Not only Iot, guess that their erp & cosec business will leading them to a better future, trusted there will be a strong for the next two QR coming soon !
When the price down, I am a fool, when the price up, I am a lord. lol
Cheer cannot, this cannot that cannot, pray hall cannot. Then everyone better just keep quiet and don't chat. lo, is a forum, a place for discussion and sharing and freedom of speech. =)
Price down who also sienz de la. You want day day limit up got HSI ma. Another joker comment.
Ya ya don affected by those ppl ya … do your own homework Check nicely Qr and See the Chart ya !!! For me QR can cheat you But the Share price can’t cheat you !! My 2c lol …
KUALA LUMPUR, MALAYSIA - Media OutReach - 13 October 2021 - Main Market-listed information technology ("IT") software and platform provider ARB Berhad (KLSE:7181) ("ARB" or "Group") launches its self-developed virtual shareholders' meeting ("VSM") – ARB WeMeet to provide companies and shareholders with a stress-free, intuitive and enriched experience.
ARB Berhad Executive Director Dato Sri' Larry Liew Kok Leong (拿督斯里刘国良) said: "We're excited with the launching of WeMeet, our state-of-the-art Virtual Shareholders' Meeting, that will serve the needs of shareholders and companies in the "New Normal". Since the beginning of the pandemic, we have been working tirelessly to develop a virtual meeting solution, leveraging on our expertise in the digital space and our understanding of the importance of corporate governance and engagement with shareholders. We are thrilled that it's finally ready to serve the market, and we have ensured that our solutions are at a competitive rate, making it easier for our corporate clients to shift towards virtual meetings."
ARB WeMeet are critical tools that will help to revolutionize how companies conduct their annual meetings and engage with shareholders. There are a lot of advantages to conducting a virtual meeting over a physical meeting as it enables shareholders to participate in the meeting remotely easily. In the wake of the COVID-19 pandemic, most corporates and shareholders have realized the importance of the VSMs tool. According to Computershare data, 40% of the Annual General Meetings (AGMs) globally were conducted virtually during the first seven months of 2021 as compared to just 27% in 2020.
ARB WeMeet's offering includes state-of-the-art video and audio experience, role-based meeting views, comprehensive meeting management tools and real-time Q&A functionality.
"One of the criticisms on virtual shareholders meeting is the lack of engagement with shareholders, and the system might be open to abuse. With WeMeet, we are sure that the platform allows for a highly engaging and modern virtual experience, starting with a seamless meeting authentication, a "Zoom-like" meeting experience and real-time Q&A functionality," Dato' Sri Larry Liew said.
He added that the platform also provides an integrated console to manage all aspects of the VSM experience, including seamless management of high-quality video and audio, streamed from multiple presenters, screen sharing, meeting materials management and voting.
"WeMeet ensures that the voting process is transparent and that the meeting is open for engagement with shareholders." Dato' Sri Larry Liew said, adding that shareholders democracy, particularly retail investors' access to boards will not be eroded with WeMeet solutions.
Given that all the public listed companies in Malaysia, Singapore, Indonesia, Thailand, Australia would need to organize an annual general meeting on a yearly basis, excluding the extraordinary general meeting, this would provide a huge potential for ARB. Based on the Group's internal target to capture 30% of these market, WeMeet is expected to generate a lucrative yearly recurring income for the Group.
According to Dato' Sri Larry Liew, the rollout of WeMeet in Malaysia is the first phase and while the VSM solution is competitive, he is confident that the Group's competitive pricing and viable solutions that address some of the concerns over the virtual meeting, put ARB in a good position to capture the market. Most of the Annual Meeting of shareholders will now be conducted exclusively online by remote communication. This decision was made in light of the Covid-19, public health concerns and required limits on public gatherings.
"We're also looking beyond Malaysia by bringing in global audience. It is our intention to help these corporates to shift towards digital as it has always been our priorities. Given the potential of WeMeet and the sustainable business model, we believe that this will be a launching pad for us to expand our offerings. We welcome partnership collaboration in Asia-Pacific region to grow our market," he said.
NO fund buy in..no institution buy in,,,little shares issued except PA...owners no keen in price move as he owns little of mother shares whatever it is, foreign funds or institution come in then share price move. Otherwise we see 0.25- 0.27 for another year, despite good potentials and projects
Guess I know your feeling. Have to wait the volume to flow in. But I see your previous comment said you hold 1 year +, I though arb in this period already spike once right, Not taking profit ? Another is I think market is still not well known ARB enough, which I think this new VSM Project. WeMeet is time to make more exposure to the company.
Maybe take a longer journey to reach a place but I think that as long the value is there, The share price will reflect one day as I can see all this while arbb is keep moving and changing, from sme to cosec to vsm. Anyhow talk is empty, wait the market react and respond.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
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....
Begineer
482 posts
Posted by Begineer > 2021-10-01 17:11 | Report Abuse
It is normal for growing company not giving any dividend. Trade receivables is questionable in my opinion.