Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 42

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 4
Chunk 42
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 (2) and not more than one (1)-for-twenty (20). On May 29, 2025, the board of directors of the Company
approved a one-for-fifteen reverse share split of the Company’s issued and unissued ordinary shares, with a new par value of $0.0015
per share (the “ Reverse Split”). Immediately following the completion of the Reverse Split, the Company had 1,765,256 ordinary
shares issued and outstanding.

On June 9, 2025, ARB
IOT Limited distributed the entire shares it held in the Company to its sole owner, Nexura Solutions Sdn. Bhd. (“ Nexura”)(formerly known as ARB Holdings Sdn Bhd). On June 9, 2025, Nexura further distributed such shares to its sole owner, Cahaya Fantasi
Sdn Bhd (“ Cahaya”). Cahaya subsequently declared a distribution of these shares to its six (6) shareholders in proportion
to their respective ownership interests in Cahaya. On June 17, 2025, the six (6) shareholders received their respective portions of these
shares of the Company. As a result of these distributions, ARB IOT Limited no longer beneficially owns any ordinary share in the Company.

We operate our business through our indirect subsidiaries in Malaysia. The following diagram illustrates our corporate structure as of
June 30, 2025.

Note:

  (1)      ARB Synergy Sdn Bhd became a wholly-owned subsidiary of ARB IOT Group Sdn Bhd via trust deed  

Operating Subsidiaries

ARB Lab Sdn. Bhd. (“ ARB Lab”)
was incorporated in Malaysia as a private company limited by shares on December 16, 2020, with an issued and paid-up capital of RM1,000,000
comprising one million (1,000,000) ordinary shares. Subsequently, ARB Lab has issued four hundred thousand (400,000) preference shares
with an issue price of RM0.001 to Polo Jasa Sdn. Bhd. Consequently, the issued share capital of ARB Lab has increased to RM1,000,400.
The principal activities of ARB Lab are research and development of IT and IoT for software and hardware and investment holding.

ARB R& D Sdn. Bhd. (“ ARB R& D”)
was incorporated in Malaysia as a private company limited by shares on April 2