐观。总执行长洪南坡称，将把握好这潜在商机，扩大东马业务。

周一闭市，捷硕资源报44.5仙，起1.5仙或3.49%，成交量1570万3700股。

Berani kerana benar!

OOMMGG/ Ah Seng, well said. You have all my respect. Thank you for speaking out the truth. Berani Kerana benar!

Don't know why my comment had been deleted by someone purposely?

Yes, this is a great news and ARBB will sky-rocketing soon. Accumulate if you have the bullets . No chance to get current price once the engines start.

It is KNM show time. This counter is still under value stock and good potential.

Yup, tiap-tiap hari kepala pusing, finally can have peace in mind. Hopefully can maintain like this and provide more constructive info about this counter,

Yes, you will have to pay 20 sen to convert to mother share. Meaning that if you have bought the PA at current price 16.5 sen, you need to take 20sen out plus 16.5 sen => total cost will be 36.5 sen to convert to mother sen. By calculation on paper, you are actually earn 2.5 sen, but it will take some time about 2 weeks for the conversion to happen. So, there is a risk if the price of both mother and pa share drop during this conversion period. If you are prepared to hold for long terms, then it should be fine as The future prospect is good for this counter.

......continue.....
"We create value by providing a tailor-made solution for our JV partners, designed to generate an immediate impact on sales and profits. At the same time, it also improves our business as we allow our JV partners to cross-sell their products and upsell packages to end customers, hence creating a synergistic relationship," he added.

"The Group will continue to look for opportunities that might open up amidst the crisis, observe the market situation and adapt to what is needed in the current market to ensure the sustainable growth to the Group," Dato' Sri Liew said.

In FY20, the Group's net profit grew by nearly 25% year-on-year (y-o-y) to RM43.46 million, on the back of a 114% surge in revenue to RM219.45 million. It staged a turnaround in FY18 with a net profit of 4.23 million and continued to grow its bottom line to RM32.8 million for FY19. The Group has continually achieved its steady three-year earnings growth in revenue and net profit since 2018.

With 2021 set to be a year of recovery, underpinned by an improvement in business sentiment, ARB's outlook appears to be positive.

ARB would be a key beneficiary of an increase in capital expenditure among businesses to digitalise their internal operations.

Currently, the Group has one of the lowest price-to-earnings ratios in the technology sector at just 4.6 times as of 22 February 2021 as compares with other technology industry players such as Mi Technovation Bhd (64.4 times), Inari Amerton Bhd (63.5 times) and ViTrox Corp Bhd (88.8 times).

About ARB Berhad
ARB Berhad ("ARB" or "Company") is incorporated in Malaysia under the ACT in October 1997 and was listed on the Main Market of Bursa Malaysia Securities Berhad in February 2004.

The Company is primarily an IT software and platform provider company.

It's business operates predominantly in two (2) business areas:
1. Enterprise Resource Planning ("ERP") - designing and reselling of customised ERP solutions
2. Internet of Things ("IoT") - integrated solutions in the systems, engineering, procurement, commissioning, and management of IoT systems

Its expertise lies in empowering businesses through digital transformation and technology integration.




Source: ARB Berhad

ARB Berhad upbeat about its cloud-based IT solutions


KUALA LUMPUR, Feb 23, 2021 - (Media OutReach) - In the past three financial years, ARB Berhad ("ARB" or "Group") has not only staged a very successful turnaround but has also consistently registered substantial net profit growth. As recent as the fourth quarter of the financial year 2020, the Group achieved a massive leap of 55% in the bottom line.

The Group's success in breaking away from its decade-long losses lies in its strategic diversification into the field of enterprise resource planning (ERP) and Internet of Things (IoT) solutions.

To date, ARB is amongst the lowest in terms of valuations when compared to its peers in the technology sector. The Group had also managed to deliver meaningful growth to its shareholders despite facing the negative influence of the pandemic.

ARB is in a net cash position, with cash and cash equivalents worth RM24.5 million against zero borrowings as of 31 December 2020.

Looking ahead into 2021 and beyond, ARB's upward growth momentum is poised to continue, underpinned by the immense potential in digitalisation among businesses and the Industry 4.0 agenda.

After posting its record-high net profit in the financial year of 2020 (FY20), the Group is confident of achieving a more robust performance in the current FY21.

ARB's Executive Director Dato' Sri Larry Liew Kok Leong said that the Group aims to expand its geographical presence and access various new industry sectors by taking advantage of cross-border business opportunities in 2021.

"In line with our regional expansion plan, we intend to collaborate with local partners to extend our footprint in our information technology (IT) Segment in other countries through the acquisition of business and technologies," he said.

A key growth strategy for 2021 would be ARB's move in providing more cloud-based product offerings, which would be achieved through the execution of partner-ecosystem in growing industries.

At the domestic front, Dato' Sri Liew said ARB plans to work closely with government-linked companies, multinational corporations and public listed companies as envisaged under its 2021 business plan.

"Our cloud solutions have proved to improve management efficiency and accelerate a business' digitalisation initiatives. At the same time, the solutions would also help to achieve cost-effectiveness," according to Dato' Sri Liew.

Moving forward, the Group also intends to expand into new horizontal markets such as providing cloud-based solutions to facilitate the new norm of business needs.

"As part of the growth strategy driven both organically and through strategic acquisitions, we are delivering innovative solutions in new categories, including Big Data analysis, e-commerce solutions, IoT platform for 5G and data cybersecurity, and expect to continue grow these businesses in the future," said Dato' Sri Liew.

