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ARB IOT Group Limited ( (ARBB) ) just unveiled an update.
ARB IOT Group Limited, through its subsidiary ARBIOT Sdn. Bhd., terminated a smart home and building development project in Selangor, Malaysia, on April 10, 2025, due to budget and scope challenges exacerbated by unfavorable market conditions. This decision is not expected to materially impact the company’s financial condition. On April 14, 2025, ARB IOT announced a significant contract worth approximately $53 million to supply AI servers to Whizzl Group, marking a strategic advancement in AI infrastructure and reinforcing the company’s position in the AI and data center sectors.
More about ARB IOT Group Limited
ARB IOT Group Limited is a provider of comprehensive solutions for the integration of Internet of Things (IoT) systems and devices, offering services from design to project deployment. The company specializes in system integration and support services, delivering holistic solutions that include installation, testing, and commissioning of IoT systems and automated systems.
YTD Price Performance: 6.41%
Average Trading Volume: 3,749,405
Technical Sentiment Signal: Strong Buy
Find detailed analytics on ARBB stock on TipRanks’ Stock Analysis page.