All these also signed...then what happened?

(a) On 17 June 2019, the Group announced that its wholly-owned subsidiary ARB Development Sdn.
Bhd. (“ARBD”) had entered into a memorandum of understanding (“MOU”) with East Insurance
PLC (“East Insurance”) to explore the potential collaboration in deploying enterprise resource
planning (“ERP”) system and information technology (“IT”) related hardware and software for East
Insurance. The project value is not less than USD20 million (approximately RM83.5 million based
on USD1.00 : RM4.17 extracted from Bank Negara Malaysia on 17 June 2019). On 9 December
2019, the Group announced that ARBD and East Insurance had mutually agreed to terminate the
MOU as East Insurance undertook an internal restructuring exercise. Hence, the Group has decided
to terminate the MOU until East Insurance completes its restructuring exercise.
(b) On 10 July 2019, the Group announced that ARB Development Sdn. Bhd. (“ARBD”), a whollyowned subsidiary of the Group had entered into a memorandum of understanding (“MOU”) with HK
Yue Tai Life Insurance PLC (“HKYT Life Insurance”) to explore the potential collaboration in
deploying enterprise resource planning system and information technology related hardware and
software for HKYT Life Insurance. The project value is not less than USD 20 million (approximately
RM82.85 million based on USD1.00 : RM4.14 extracted from Bank Negara Malaysia on 9 July
2019). On 24 December 2019, the Group announced that ARBD and HKYT Life Insurance had
mutually agreed to terminate the MOU as the Parties do not foresee the finalisation of the terms of
collaboration within the validity period of the MOU.
(c) On 10 July 2019, the Group announced that ARBIOT Sdn. Bhd. (“ARBIOT”), an indirect
wholly-owned subsidiary of the Group had entered into a memorandum of understanding (“MOU”)
with Chean Chhoeng Thai Group Co. Ltd. (“CCTG”) to explore the potential of collaboration in
deploying internet of things and information technology related hardware and software for CCTG.
The project value is not less than USD100 million (approximately RM414.25 million based on
USD1.00 : RM4.14 extracted from Bank Negara Malaysia on 9 July 2019). On 24 December 2019,
the Group announced that ARBIOT and CCTG had mutually agreed to terminate the MOU due to
both parties have been unable to agree and finalise the terms of the potential collaboration.

Got a list to terminate summore. No rush...can slow slow wait.

(a) On 17 June 2019, the Group announced that its wholly-owned subsidiary ARB Development Sdn.
Bhd. (“ARBD”) had entered into a memorandum of understanding (“MOU”) with East Insurance
PLC (“East Insurance”) to explore the potential collaboration in deploying enterprise resource
planning (“ERP”) system and information technology (“IT”) related hardware and software for East
Insurance. The project value is not less than USD20 million (approximately RM83.5 million based
on USD1.00 : RM4.17 extracted from Bank Negara Malaysia on 17 June 2019).
(b) On 10 July 2019, the Group announced that ARB Development Sdn. Bhd. (“ARBD”), a whollyowned subsidiary of the Group had entered into a memorandum of understanding (“MOU”) with HK
Yue Tai Life Insurance PLC (“HKYT Life Insurance”) to explore the potential collaboration in
deploying enterprise resource planning system and information technology related hardware and
software for HKYT Life Insurance. The project value is not less than USD 20 million (approximately
RM82.85 million based on USD1.00 : RM4.14 extracted from Bank Negara Malaysia on 9 July
2019).
(c) On 10 July 2019, the Group announced that ARBIOT Sdn. Bhd., an indirect wholly-owned
subsidiary of the Group had entered into a memorandum of understanding (“MOU”) with Chean
Chhoeng Thai Group Co. Ltd. (“CCTG”) to explore the potential of collaboration in deploying
internet of things and information technology related hardware and software for CCTG. The project
value is not less than USD100 million (approximately RM414.25 million based on USD1.00 :
RM4.14 extracted from Bank Negara Malaysia on 9 July 2019).
(d) On 23 July 2019, the Group announced that ARBIOT Sdn. Bhd., an indirect wholly-owned
subsidiary of the Group had entered into a memorandum of agreement (“MOA”) with Hangzhou
Mayam IoT Tech. Co., Ltd (“HMIT”) to form a strategic partnership in deployment of smart water
meters that can be deployed by water authorities in Malaysia to measure, collect and analyse realtime water consumption information and data, including water leakages, water pressure, date and
time of water consumed by household (“Smart Water Metering Project”).The project value of the
Smart Water Metering Project is RM200 million over an initial period of two (2) years from the
commencement date with an extension of another eight (8) years to complete, if deemed necessary.

(e) On 23 July 2019, the Group announced that ARBIOT Sdn. Bhd., an indirect wholly-owned
subsidiary of the Group had entered into a memorandum of agreement (“MOA”) with Shuifa IoT
Tech. Co., Ltd. (“SITC”) to form a strategic partnership to carry out the project in relation smart
household water filtration system that can be supply to the public and individuals for the household
members to enjoy a safer and healthier water source for daily use (“Smart Household Water
Filtration Project”). The project value is approximately RM600 million for the duration of ten (10)
years, SITC shall provide the necessary funding to ARBIOT for the implementation and completion
of Smart Household Water Filtration Project.

(f) On 22 August 2019, the Group announced that ARB Development Sdn. Bhd. (“ARBD”), a
wholly-owned subsidiary of the Group had entered into a one (1) year business contract with Tatan
Land Co., Ltd (“TLCL”) to provide customized enterprise resource planning (“ERP”) system and
system integration solution (“SIS”) for an estimated value of USD20 million (approximately
RM83.54 million based on USD1.00 : RM4.18 extracted from Bank Negara Malaysia on 21 August
2019). The business contract is , automatically renewed upon achieving the agreed target of Gross
Merchandise Value (“GMV”) of USD20 million.

呸！！！穷鬼公司。。没本事

I figure out something went amiss.I throw my ARBB shares.30.5 cent.Seeing ARBB at 18-22 cents.Why?feel something not right.

This Datuk full of drama, Full Of MOU, later become VIVOCOM...Full of MOU, then expired automatic cancel.

Hope u guys dont belive the ARBB QR report.. It just a illusion to let u all fall into their pitfalls.. Beware guys!!

This is an one man show counter, no other big investor are allowed to come in here to earn big money except for Dato Liew alone can earn big money.. and yet Dato Liew only allowed conversion of PA to make the price down.. No matter how much money u all invested here definitely got no power to push up the share price, because Dato Liew is not going to dump money inside to push the price up.. With such a stingy operator,my advice is better run away!

If good making company give little bit dividends also ok, but after announce very good profit the price keep falling that is something not good,

investors keep on converting to mother shares and sell...how to be good???? someone like fatty liew

Continue dreaming..... con counter

Run before too late

boom boom boom
TP 0.275

Everyone too optimistic..
Arbb price is bad...how...
my god