Company: ARBB
Filing Date: 2025-10-31
Form Type: 20-F
Source: 0001213900-25-104705
Chunk: 121

Company: ARB IOT Group Ltd
Filing Date: 2025-10-31
Form: 20-F
Item: Item 19
Chunk 121
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 assets and liabilities at fair value through profit
or loss and other comprehensive (loss)/income.

Amendments to IFRS Accounting Standards that
are mandatorily effective for the current year

The Group has adopted the following amendments to IFRS Accounting Standards
for the first time for the current year’s consolidated financial statements.

  Amendments to IFRS 16               Lease Liability in a Sale and Leaseback                                          
  Amendments to IAS 1                 Classification of Liabilities as Current or Non-current (the “2020 Amendments”)  
  Amendments to IAS 1                 Non-current Liabilities with Covenants (the “2022 Amendments”)                   
  Amendments to IAS 7 and IFRS 7      Supplier Finance Arrangements                                                    

The nature and the impact of the amendments to IFRS Accounting Standards
that are applicable to the Group are described below:

  (a)      Amendments to IFRS 16 specify the requirements that a seller-lessee uses in measuring the lease liability                               

The amendments had no impact on the financial
position or performance of the Group.

  (b)      The 2020 Amendments and 2022 Amendments specify the requirements for classifying liabilities as current  
           or non-current.                                                                                          
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

The 2020 Amendments clarify:

  what is meant by a right to defer settlement                             

  classification is unaffected by the likelihood               
  that the entity will exercise its right to defer settlement  
 ───────────────────────────────────────────────────────────────

  a liability can be settled in its own equity                                                                                            

The 2022 Amendments clarify:

  among covenants of a liability arising from a                                                                                              
  loan arrangement, only those with which an entity must comply on or before the reporting date affect the classification of that liability  
  as current or non-current. Additional disclosures are required for non-current liabilities that are subject to the entity complying with   
  future covenants within 12 months after the reporting period.                                                                              
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

The Group has reassessed the terms and conditions
of its liabilities as of July 1, 2024 and 2023 and concluded that the classification of its liabilities as current or non-current remained
unchanged upon initial application of the amendments.

The amendments had no impact on the financial
position or performance of the Group