ARB IOT Group Limited ( (ARBB) ) has provided an update.
On March 4, 2025, ARB IOT Group Limited announced a significant order valued at approximately US$45 million for AI data center server solutions. The company, through its subsidiary ARB IOT Group Sdn Bhd, signed an agreement with Gajah Kapitalan Sdn Bhd to supply 500 units of state-of-the-art AI servers. This deal underscores ARB IOT’s strategic expansion in the data center sector, leveraging the growing demand for digital assets and AI server solutions. The collaboration with GKSB is expected to enhance ARB IOT’s market presence and drive sustainable growth, reflecting a shared commitment to innovation and operational excellence.
More about ARB IOT Group Limited
ARB IOT Group Limited is a provider of comprehensive solutions for the integration of Internet of Things (IoT) systems and devices, offering a wide range of IoT systems and services such as system integration and support. The company specializes in delivering holistic solutions with full turnkey deployment, including designing, installation, testing, precommissioning, and commissioning of various IoT systems and devices, as well as integration of automated systems.
YTD Price Performance: 30.40%
Average Trading Volume: 1,346,342
Technical Sentiment Consensus Rating: Hold
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