OTHERS ARB BERHAD ("ARB" OR "THE COMPANY") PROPOSED LISTING OF THE COMPANY'S INTERNET OF THINGS ("IOT") BUSINESS ON THE NATIONAL ASSOCIATION OF SECURITIES DEALERS AUTOMATED QUOTATIONS ("NASDAQ") STOCK EXCHANGE
| ARB BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | ARB BERHAD ("ARB" OR "THE COMPANY")
PROPOSED LISTING OF THE COMPANY'S INTERNET OF THINGS ("IOT") BUSINESS ON THE NATIONAL ASSOCIATION OF SECURITIES DEALERS AUTOMATED QUOTATIONS ("NASDAQ") STOCK EXCHANGE |
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The Board of Directors of ARB (“Board”) wishes to announce that the Company is considering to list its IOT business on the NASDAQ Stock Exchange ("Proposed Listing”).
The details of the Proposed Listing have yet to be determined. Nevertheless, the Company’s subsidiary (which holds the IOT business) to be listed is envisaged to remain as a subsidiary of the Company after completion of the Proposed Listing. A detailed announcement in relation to the Proposed Listing will be made in due course pursuant to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”) once the Company has finalised and approved the structure of the Proposed Listing.
Further details of the Proposed Listing are set out in the attachment below.
This announcement is dated 22 February 2022. |
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Please refer attachment below.
Announcement Info
| Company Name | ARB BERHAD |
| Stock Name | ARBB |
| Date Announced | 22 Feb 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22022022-00053 |