ARB IOT Group Limited Appointed Exclusive Wholesaler, Distributor and System Integrator for Its Smart IoT Palm Farming Solutions to Gain Market Access in Sabah and Sarawak Regions
ARB IOT Group (NASDAQ: ARBB) has announced that its subsidiary, ARB Agro Technology Sdn Bhd, has appointed Whizzl Sdn Bhd as the exclusive wholesaler, distributor, and system integrator for its Smart IOT Palm Farming System in Sabah and Sarawak, Malaysia.
The Smart IOT Palm Farming System utilizes Internet of Things (IoT) technology to provide real-time monitoring, data analytics, and automation capabilities for palm plantation operations. The system aims to enhance efficiency, optimize resource allocation, and improve productivity for palm plantation owners and farmers while promoting sustainability in the agricultural sector.
According to CEO Dato' Sri Liew Kok Leong, this partnership represents a significant milestone in expanding the company's reach in key Malaysian regions, with the goal of diversifying operations and accelerating growth through strategic partnerships.
ARB IOT Group (NASDAQ: ARBB) ha annunciato che la sua controllata, ARB Agro Technology Sdn Bhd, ha nominato Whizzl Sdn Bhd come grossista esclusivo, distributore e integratore di sistema per il suo Smart IOT Palm Farming System in Sabah e Sarawak, Malesia.
Il Smart IOT Palm Farming System utilizza la tecnologia dell'Internet delle Cose (IoT) per fornire monitoraggio in tempo reale, analisi dei dati e capacità di automazione per le operazioni delle piantagioni di palma. Il sistema mira a migliorare l'efficienza, ottimizzare l'allocazione delle risorse e aumentare la produttività per i proprietari di piantagioni di palma e gli agricoltori, promuovendo al contempo la sostenibilità nel settore agricolo.
Secondo il CEO Dato' Sri Liew Kok Leong, questa partnership rappresenta una pietra miliare significativa nell'espansione della portata dell'azienda in regioni chiave della Malesia, con l'obiettivo di diversificare le operazioni e accelerare la crescita attraverso alleanze strategiche.
ARB IOT Group (NASDAQ: ARBB) ha anunciado que su subsidiaria, ARB Agro Technology Sdn Bhd, ha nombrado a Whizzl Sdn Bhd como el mayorista, distribuidor e integrador de sistemas exclusivo para su Smart IOT Palm Farming System en Sabah y Sarawak, Malasia.
El Smart IOT Palm Farming System utiliza tecnología de Internet de las Cosas (IoT) para proporcionar monitoreo en tiempo real, análisis de datos y capacidades de automatización para las operaciones de plantaciones de palma. El sistema tiene como objetivo mejorar la eficiencia, optimizar la asignación de recursos y aumentar la productividad para los propietarios de plantaciones de palma y agricultores, al mismo tiempo que promueve la sostenibilidad en el sector agrícola.
Según el CEO Dato' Sri Liew Kok Leong, esta asociación representa un hito significativo en la expansión del alcance de la empresa en regiones clave de Malasia, con el objetivo de diversificar las operaciones y acelerar el crecimiento a través de asociaciones estratégicas.
ARB IOT Group (NASDAQ: ARBB)는 자회사인 ARB Agro Technology Sdn Bhd가 말레이시아 사바 및 사라왁에서 스마트 IOT 팜 농업 시스템의 독점 도매업체, 유통업체 및 시스템 통합자로 Whizzl Sdn Bhd를 임명했다고 발표했습니다.
스마트 IOT 팜 농업 시스템은 사물인터넷(IoT) 기술을 활용하여 팜 농장 운영을 위한 실시간 모니터링, 데이터 분석 및 자동화 기능을 제공합니다. 이 시스템은 팜 농장 소유자와 농부들의 효율성을 높이고 자원 배분을 최적화하며 생산성을 향상시켜 농업 부문의 지속 가능성을 촉진하는 것을 목표로 합니다.
CEO Dato' Sri Liew Kok Leong에 따르면, 이번 파트너십은 말레이시아의 주요 지역에서 회사의 범위를 확장하는 중요한 이정표를 나타내며, 전략적 파트너십을 통해 운영을 다각화하고 성장을 가속화하는 것을 목표로 하고 있습니다.
ARB IOT Group (NASDAQ: ARBB) a annoncé que sa filiale, ARB Agro Technology Sdn Bhd, a nommé Whizzl Sdn Bhd en tant que grossiste exclusif, distributeur et intégrateur de systèmes pour son Smart IOT Palm Farming System dans les régions de Sabah et Sarawak, en Malaisie.
Le Smart IOT Palm Farming System utilise la technologie de l'Internet des objets (IoT) pour fournir une surveillance en temps réel, des analyses de données et des capacités d'automatisation pour les opérations des plantations de palmiers. Le système vise à améliorer l'efficacité, optimiser l'allocation des ressources et augmenter la productivité des propriétaires de plantations de palmiers et des agriculteurs, tout en promouvant la durabilité dans le secteur agricole.
Selon le PDG Dato' Sri Liew Kok Leong, ce partenariat représente une étape importante dans l'expansion de la portée de l'entreprise dans des régions clés de Malaisie, avec pour objectif de diversifier les opérations et d'accélérer la croissance grâce à des partenariats stratégiques.
