ARB BERHAD

KLSE (MYR): ARBB (7181)

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Last Price

0.04

Today's Change

0.00 (0.00%)

Day's Change

0.04 - 0.04

Trading Volume

1,921,000

IPO Info
Offer Period

Opening

Closing

Time Table

Allotment Date

Listing Date

Price

Issue Price

-

Units

-

Share Capital

0.000

No of Shares

Public Issue

-

Offer for Sale

-

Private Placement

-

Issuing House

-

ISIN Code

-

Prospectus:

RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,075,350,500 NEW ORDINARY SHARES IN ARB BERHAD ("ARB" OR THE "COMPANY") ("ARB SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.12 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 19 JANUARY 2022.

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Aturrmaju Resources Berhad - AP (Bursa).pdf

Aturmaju Resources Berhad - NPA and RSF (Bursa).pdf

ARB Berhad - Abridged Prospectus dated 19 January 2022.pdf

ARB Berhad - NPA and RSF.pdf

Discussions
62 people like this. Showing 50 of 25,504 comments

felet404

Already warned you guys this is a CONMAN counter, same boss same company ARBB, ANNUM, AGES, all same same, from China to Malaysia and will be running to other country as his next stop to repeat the same thing.
For those who think "the stock is low enough, good time to pick up", good luck to you, it will only go lower. The cash already been siphoned out gradually and what is left will be just an empty shell. BURSA not taking action, God will punish the culprit behind, just the matter of time.

2024-01-19 10:32

Victim1

Bursa won't take any action against them until all investor make media sosial and complaints to sc many victims.

2024-01-19 13:15

Musang King

This ARBB today is acting very strangely. Despite today 19/1/2024 is an ex-date for Dividend in Specie distribution, yet the price of ARBB drops very little. Anything up that we do not know. Please advise. Strange ARBB.

Already INFORMED BY BURSA very clearly on the Ex-Date :
How to be entitled -
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

2024-01-19 16:12

Musang King

Today Ex-Date ARBB immediately re-corrected its price to 3.5 sen a share traded at opening 9.00am but strangely due to demands, ARBB went up to 6.0 sen. What's up, ARBB ?

2024-01-19 16:20

standard77

Is there someone have got their shares in NASDAQ???

2 months ago

chickenriceseller

how does bursa malaysia and sc allow this nonsense. invest malaysia give us share. next apa give timbuktu shares ke.

2 months ago

chickenriceseller

hello sc and bursa what is this nonsense no fix date one

2 months ago

A_Elder

received letter from ARBB today with instructions on how to execute the share transfer

2 months ago

alexanderzack

Congratulation : pre market trading at 5.05 ...highest 7.60.....victory...

2 months ago

??

I have ARB IOT, anyone experience how to sell it?Can share the details? Thanks

2 months ago

Jnlee

I have this ARB LOT,I don't understand what's is this rubbish

2 months ago

sharon chok

any sifu can tell ? is it worth to take arbb( NYSE)?

1 month ago

sharon chok

my reminser told me now i unit is around 2 usd, then i need to speng 386 for the service charge. any sifu can share more information?\

1 month ago

Peace99

It seems pretty good deal, though I have not traded US stock.
Let's say last time you bought 1000 ARBB share at 10sen =rm 100. Received 14 AIGL share.
Price now is usd 2.50 based on yahoo news. So, worth rm 14*2.50*4.8= rm 168.
Imagine if you have more shares, then the transfer etc fees may be just a small percentage.

1 month ago

Musang King

Thanks ARBB for distributing ARB-IOT shares vide Letter received today from ARBB Aldpro Corporate Services Sdn Bhd with a V Stock Statement stating I received 35,000 shares on the 26th Jan 2024. Thank you very much. I shall cherish these ARB-IOT shares now worth USD2.52 each as at last Friday's close at 4pm.

1 month ago

sharon chok

the price moving after announcing the bonus shares. they may try get more people to push the price higher.
but we can only get the shares about one month later. how if the price drops drastically?

1 month ago

frick2fa

Iot is the future hahaha

1 month ago

A_Elder

received shares earlier this week and managed to sell them

1 month ago

Musang King

A-Elder, you must have already a US stock trading account. My Account is new. I newly applied thru my remiser. I still have not got my ARB-IOT shares yet. They say I have to wait for 2-3 weeks.

1 month ago

up41

It will be interesting to watch whether anyone in US market will give cash in exchange for papers of Malaysian investors. May be in a bigger market, there will be some who don't bother to study the Company. Good luck ! I am going to watch the movie Accountant again tonight.

