From StockTwits: 2025-03-21 04:36:00

ARB Agro Technology, a subsidiary of ARB, secures an order to manage 2,000 acres of palm oil plantations in Malaysia’s Sabah region. This news causes ARB IOT Group Ltd. (ARBB) shares to surge by over 14% in Thursday’s trading session. The company will utilize its Smart IOT Palm Farming System through a wholesaler to oversee the plantations, boosting yearly recurring revenue by $13 million. This order follows a previous deal for 3,000 acres in the same region. Additionally, ARB recently landed a $45 million AI data center order, propelling the stock forward. Retail users are optimistic about the company’s growth potential.



Read more at StockTwits: ARB IOT Stock Rips On Securing Additional AI Equipment Order To Manage Farm Plantations: Retail Sentiment Improves