ARB IOT Group Ltd 6-K, filed Apr 14, 2025
ARB IOT Group Ltd (ARBB)
About this 6-K
ARB IOT Group Ltd filed this 6-K on April 14, 2025.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of, April 2025
Commission File Number 001-41665
ARB IOT GROUP LIMITED
(Translation of registrant’s name into English)
Level 39, Marina Bay Financial Centre Tower 2
10 Marina Boulevard, 018983 Singapore
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
INCORPORATION BY REFERENCE
This Form 6-K is hereby incorporated by reference into the registration statement of ARB IOT Group Limited (the “Company”) on Form F-3 (Registration Number 285785) to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.
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Termination of an IoT Smart Home and Development Project
As previously disclosed, ARB IOT Group Limited (the “Company”), through ARBIOT Sdn. Bhd., one of its subsidiaries in Malaysia, had a pending IoT systems, engineering, procurement, commissioning and management (“SEPCM”) project, for an IoT smart home and building development project in Selangor, Malaysia.
On April 10, 2025, due to unforeseen circumstances that significantly impacted the project’s budget and scope, including the unfavorable property market conditions, and the client’s unwillingness to revise the previously agreed-upon costs, ARBIOT Sdn. Bhd. decided to terminate this project pursuant to the termination provisions of the Joint Venture Agreement entered into with the client in 2019.
This termination decision reflects a collaborative effort to conclude the contractual relationship amicably and ensure minimal disruption to either party’s operations. The Company remains committed to facilitating a smooth transition during the termination process. The Company does not expect this termination to have any material impact on its results of operations or financial condition.
Press Release
The Company issued a press release on April 14, 2025 announcing its receipt of an order worth approximately $53 million to supply artificial intelligence (AI) servers. A copy of the press release is attached as an exhibit to this report.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: April 14, 2025 | ARB IOT GROUP LIMITED | |
| By: | /s/ Dato’ Sri Liew Kok Leong | |
| Dato’ Sri Liew Kok Leong | ||
| Chief Executive Officer | ||
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EXHIBIT INDEX
| Exhibit Number | Description | |
| 99.1 | Press release, dated April 14, 2025. |
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Exhibit 99.1
ARB IOT Group Limited Secures Approximately USD53.0 Million Order for Supplying AI Servers
Kuala Lumpur, Malaysia, April 14, 2025 (GLOBE NEWSWIRE) -- ARB IOT Group Limited (“ARB IOT” or the “Company”) (NASDAQ: ARBB) today announced that it has, through its indirect wholly owned subsidiary, ARB R1 Technology Sdn Bhd, successfully entered into a contract valued at approximately USD53.0 million to deliver cutting-edge AI data centre server solutions to Whizzl Group. This agreement represents a major step forward in advancing AI infrastructure capabilities for the AI industry in Malaysia.
Under the terms of the agreement, ARB IOT will supply its state-of-the-art ARB-222 AI servers (“AI Products”) to provide high-performance AI-driven data centre solutions to meet the complex demands of modern data-intensive operations. The solution will empower the customer to accelerate AI model training, enable faster data processing, and unlock deeper insights across its operations.
“This contract highlights our expertise in AI infrastructure and our commitment to delivering scalable, high-impact solutions,” said Dato’ Sri Liew Kok Leong, CEO of ARB IOT. “We are excited to support Whizzl Group in achieving their AI ambitions through robust, future-ready server technologies.”
Securing this contract delivers significant strategic value to ARB IOT. It strengthens the Company’s revenue base, reinforces its credibility in delivering enterprise-scale AI infrastructure, and opens the door to further opportunities within the high-growth AI and data centre sectors. Additionally, it supports the Company’s long-term growth strategy by expanding its project portfolio, enhancing client references, and accelerating innovation through real-world deployment at scale.
About ARB IOT Group Limited
ARB IOT Group Limited is a provider of complete solutions to clients for the integration of Internet of Things (“IoT”) systems and devices from designing to project deployment. We offer a wide range of IoT systems as well as provide customers a substantial range of services such as system integration and system support service. We deliver holistic solutions with full turnkey deployment from designing, installation, testing, precommissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works.
Safe Harbor Statement
This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forwardlooking statements, other than as required by applicable law.
For further information, please contact:
ARB IOT Group Limited
Investor Relations Department
Email: contact@arbiotgroup.com