ARB IOT Group Limited Secures Additional Order for Its Smart IOT Palm Farming System, Strengthening Market Presence in Sabah

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.

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