Executive director Datuk Seri Larry Liew Kok Leong said ARB Cosec is a self-developed cloud company secretary platform contributed by ARB in-house technical team to provide user-friendly solutions to target companies in Malaysia.
Liew said the company is confident that the cloud-based product can generate a lucrative income for ARB in the coming years.
Going forward, ARB is in a good position to expand its business regionally, mainly due to the strong demand and the expected 12.4% compounded annual growth rate of the global spending on cloud consumer experience and relationship management.
CAGR of cloud services looks good, I think arbb can bag some good profit
ARB: Launches self-developed cloud-based company secretary platform. ARB has launched its self-developed cloud company secretary platform “ARB Cloud Cosec” to fully automate the existing company secretary services. (Sunbiz)
The ARB Cloud Cosec features an integration of all companies in Malaysia that enable the services to be targeted at company secretary firms, public listed companies (PLCs) and small and medium enterprises (SMEs).
The rollout of ARB Cloud Cosec will help to create a sustainable recurring income of RM100 million per year for the group. In the near term, ARB group aims to capture 10% of the PLCs market and another 20% of the SMEs market.
As every company you invest, they are the risk there. Just either you believe in them or not. What i see for arbb is their business development was going on the right track. It will be adding more and more job for them as things go more modern and high tech. Many job will be soon replace by this new technology, not all but atleast half of it would be replace. Can you imagine how about in future when you buy house, all can be done online, they have the system to check all your info, and all SPA and Loan agreement can be sign through online. And for those subsale, as you know some property when you sell, you need to go through the super slow process by our government. Need to wait for their approval , whatever la. You will see that many stuffs which need approval from our gov are super duper slow. What if these process can be simplify even more thru online and fasten up the overall process? For current situation, many agreement that you sign still need sign by your own physically, because they feel that not secure using online. How about in future if they can make thing more secure and convenience. Many manual job will be kicked off. Future is here. Choose the right company. Automation, iot and erp is going big in future. You will have your big smile and no need doubt with money after 5years if you invest 10% of your salary every month into one of these "futuristic" company. Go get your right choice, this not limited to arbb only, still have many other good company waiting for you.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
MCtrader
67 posts
Posted by MCtrader > 2021-09-23 10:32 | Report Abuse
thanks sumalia selling cheap shares, hard to collect cheap shares for undervalued company