Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 29

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 3
Chunk 29
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 either the U. S., Cayman Islands
or Malaysia and, even if civil judgments are obtained in U. S. courts, to enforce such judgments in Malaysian courts.

Failure to comply with the U. S. Foreign
Corrupt Practices Act and Malaysia anti-corruption laws could subject us to penalties and other adverse consequences.

We are required to comply the Malaysia’s
anti-corruption laws and the United States Foreign Corrupt Practices Act (“ FCPA”), which generally prohibit U. S.-based companies
and their intermediaries from making improper payments to non-U. S. officials for the purpose of obtaining or retaining business, directing
business to another, or securing an advantage. In addition, U. S. public companies are required to maintain records that accurately and
fairly represent their transactions and have an adequate system of internal accounting controls. Under the FCPA, U. S. companies may be
held liable for the corrupt actions taken by directors, officers, employees, agents, or other strategic or local partners or representatives.
As such, if we or our intermediaries fail to comply with the requirements of the FCPA or similar legislation, governmental authorities
in the United States and elsewhere could seek to impose substantial civil and/or criminal fines and penalties which could have a material
adverse effect on our business, reputation, operating results and financial condition.

Risks Related to Ownership of Our Ordinary
Shares

The price of our ordinary shares may be
volatile or may decline regardless of our operating performance, and you could lose all or part of your investment.

Our periodic operating results are likely to fluctuate
as a publicly traded company. In addition, securities markets worldwide have experienced, and are likely to continue to experience, significant
price and volume fluctuations. This market volatility, as well as general economic, market, or political conditions, could subject the
market price of our ordinary shares to wide price fluctuations regardless of our operating performance. You may not be able to resell
your shares at or above price you paid or at all. The trading price of our ordinary shares may fluctuate in response to various factors,
including:

  variations                                                 

  adverse                                                                       

  announcements                                                               

  stock                                  

  fluctuations                         

  changes                                 
  in senior management or key personnel;  
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  changes                                         
  in financial estimates by securities analysts;  
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  negative                                                   

  incurrence                                                                            

  global                                                                    

  the