He added further that the Group will accelerate rolling out IoT platform-based smart home solutions that have been gaining traction, especially among households in the urban area.

ARB's IoT platform would be able to integrate a wide range of electrical appliances, allowing multi-connection and readiness of artificial intelligence learning features for the ease of use of home occupants.

According to Dato' Sri Liew, ARB's growth prospects are intact as it is well-positioned in two promising operating segments, namely, ERP and IoT. Our ERP and IoT segments will drive alignment, focus and growth while sharpening our partners' focus. In addition, we are excited to see our IoT solutions business return to growth by serving more enterprises, further building on our annualised recurring revenue.

Based on the statistics by Frost & Sullivan, the Malaysian IoT market is expected to grow at a compound annual growth rate (CAGR) of 24.7% from US$2.2 billion in 2019 to reach US$10.3 billion by 2026.

Meanwhile, the Malaysian ERP market is projected to grow from US$120 million to reach US$255 million in 2026, growing at a CAGR of 11.4% in the same period.

"ARB's unique cloud-based ERP business model reduces the Group's dependence on external technology vendors and allows it to capture a bigger share of the value pool generated from the collaborations.

Dato' Sri Liew expects the ERP segment to remain as the main revenue contributor for ARB in FY21, with continued recurring income potential.

The ERP segment is expected to deliver 65% of total turnover, while the remaining will be contributed by the IoT business. Both segments are expected to be in line with the global initiative in advancing into the new era of Industry 4.0.

Ekovest on RSS target last week https://www.bursamalaysia.com/misc/missftp/securities/securities_equities_rss_2021-01-08.pdf

cskek81 yes, it is real!
https://zingnews.vn/nha-may-nhiet-dien-bot-hai-duong-van-hanh-thuong-m...
22/08/2020 1:44 PM ===>

=>Google translate:

CONSUMER
Hai Duong BOT Thermal Power Plant went into commercial operation in late September
Moc Tra 12:00 11/08/2020 Under the attention of the leaders of Hai Duong province and the investor speeding up the progress, the Hai Duong BOT Thermal Power Plant in Quang Thanh Commune will be commercially operated by the end of September. .
Hai Duong BOT Thermal Power Plant was started construction in 3 years, from 2016. The plant has 2 generator units with a capacity of 600 MW / group, using coal-fired raw materials, with modern combustion technology. ensure environmental factors. When completed, each year, the plant will provide 7.5 billion kWh of electricity to the national grid system, contributing to overcoming the risk of power shortages in the coming time. The factory has a total investment of about 2.2 billion USD, built on an area of ​​nearly 200 hectares in Quang Thanh commune (Kinh Mon district).

Representative of Jaks Power Co., Ltd., the investor unit of Hai Duong BOT Thermal Power Plant, said that at 22:00 on August 7, the company successfully synchronized Unit 1 into the national grid. The unit is running idle. In the coming days, the company will continue to test the reliability of the grid and carry out evaluation activities to put into commercial operation by the end of September. Unit 2 will operate after Unit 1 about 3. month.

Hai Duong BOT Factory Mr. 1
The plant has successfully synchronized unit 1 into the national grid.
The Covid-19 translation significantly affected the progress of the project, especially since January, the test run of Unit 1 had to be halted due to lack of Chinese labor experts. However, during the construction and construction of the factory, Hai Duong province identified this as one of the important projects in the province.

Accordingly, the provincial leaders are always interested in directing the functional sectors and Kinh Mon district to step in with the investor to remove difficulties, speed up the project implementation to soon put the factory into operation and achieve effective.

Provincial leaders assessed that the put into operation of the Hai Duong BOT Thermal Power Plant project will have a positive impact on the socio-economic development of Hai Duong province in particular and the country in general.

https://www.malaysiastock.biz/News.aspx?newsID=107146

Attarat Power Plant , Jordan progress update.

约旦阿塔拉特油页岩电站项目1号机组循环流化床锅炉低温烘炉一次成功
2020-02-14来源:中国火力发电网 点击: 241次
近日，中国能建南方建投广东火电EPC总承包建设约旦阿塔拉特油页岩电站项目1号机组循环流化床锅炉低温烘炉一次成功，为1号机组点火试运奠定了基础。
该锅炉为世界最大的油页岩锅炉，炉膛宽度40米，受热面积非常大，为了确保烘炉过程中汽包正常水位，不干烧，因此烘炉中、后期投用了启动锅炉、除氧器、给水泵等系统，各项参数正常。此次烘炉在炉膛燃烧器、炉膛、回料器、旋风分离器进出口烟道、COD烟道人孔门处共布置25台烘炉机，炉升温分为常温～150摄氏度、150～250摄氏度和250～350摄氏度三个阶段，烘炉完成后进行自然冷却。烘炉过程中，工作人员严格按照烘炉曲线控制升温速率，严密监视烘炉点各处烟气温度并做好记录，定期对燃油管道进行巡检，确保燃油完全燃烧，避免产生有害气体。
阿塔拉特电站项目是全球最大的油页岩电站，建设两台净出力235兆瓦循环流化床汽轮机空冷发电机组。项目投产后，供电量达37亿千瓦时，可以满足约旦全国近五分之一的用电需求，这个被誉为建在戈壁滩上的“希望工程”，将成为串起“一带一路”的明珠，助力约旦实现油页岩发电之梦。