ARB IOT GROUP LIMITED EXPANDS AI FOOTPRINT INTO EAST MALAYSIA
07 Março 2025 - 6:00PM
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, appointed Whizzl Sdn Bhd
("
Whizzl") as its exclusive wholesaler, sole
distributor, and system integrator for the ARB AI workstations and
servers in the regions of Sabah and Sarawak. ARB IOT has
strengthened its commitment to meeting the surging demand in AI and
supporting the Malaysian government’s initiatives to foster digital
innovation and sustainability development.
The ARB AI workstations and servers consist of
ARB 222 and ARB 333 models, designed to support both server and
edge computing devices within the AI supply chain. By deploying a
suite of high-performance immersible computing servers and
solutions, the ARB AI workstations and servers ensure seamless
integration across the entire AI ecosystem. The rapid expansion of
cloud services has driven ARB IOT to introduce more competitive
products to the market that are able to deliver superior
performance and efficiency to meet the growing demands of the
industry.
Dato’ Sri Liew Kok Leong, CEO of ARB
IOT said, "The expansion to East Malaysia will be a new
milestone for the Company. ARB IOT has a robust growth prospect
given the evolving demand for new technology trend in AI, which
continues to gain momentum. With the collaboration with Whizzl, the
Company will be able to achieve greater market penetration and
wider customer base.
Whizzl is granted the exclusive rights to sell,
distribute, and integrate the ARB AI workstations and servers in
the regions of Sabah and Sarawak, within the territory of
Malaysia.
We are confident that Whizzl will be
well-positioned to grow and generate more value for our
shareholders. Going forward, our Company is in a good position to
expand its business and will accelerate the expansion by gaining
new market share.”
About ARB IOT Group Limited ARB
IOT Group Limited is a provider of complete solutions to clients
for the integration of Internet of Things (“IoT”) systems and
devices from designing to project deployment. We offer a wide range
of IoT systems as well as provide customers a substantial range of
services such as system integration and system support service. We
deliver holistic solutions with full turnkey deployment from
designing, installation, testing, pre-commissioning, and
commissioning of various IoT systems and devices as well as
integration of automated systems, including installation of wire
and wireless and mechatronic works.
Safe Harbor Statement This
press release contains “forward-looking statements” that involve
substantial risks and uncertainties. All statements other than
statements of historical facts contained in this press release,
such as statements regarding our estimated future results of
operations and financial position, our strategy and plans, and our
objectives or goals, are forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
We have attempted to identify forward-looking statements by
terminology including “anticipates,” “believes,” “can,” “continue,”
“could,” “estimates,” “expects,” “intends,” “may,” “plans,”
“potential,” “predicts,” “should,” or “will” or the negative of
these terms or other comparable terminology. Our actual results may
differ materially or perhaps significantly from those discussed
herein, or implied by, these forward-looking statements. There are
a significant number of factors that could cause actual results to
differ materially from statements made in this press release,
including, but not limited to, those that we discussed or referred
to in the Company’s disclosure documents filed with the U.S.
Securities and Exchange Commission (the “SEC”) available on the
SEC’s website at www.sec.gov, including the Company’s Annual Report
on Form 20-F as well as in our other reports filed or furnished
from time to time with the SEC. The forward-looking statements
included in this press release are made as of the date of this
press release and the Company undertakes no obligation to publicly
update or revise any forward looking statements, other than as
required by applicable law.
For further information, please
contact: ARB IOT Group Limited Investor Relations
Department Email: contact@arbiotgroup.com
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