ARB IOT Group (NASDAQ: ARBB) hat angekündigt, dass ihre Tochtergesellschaft, ARB Agro Technology Sdn Bhd, Whizzl Sdn Bhd als exklusiven Großhändler, Distributor und Systemintegrator für ihr Smart IOT Palm Farming System in Sabah und Sarawak, Malaysia, ernannt hat.
Das Smart IOT Palm Farming System nutzt die Technologie des Internets der Dinge (IoT), um Echtzeitüberwachung, Datenanalysen und Automatisierungsfähigkeiten für die Palmplantagenbetriebe bereitzustellen. Das System zielt darauf ab, die Effizienz zu steigern, die Ressourcenzuteilung zu optimieren und die Produktivität für Palmplantagenbesitzer und Landwirte zu verbessern, während es gleichzeitig die Nachhaltigkeit im Agrarsektor fördert.
Laut CEO Dato' Sri Liew Kok Leong stellt diese Partnerschaft einen bedeutenden Meilenstein bei der Erweiterung der Reichweite des Unternehmens in wichtigen Regionen Malaysias dar, mit dem Ziel, die Betriebe zu diversifizieren und das Wachstum durch strategische Partnerschaften zu beschleunigen.
- Secured exclusive distribution partnership for key Malaysian regions
- Expansion into new markets through strategic partnership
- Technology solution targets efficiency and productivity improvements in palm farming
- Revenue impact and financial terms of partnership not disclosed
Insights
ARB IOT's strategic partnership with Whizzl represents a significant market expansion for their Smart IOT Palm Farming System into the important agricultural regions of Sabah and Sarawak in Malaysia. This exclusive distribution agreement gives ARB IOT immediate access to new potential customers without requiring the capital expenditure of building their own distribution network.
The palm oil industry is particularly important in these regions, with Sabah and Sarawak collectively accounting for approximately 45% of Malaysia's palm oil production. By targeting these specific territories with precision farming technology, ARB IOT is positioning itself in a market with substantial growth potential.
The company's IoT-based approach to agricultural technology addresses critical industry pain points including labor shortages, resource optimization, and sustainability requirements. Real-time monitoring and data analytics can significantly improve yield management and resource allocation, potentially improving margins for plantation owners.
While the financial terms weren't disclosed, this type of exclusive distribution arrangement typically provides faster market penetration in exchange for margin sharing. For a technology company at ARB IOT's market cap (
This partnership gives ARB IOT strategic positioning in Malaysia's palm oil sector, which is the world's second-largest producer after Indonesia. The Sabah and Sarawak regions targeted in this agreement contain some of Malaysia's largest palm plantations and represent untapped potential for agricultural technology adoption.
The agricultural technology market in these regions has been underserved, with many plantations still using traditional farming methods. By appointing Whizzl as their exclusive distributor, ARB IOT gains a partner with established relationships with plantation owners and farmers, potentially accelerating adoption rates.
The palm oil industry faces increasing pressure to improve sustainability practices while maintaining profitability. ARB IOT's Smart IOT Palm Farming System directly addresses these challenges by enabling precision agriculture techniques that can optimize resource usage and potentially reduce environmental impact.
For context, typical IoT agricultural systems can drive productivity improvements of
This agreement represents a logical expansion of ARB IOT's agricultural technology footprint and demonstrates execution on their stated strategy of market diversification through partnerships rather than direct expansion, which is appropriate given their current scale and resources.
Kuala Lumpur, Malaysia, March 11, 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 Agro Technology Sdn Bhd, appointed Whizzl Sdn Bhd ("Whizzl") as its exclusive wholesaler, sole distributor, and system integrator for its smart IOT palm farming system (the “Smart IOT Palm Farming System”) in the regions of Sabah and Sarawak.
Under the arrangement, Whizzl will have exclusive rights to sell, distribute, and integrate the Smart IOT Palm Farming Systems in Sabah and Sarawak, Malaysia. This includes acting as the exclusive wholesaler, sole distributor, and system integrator for the system, while also promoting and marketing the solution to end customers within these territories.
The Smart IOT Palm Farming System is designed to enhance efficiency, optimize resource allocation, and improve productivity for palm plantation owners and farmers. Leveraging Internet of Things (IoT) technology, the system provides real-time monitoring, data analytics, and automation to support precision farming, ultimately driving sustainability and profitability in the agricultural sector.
Dato’ Sri Liew Kok Leong, CEO of ARB IOT said, "This partnership with Whizzl marks a significant milestone for ARB IOT as we expand the reach of our Smart IOT Palm Farming System to key regions in Malaysia. With Whizzl’s expertise and market presence, we are confident that more farmers and plantation owners will benefit from our cutting-edge smart farming technology. This partnership aligns with our vision of leveraging technology to drive efficiency and sustainability in the agricultural sector. With our expertise in digital solutions and market reach, we are confident in delivering innovative and practical solutions to palm plantation owners and farmers. We aim to diversify operations across different locations and accelerate growth in new region by leveraging strategic partnerships and innovative solutions to meet the evolving demands of the market.”
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, pre-commissioning, 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 forward looking statements, other than as required by applicable law.
For further information, please contact:
ARB IOT Group Limited
Investor Relations Department
Email: contact@arbiotgroup.com
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