Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 34

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 3
Chunk 34
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comparatively limited judicial precedent in the Cayman Islands as well as from the common law of England, the decisions of whose courts
are of persuasive authority, but are not binding, on a court in the Cayman Islands. The rights of our shareholders and the fiduciary duties
of our directors under Cayman Islands law are not as clearly established as they would be under statutes or judicial precedent in some
jurisdictions in the United States. In particular, the Cayman Islands have a less developed body of securities laws than the United States.
Some U. S. states, such as Delaware, have more fully developed and judicially interpreted bodies of corporate law than the Cayman
Islands. In addition, Cayman Islands companies may not have standing to initiate a shareholder derivative action in a federal court of
the United States.

Shareholders of Cayman
Islands exempted companies like us have no general rights under Cayman Islands law to inspect corporate records or to obtain copies of
lists of shareholders of these companies. Our directors have discretion under our amended and restated memorandum and articles of association
to determine whether or not, and under what conditions, our corporate records may be inspected by our shareholders, but are not obliged
to make them available to our shareholders. This may make it more difficult for you to obtain the information needed to establish any
facts necessary for a shareholder resolution or to solicit proxies from other shareholders in connection with a proxy contest.

As a result of all of
the above, our public shareholders may have more difficulty in protecting their interests in the face of actions taken by our management,
members of our board of directors or our principal shareholders than they would as public shareholders of a company incorporated in the
United States. For a discussion of significant differences between the provisions of the Companies Act of the Cayman Islands and
the laws applicable to companies incorporated in the United States and their shareholders.

Certain judgments obtained against us by our shareholders may
not be enforceable.

We are a company incorporated
under the laws of the Cayman Islands. We conduct our operations outside the United States and substantially all of our assets are located
outside the United States. In addition, substantially all of our directors and executive officers reside outside the United States, and
most of their assets are located outside the United States. As a result, it may be difficult or impossible for you to bring an action
against us or against them in the United States in the event that you believe that your rights have been infringed under the