ARB Bhd reported today a 4,263% spike in net profit at RM8.29 million in its third quarter ended Sept 30,2019 (3QFY19) from RM186,000 a year earlier, helped by a substantial revenue rise on IT-based income.
ARB in RM800mil water supply-related technology tie-ups. PETALING JAYA: ARB Bhd, via wholly owned subsidiary Arbiot Sdn Bhd, has inked a deal worth RM800mil with two Chinese companies for the provision of water supply-related technology.
ARB Bhd, previously known as Aturmaju Resources Bhd, is teaming up with two China-based companies for the provision of water supply-related technology with a combined project value of about RM800 million.
ARB Bhd’s wholly-owned subsidiary Arbiot Sdn Bhd has entered into a memorandum of understanding (MoU) with Chean Chhoeng Thai Group Co Ltd (CCTG) to provide Internet of Things (IoT) and IT services to CCTG’s mixed-development project in Phnom Penh.
ARB Bhd has entered into a memorandum of understanding (MoU) with Chean Chhoeng Thai Group Co Ltd (CCTG) to deploy Internet of Things (IoT) and information technology (IT) to the latter’s US$1.5 billion (RM6.2 billion) mixed development project in Phnom Penh, Cambodia.
ARB Bhd, a wood products manufacturer which diversified into information technology a year ago, has teamed up with a Cambodian firm to implement the enterprise resource planning (ERP) system and solutions in that country.
ARB Bhd (formerly Aturmaju Resources Bhd) plans to implement enterprise resource planning (ERP) system and solutions for East Insurance PLC in Cambodia with a project value of at least US$20 million (RM83.5 million).
With the recent two new Internet of Things (IoT) system, engineering, procurement, commissioning and management (SEPCM) contract worth RM18 million and RM60.4 million being awarded to ARB Bhd, we believe it will generate higher earnings for ARB.
ARB Bhd's wholly owned subsidiary, Arbiot Sdn Bhd, has received and accepted a letter of award (LoA) from Prinsiptek Corp Bhd to carry out an Internet-of-Things (IoT) contract from the system and engineering, procurement, commissioning and management services for a proposed residential development in Shah Alam, Selangor for RM60.43mil.
ARB Bhd, formerly known as Aturmaju Resources Bhd, said it has secured a RM60.43 million contract to carry out Internet of Things (IoT) systems, engineering, procurement, commissioning and management works for a proposed residential development at Shah Alam, Selangor.
Malaysian Investment Holding Company ARB Berhad Invests In Solar System Installer C&M Renewable Energy Technology Hoping For Long-Term Stable Income From Latter’s Solar Power Project For USAINS Infotech.
Malaysian investment holding company ARB Berhad (KLSE:ARBB) has entered into an agreement to acquire a 51% stake in local solar developer C&M Renewable Energy Technology Sdn Bhd (CMSB) for a total consideration of MYR 5.5 million (USD 1.3m/EUR 1.2m).
ARB Bhd, formerly known as Aturmaju Resources Bhd, is back in the black, with a record quarterly net profit of RM5.08 million for the three months ended March 31, 2019 (1QFY19) compared to a net loss of RM649,000 it posted a year prior.
ATURMAJU RESOURCES BHD’s wholly-owned subsidiary, ARB Development Sdn Bhd (ARBD), has entered into a Memorandum of Understanding with Perkasa Selalu Sdn Bhd (PSSB) for the development of an Intelligence Modern Lifestyle Project in Selangor.
Aturmaju Resources Berhad has entered into a Memorandum of Understanding with Yes’s Comm. Enterprise Sdn Bhd (YESS) to collaborate in a new retail business model and to supply the latter’s five retail outlets with an inventory tracking system.