Lim's Blog

Aturmaju inks RM78mil MoU with Perkasa Selalu

Publish date: Mon, 04 Mar 2019, 10:24 PM
KUALA LUMPUR: Aturmaju Resources Bhd


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. 

In a statement, Aturmaju said the had a contract value of RM78mil. PSSB engaged ARBD as system, engineering, procurement, commissioning management on the project.
ARBD is also fully responsible for the financing of the smart home engineering system integration, procurement, and commissioning of the project.

PSSB is principally involves in investment in real property and housing development business.

“The trend of embracing the IoT technology in the development of projects is inevitable. Based on our study, it is no longer location that will determine whether a project is sellable or not. Instead, it is the unique offerings that comes with a project that will be the key catalyst,” Aturmaju chief executive officer (investment & technology) Datuk Larry Liew said in the statement. 

“Being a strategic partner in this project, it is our vision to focus in the supply and installation of the IoT platform, which enables residents to enjoy more functionalities and the perks of smart living, centralising the concept of comfort, security and convenience.”

“Going forward, with the expertise that our team possesses, we are confident to secure more similar projects to enhance our branding in incorporating the IoT technology into the development of property projects, as well as the financial performance of ARB,” Liew said. 



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Be the first to like this. Showing 6 of 6 comments


looks like aturmaju price share will fly soon, today market price closed at 0.42 end of this week might be 0.55

2019-03-04 22:35


another mou? few months ago just mou with Yess oh

2019-03-04 22:52


so price likely will increase again. looks like need to buy more

2019-03-04 23:01


this is mou fast decide wanna buy? plus the volume trading for mother quite low, only recently high which means not too many ppl trading in this counter, to me is consider high risk investment if let's say u bought a lot shares but end up no 1 buy from u. i mean...if lets say the recent volume is because ppl jus trade for they goreng finish d, later how..later then no buy nor sell...that time u hold ur shares in ur bursa acc only

2019-03-05 00:04


Wise people saying "A potential counter does not related to low volume trading, it means that this counter (e.g. business, future market) could gone well. Low volume trading doesn't means the counter is not potential, it just mean that this counter is not discovered by many people yet."

2019-03-05 01:51

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