https://www.theedgemarkets.com/article/arb-inks-water-tech-deals-two-chinese-companies-worth-rm800m
RM800,000,000million of contract signed
What does that news mean for our local stock market ? Where and when we can really see them in that case ? Ah I see, I am reading till the end of article that it's 0.5 sen or 1.15% at 44 sen with a market capitalisation of RM67.6 million. Thanks for that post.
https://www.klsescreener.com/v2/news/view/570602/arb-seals-rm84m-per-year-contract-with-cambodian-firm
KUALA LUMPUR (Aug 22): ARB Bhd has signed a contract with a Cambodia agriculture products firm to provide an enterprise resource planning (ERP) system.
ARB, formerly known as Aturmaju Resources Bhd, said the contract with Tatan Land Co Ltd is expected to contribute an estimated US$20 million (RM84 million) to the group’s topline per year.
ARB will provide a customised ERP system and system integration solution (SIS) to TLCL. The system's features include real-time sales tracking, real-time sales and inventory, inventory management, warehousing, and logistics optimisation, the group said in a filing with Bursa Malaysia.
The one-year contract can be renewed automatically when TLCL achieves the agreed target of US$20 million in gross merchandise value.
ARB said the contract, signed by its wholly-owned unit ARB Development Sdn Bhd, is in line with the group’s regional business plan to continue to expand its footprint in Cambodia.
“With our ERP solutions, we hope to assist TLCL to accurately map inventory assortments against consumer preferences and seasonal trends across their operations/outlets,” said ARB chief executive officer for investment and technology Datuk Larry Liew Kok Leong.
“This ultimately provides better customer service with an improved, more real-time understanding of what is selling and what is not,” Liew added.
ARB shares closed 1.5 sen or 4.05% lower at 35.5 sen, giving the company a market capitalisation of RM74.57 million.
ARBB secured another project of erp software with rm84 million
Well, looking how active topic is I bet that it's very very popular company and it's time to make it really possible to work with it by investing into it, what do you say ? Can you please comment this ? I am waiting out for all that. Do hope to make it better.