Core Insights - ARB IOT Group Limited has secured an additional order to manage approximately 2,000 acres of palm oil plantation, which is expected to increase the company's yearly recurring revenue by approximately USD 13 million [1][2][3] Company Overview - ARB IOT Group Limited provides complete solutions for the integration of Internet of Things (IoT) systems and devices, offering a wide range of services including system integration and support [4] Market Position - The latest order reflects the growing demand for the Smart IOT Palm Farming System and highlights the strong relationship between ARB IOT and its exclusive wholesaler, Whizzl, in Sabah and Sarawak, Malaysia [2][3] - The company is committed to scaling its business and enhancing capabilities to meet evolving market demands, reinforcing its position as a key player in the industry [3]
ARB IOT Group Limited Secures Additional Order for Its Smart IOT Palm Farming System, Strengthening Market Presence in Sabah