ARB IOT Group subsidiary secures additional order to manage palm oil plantation

ARB IOT Group (ARBB) announced that its wholly-owned subsidiary, ARB Agro Technology, has secured an additional order to manage approximately 2,000 acres of palm oil plantation via the Smart IOT Palm Farming System through its wholesaler, further expanding its market reach and reinforcing its commitment to delivering high-quality products to a broader customer base. It is expected to increase the company’s yearly recurring revenue of approximately $13M. This latest order reflects the growing demand for our Smart IOT Palm Farming System and strong relationship between ARB IOT and Whizzl, being the exclusive wholesaler, sole distributor, and system integrator for our Smart IOT Palm Farming System in the regions of Sabah and Sarawak, Malaysia.