ARB IOT Group Ltd (ARBB) said Liew Kok Leong resigned as chief executive officer, chairman and director, effective October 23, 2026. The company stated that his resignation did not result from any disagreement over its operations, policies or practices. On the same date, the board appointed (Alfred) Tan Choong Hau as CEO, chairman and director to fill the vacancies.
Tan has over 25 years of experience in corporate leadership, technology commercialization, international business development and strategic operations. He has served as CEO and Business Lead of TATAN Group in Cambodia since March 2006, overseeing technology integration across approximately 2,000 hectares of operations, and as an Executive Director of TATAN Agrotech Sdn Bhd since November 2021. ARB IOT said his experience qualified him to serve as a director and chairman.
ARB IOT Group Limited reported unaudited results for the six months ended December 31, 2025, with sharply higher sales but ongoing losses. Revenue rose 82% to RM150.4 million, driven entirely by IoT AI server hardware, while previous IoT building and agriculture projects contributed no revenue this period.
Cost of revenue increased to RM148.5 million, leaving a thin gross profit of RM1.9 million. Total expenses dropped 48% to RM16.6 million as depreciation and amortisation fell, cutting the net loss to RM14.7 million from RM27.5 million a year earlier. The balance sheet shows RM32.3 million in cash and bank balances and low total liabilities of RM42.3 million, including RM34.5 million of customer deposits recorded as contract liabilities. Trade receivables fell to zero after prior collections, and operating cash flow turned slightly positive.
ARB IOT Group Ltd director files initial ownership report. Director Binti Ali Noor Amalina submitted a Form 3, which is an initial statement of beneficial ownership for insiders. This filing establishes her reporting status as a director of ARB IOT Group Ltd but does not list any specific transactions.
ARB IOT Group Ltd director and Chief Financial Officer Ng Kok Wah filed an initial Form 3, which is a required statement of beneficial ownership for insiders. This filing lists him as a reporting person but does not show any share transactions or derivative positions.
ARB IOT Group Ltd director Khor Chin Meng filed an initial Form 3 showing his current ownership in the company. The filing reports that he directly holds 94 Ordinary Shares. This is a disclosure of existing holdings, not a new purchase or sale of shares.
ARB IOT Group Ltd director files initial ownership report. Yuen Ya Ting, identified as a director of ARB IOT Group Ltd, submitted a Form 3, which is the initial statement of beneficial ownership required for insiders. The filing does not report any insider transactions or derivative positions in this excerpt.
ARB IOT Group Ltd director and Chief Executive Officer Liew Kok Leong filed an initial ownership report showing his stake in the company’s ordinary shares. The filing lists 151,182 shares held directly and 391,892 shares held indirectly through Ukay One Sdn. Bhd., reflecting his status as a more than 10% owner.
ARB IOT Group (ARBB) filed its Annual Report on Form 20-F. For the fiscal year ended June 30, 2025, revenue increased by RM139.1 million (239%) to RM197.3 million. The company highlighted rapid expansion across IoT segments in Malaysia and ASEAN alongside meaningful execution risks.
Results were affected by credit and asset charges, including an impairment loss of approximately RM4.0 million for bad debts, RM7.0 million for property, plant and equipment, and RM15.8 million for goodwill and intangible assets. Trade receivables were RM41.8 million with credit terms up to 210 days for some large customers.
Customer concentration remained high; three major customers accounted for 69.19% of total revenue. The company noted goodwill and intangible assets of RM53.8 million as of June 30, 2025, with ongoing amortization. ARBB executed a one-for-fifteen reverse share split in May 2025 and regained Nasdaq minimum bid compliance on June 17, 2025. The report also outlines risks across supply chain, data privacy, drones regulation, and expansion outside Malaysia.
Amendment No. 1 to Schedule 13D discloses that Malaysian businessman Dato’ Sri Liew Kok Leong and his controlled entity Ukay One Sdn. Bhd. have raised their collective ownership of ARB IOT Group Ltd. (ARBB) to 478,024 ordinary shares, or 27.1 % of the 1,765,256 shares outstanding as of 6 Aug 2025.
• Ukay One executed three open-market purchases funded with personal cash: 86,288 shares (1 Aug 2025), 54,395 shares (4 Aug 2025) and 77,786 shares (5 Aug 2025), adding 218,469 shares in total.
• Resulting standalone holdings: Ukay One – 326,842 shares (18.5 %); Liew – 151,182 shares directly plus shared voting/dispositive power over Ukay One’s stake.
The filing states the purpose is investment only; the reporting persons have no current plans involving mergers, asset sales, governance changes or any other actions listed under Items 4(a)-(j) of Schedule 13D.
No other transactions were effected in the past 60 days. Certification is signed by Dato’ Sri Liew on behalf of himself and Ukay One.
ARB IOT Group (ARBB) received an Amendment No. 1 to Schedule 13D that serves as the group’s final “exit filing.” The document details a cascade of share distributions completed on 9 June 2025: ARB IOT Limited transferred its entire holding to its sole owner Nexura Solutions Sdn. Bhd., which immediately distributed the same shares to its parent Cahaya Fantasi Sdn. Bhd. Cahaya Fantasi then declared and effected a pro-rata distribution of those shares to its six individual shareholders. By 17 June 2025, all three corporate entities reported ownership of 0 shares of ARBB.
Only one individual, Norasekein Binti Hassan @ Wari, now reports beneficial ownership—83,376 ordinary shares, or 4.7 % of the company’s 1,765,256 shares outstanding as of 23 June 2025. Because collective ownership has fallen below the 5 % threshold, the reporting persons are no longer subject to Schedule 13D reporting requirements. No financial results, risk factors, or additional strategic disclosures accompany the filing.