1 month ago

up41

https://www.sec.gov/Archives/edgar/data/1930179/000121390023023023/ea175748-f1a4_arblot.htm Anyone interested to check with SSM the background of all those companies listed ?

1 month ago

felet404

the list is full of hocus pocus deals, best is find those ex finance staff to interview them one by one.

1 month ago

A_Elder

Musang King - I don't have a US trading account. It took about 1 week to receive the shares and they assign it to my client code. After that I got my remisier to get the dealers to sell them for me.

1 month ago

ThunderZX

This stock mmg pattern so much

1 month ago

felet404

Fatty Liew took money out from company already. Will left an empty shell just like Ageson, history will repeat itself from same crooks.

1 month ago

chickenriceseller

bloody hell bursa this vstock guys are charging us insane amount of monies to transfer in the stock please bursa sc investigate and stop this kind of nonsense deals

1 month ago

wkchin93

I just assist my client to claim it,
we folo the instruction and open acc with TA securities, and the shares transfer itself charge RM400 .
<not include trading cost and acc opening cost yet>

1 month ago

felet404

what happen if didnt sell?

1 month ago

ThunderZX

better sell lah, this company no future

1 month ago

??

I still havent received the share from Nominee acc, anyone facing the same issue? A lot of excuse from remisier.

1 month ago

A_Elder

Which broker firm are you using?

1 month ago

Jnlee

I also same

1 month ago

JL99

hi, same here - already waited for a more than a month

1 month ago

??

Hi A_Elder, I have both Nominee and Direct Account under Maybank from different branch. Already open global trading account under direct account and also received the share. But no news from Nominee..I wonder is that really takes time or broker just entertain us?Any idea how to escalate this problem? Seems like unlimited waiting and calling...Thanks

1 month ago

DoubtfulBsk

lol one of the big garbage in 2023-2024

1 month ago

Musang King

My broking firm is Inter-Pacific Securities. Until today despite me having completed opening a Foreign Acct, submitted my V-Stock Dividend letter and Statement of Receipt for the ARB-IOT shares to them since 22/2/2024, there is no news. Anybody facing the same problem. I thought having the V-Stock Statement and Letter of Dividend mean evrything OK already. The broker is yet to deduct any Share Transfer Charge or Fee from my Trust Account with them.

1 month ago

A_Elder

I was using MIB. However the transfer fees was USD75 for the 1st attempt. If there was an error they would have charged me another USD125. With such high transfer fees I called my other remisier at HLIB. They said the charges was only RM50. So I used HLIB and it took less than a week to receive the shares. Once received they managed to sell them the very same night.

1 month ago

ThunderZX

so many hassle gg

4 weeks ago

chickenriceseller

hi, the vstock guys giving a lot of trouble, please bombard their google review

4 weeks ago

JL99

Hi A_Elder, same I'm using MIB and have been quoted high transfer fees. Was your arbb purchased using MIB? If yes how did you manage to get the US shares credited into a different account?

4 weeks ago

A_Elder

JL99 - Yes I bot using MIB. I just took the DRS Letter to my other remisier at HLIB and they did the transfer for me. I just signed the foreign share transfer form (US Market) and paid the RM50 transfer fees. I received the AIGL shares within a week.

4 weeks ago

Cheah5555

A conman counter, it has been manupulated. They gave US share dividend to attract investors to buy ARBB but the owner sells till the price drops to current level. The US share worth not much, ARBB's business wise also shown dropped in sale and profitability, beware !

4 weeks ago

DoubtfulBsk

ez to con ppl, go look up to ageson too

3 weeks ago

felet404

the company don't even have proper business, what kind of sales and profitability you are talking about? all fake invoices lol

3 weeks ago

??

Hi A_Elder,are you using direct account? Any idea how about Nominee account?Because all the letter at remisier there. Thanks

3 weeks ago

A_Elder

mine is all direct account

3 weeks ago

JL99

Thanks A_Elder. Unfortunately mine is nominee a/c. Anyone using nominee a/c here able to receive the share? I've been waiting since early Feb.

2 weeks ago

chickenriceseller

vstock is pure garbage, seems like they are only facilitating fast transfer to TA securities. conjob.

2 weeks ago

alice1318

I Just received my DRS statements from 2 broker firms, can anyone share with me that which broker firm charger is cheaper and reliable

2 hours ago

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