Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 146

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 19
Chunk 146
---
 7,639  
  Cash and bank balances                                                     2,950  
  Other payables and accruals                                             ( 65,352  
                                                                          ( 54,763  
  Realization of foreign currency translation gain reclassified from           787  
                                                                          ( 53,976  
  Add: Goodwill                                                             47,799  
                                                                           ( 6,177  
  Gain on disposal of subsidiaries at the Group level                        6,178  
  Net disposal proceeds                                                          1  
  Cash and cash equivalents of subsidiaries disposed                       ( 2,950  
  Net cash outflow upon disposal of subsidiaries                           ( 2,949  

F-41

24. RECLASSIFICATION OF PREVIOUSLY ISSUED CONSOLIDATED FINANCIAL
STATEMENTS

The Group restated the accompanying consolidated
financial statements and related notes. As a result of this reclassification, there was no change in the assets, liabilities and equity
or net revenues and expenses. Furthermore, there was no change in the net increase in cash and cash equivalents.

IN CONSOLIDATED STATEMENT OF CASH FLOWS:

  Operating activities for the year ended June 30, 2024:      Previously                     Adjustments/                           Restated  
                                                              reported                       Reclassification                                 
                                                              RM                             RM                                     RM        
  Interest received                                                           1,607,963                            ( 1,607,963                
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Investing activities for the year ended June 30, 2024:                                                                      Previously                   Adjustments/                         Restated                 
                                                                                                                              reported                     Reclassification                                              
  Interest received                                                                                                                           -                                  1,607,963                    1,607,963  
  Proceed from redemption of non-convertible redeemable of preference shares by non-controlling interest of a subsidiary                      ( 1,000                                1,000                    -          
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  Financing activities for the year ended June 30, 2024:                                                                      Previously      Adjustments/                       Restated               
                                                                                                                              reported        Reclassification                                          
  Proceed from redemption of non-convertible redeemable of preference shares by non-controlling interest of a subsidiary                                            ( 1,000                    ( 1,000  
 ─────────────────────────────────────────────────────────────────────────────────────────────────