Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 53

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 4
Chunk 53
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 System Act which shall then deemed to be an insured person. Under the Employment Insurance
System Act, both employers and employees (age between 18 to 60) are required to contribute to the employment insurance system with the
rates, subject to the revision by the Minister, as specified in the Second Schedule based on the amount of the monthly wages of the employee
insured under Employment Insurance System Act. An insured person who considers that he has lost his employment shall submit an application
to claim for benefits up to 6 months to SOCSO within 60 days from the date he considers that he has lost his employment. After considering
if the contributions qualifying conditions are fulfilled (the fulfillment of which depends on the number of past claims and contributions
made preceding to the loss of employment) in respect of a claim for benefits by an insured person, SOCSO may approve or reject the claim
for benefits.

Income Tax (Deduction
From Remuneration) Rules 1994

The Income Tax (Deduction
From Remuneration) Rules 1994, or the Income Tax Rules provides that every employer shall deduct in each month or the relevant month the
monthly deduction in accordance with the schedule of the Income Tax Rules in respect of income on account of tax from the remuneration
of each of his employees. Every employer shall pay to the Director General of Inland Revenue Malaysia, not later than the 15thday of every calendar month, the total amount of tax deducted or that should have been deducted by him from the remuneration of employees
during the preceding calendar month, and shall render to the Director General of Inland Revenue Malaysia a return setting out the details
of those employees from whose remuneration he has or should have made deductions. Any person, who without reasonable excuse, fails to
comply such rules shall be guilty of an offence and shall on conviction, be liable to a fine not less than RM200 and not more than RM20,000
or to imprisonment for a term not exceeding six months or to both.

Minimum Wages Order
2024

Pursuant to the Minimum
Wages Order 2024, commencing from February 1, 2025, the minimum wage for employees employed by an employer who employs five or more
employees or employed by an employer who carries out such prescribed professional activity (regardless of the number of employees employed),
shall be RM1,700 a month. The RM1,700 minimum wage will be fully implemented from