Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 77

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 5
Chunk 77
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  (ii)       The administrative and operation costs, except for salary and other staff costs, are expected to increase by 3% annually. The salary and other staff costs are expected to increase by ranging fr...  
  (iii)      The statutory tax rate is based on Malaysia’s corporate tax rate of 24%.                                                                                                                              
  (iv)       There will be no significant changes to the prevailing national economic and political conditions or other abnormal changes and elsewhere.                                                            
  (v)        There will be no significant changes in the present legislation or government regulations affecting the activities of DASB.                                                                           
  (vi)       There will be no major breakdown or disruption in the operations., arising from industrial disputes, shortages in labor, social, economic and political changes or other abnormal factors that wi...  
  (vii)      There will be no unusual events or transactions that will materially affect the operations or results of DASB.                                                                                        

  (viii)      There will be no legal proceedings against DASB which will adversely affect the activities or performance of DASB or give rise to any contingent liabilities., which will materially affect the p...  
  (ix)        There will be no adverse effects from weather conditions, industrial accidents or other similar occurrence, climatic diseases, wars, terrorist attacks, and other natural risks, both domesticall...  
  (x)         DASB meets all the regulations and standards prescribed by the authorities.                                                                                                                           
  (xi)        There will be not any substantial impairment to the carrying value of DASB’s non-current assets.                                                                                                      
  (xii)       Pre-tax discount rate of 13.20% per annum has been applied in determining the initial cost recognition.                                                                                               

Computer Systems

Computer systems comprise source codes recognized
in a business combination at the acquisition date and source codes purchased from third parties, which were held for use in the production
or supply of goods or services to customers. The source codes are initially measured at cost. After initial recognition, source codes
are measured at cost less accumulated amortization and accumulated impairment losses.

Amortization is calculated to write down the cost
of the assets to their residual values on a straight-line basis over their estimated useful lives. The estimated useful lives represent
common life expectancies applied in the various business segments of the Company. The principal annual rates used are 20%.

Goodwill

Goodwill recognized in a business combination
is an intangible asset at the acquisition date and is