Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 52

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 4
Chunk 52
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 respect of any month shall be guilty of an offense and shall, on conviction, be liable to a fine of up to RM10,000 and/or
to imprisonment for a term of up to 3 years. Where any contributions remain unpaid by a company, a firm or an association of persons,
the directors, the partners or office-bearers of such association of persons (including the directors, the partner or office-bearers of
such association of persons during the period in which the contributions were liable to be paid), shall together with the company be jointly
and severally liable for payment of the contributions.

Employees’ Social
Security Act 1969

The Employees’
Social Security Act 1969, or the SOCSO Act, deals with the provision of social security in certain contingencies. The Social
Security Organization, or the SOCSO, was established under the SOCSO Act to administer the SOCSO Act. The SOCSO Act applies to the industry
of any business, trade, undertaking, manufacture or calling of employers, and includes any calling, service, employment, handicraft or
industrial occupation or avocation of employees.

All employees, including
the registered foreign employees, in industries to which the SOCSO Act applies are required to be insured. It is the obligation of the
principal employer to pay the contribution (both the employer’s contribution and the employee’s contribution) to SOCSO at
the rates according to the Third Schedule of the SOCSO Act. In the event of invalidity, disablement or employment injury, the insured
person and their dependents are entitled to benefits stipulated under the SOCSO Act.

Any person being an employer
who fails to pay any contributions which he is liable under the SOCSO Act to pay in respect of or on behalf of any employee shall be punishable
with a fine of up to RM10,000 and/or to imprisonment for a term of up to 2 years.

Employment Insurance
System Act 2017

The Employment Insurance
System Act 2017, or the Employment Insurance System Act provides for the establishment of an employment insurance system administered
by SOCSO to provide certain benefits and a re-employment placement program for insured persons in the event of loss of employment which
will promote active labour market policies.

All employees in the
industries to which the Employment Insurance System Act applies shall be registered and insured by the employers according to Section
16 and Section 17 of the Employment Insurance