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ARB IOT Group Limited ( (ARBB) ) has issued an update.
On May 14, 2025, ARB IOT Group Limited held an Extraordinary General Meeting in Kuala Lumpur, Malaysia, where shareholders approved a share consolidation proposal. The consolidation will occur at a ratio between one-for-two and one-for-twenty, with the exact ratio to be determined by the Board within a year. This move is expected to streamline the company’s share structure, potentially impacting its market positioning and shareholder value.
More about ARB IOT Group Limited
ARB IOT Group Limited operates within the technology industry, focusing on Internet of Things (IoT) solutions. The company is engaged in the development and provision of IoT products and services, aiming to enhance connectivity and automation across various sectors.
Average Trading Volume: 5,334,623
Technical Sentiment Signal: Buy
For an in-depth examination of ARBB stock, go to TipRanks’ Stock Analysis page.