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The Board of Directors of ARB (“Board”) wishes to announce that ARBIOT Sdn. Bhd. (“ARBIOT”), an indirect wholly-owned subsidiary of the Company had on 24 November 2020, entered into a business partnership agreement (“Agreement”) with China Unicom Operation (Malaysia) Sdn Bhd (“China Unicom Malaysia”) to collaborate and undertake smart building projects in Malaysia and other ancillary businesses or opportunities that will benefit both ARBIOT and China Unicom Malaysia (“Collaboration Project”).
