ARB IOT Group Limited Appointed Exclusive Wholesaler, Distributor and System Integrator for Its Smart IoT Palm Farming Solutions to Gain Market Access in Sabah and Sarawak Regions
11 Marzo 2025 - 9:00PM
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.
Under the arrangement, Whizzl will have
exclusive rights to sell, distribute, and integrate the Smart IOT
Palm Farming Systems in Sabah and Sarawak, Malaysia. This includes
acting as the exclusive wholesaler, sole distributor, and system
integrator for the system, while also promoting and marketing the
solution to end customers within these territories.
The Smart IOT Palm Farming System is designed to
enhance efficiency, optimize resource allocation, and improve
productivity for palm plantation owners and farmers. Leveraging
Internet of Things (IoT) technology, the system provides real-time
monitoring, data analytics, and automation to support precision
farming, ultimately driving sustainability and profitability in the
agricultural sector.
Dato’ Sri Liew Kok Leong, CEO of ARB
IOT said, "This partnership with Whizzl marks a
significant milestone for ARB IOT as we expand the reach of our
Smart IOT Palm Farming System to key regions in Malaysia. With
Whizzl’s expertise and market presence, we are confident that more
farmers and plantation owners will benefit from our cutting-edge
smart farming technology. This partnership aligns with our vision
of leveraging technology to drive efficiency and sustainability in
the agricultural sector. With our expertise in digital solutions
and market reach, we are confident in delivering innovative and
practical solutions to palm plantation owners and farmers. We aim
to diversify operations across different locations and accelerate
growth in new region by leveraging strategic partnerships and
innovative solutions to meet the evolving demands of the
market.”
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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