24/7 Market News Snapshot 20 March, 2025 – ARB IOT Group Limited Ordinary Shares (NASDAQ:ARBB)

March 20, 2025

DENVER, Colo., 20 March, 2025 (247marketnews.com) – (NASDAQ:ARBB) are discussed in this article.
ARB IOT Group Limited has made notable strides in both market performance and operational expansion. The company has witnessed a remarkable surge in its stock price, with ordinary shares (ARBB) opening at $0.719 and soaring to $0.947, reflecting a significant 31.71% increase. This bullish trend is underscored by a robust trading volume of 2.35 million shares, indicative of heightened investor confidence and market interest. Such momentum raises anticipation around ARBB’s capacity to sustain its upward trajectory as trading activity continues.

In parallel to its market gains, ARB IOT has announced a major operational achievement that further solidifies its market presence. The wholly-owned subsidiary, ARB Agro Technology Sdn Bhd, has secured a critical order to manage approximately 2,000 acres of palm oil plantation using its cutting-edge Smart IOT Palm Farming System. This development, facilitated through the company’s exclusive wholesaler, Whizzl, is poised to significantly augment ARB IOT’s annual recurring revenue by an estimated USD 13 million.

Whizzl’s role as the exclusive wholesaler, sole distributor, and system integrator for the Smart IOT solutions has proven instrumental in delivering product availability to a diverse customer base. Dato’ Sri Liew Kok Leong, CEO of ARB IOT, emphasized that this new order not only marks a pivotal milestone for the company but also reinforces the trust that partners have in their technology and solutions.

With ongoing commitments to innovation, quality, and client satisfaction, ARB IOT Group Limited is strategically positioned to lead in the agricultural technology sector while capturing the growing demand for smart agricultural solutions. This dual enhancement in market performance and operational capacity marks an exciting period for ARB IOT as it continues to drive forward in a competitive landscape.

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