| Schedule of Details of the Subsidiaries |
The principal place of business of the subsidiaries
are in Malaysia and/or incorporated in Malaysia unless indicated otherwise. The details of the subsidiaries are as follows:
| | | Ownership Interest in equity | | Name of company | | December 31,
2025
% | | | June 30,
2025
% | | | Principal activities | | | | | | | | | | | | ARB IOT (M) Sdn. Bhd. (“AIMSB”) | | 100 | | | 100 | | | Investment holding | | | | | | | | | | | | ARB IOT Group Sdn. Bhd. (“AIGSB”) | | 100 | | | 100 | | | Investment holding | | | | | | | | | | | | Subsidiaries of AIGSB | | | | | | | | | | ARB AI Agro Sdn. Bhd. (“ARB AI Agro”) | | | 100 | | | | 100 | | | Investment holding | | | | | | | | | | | | | | Subsidiary
of ARB AI Agro | | | | | | | | | | | | ARB Agro Technology Sdn. Bhd. (“ARB Agro Tech”) | | | 100 | | | | 100 | | | Business in digital agricultural technology | | | | | | | | | | | | | | ARB Lab Sdn. Bhd. (“ARB Lab”) | | | 100 | | | | 100 | | | Investment holding | | | | | | | | | | | | | | Subsidiaries
of ARB Lab | | | | | | | | | | | | ARB
R&D Sdn. Bhd. (“ARB R&D”) | | | 100 | | | | 100 | | | Development of IT and IoT for software and hardware | | | | | | | | | | | | | | Subsidiaries
of ARB R&D | | | | | | | | | | | | ARB Innovation Sdn. Bhd. (“ARB Innovation”) | | | 100 | | | | 100 | | | Provision of IT software and hardware solution | | | | | | | | | | | | | | ARB
R1 Technology Sdn. Bhd (“ARB R1”) | | | 100 | | | | 100 | | | Dormant | | | | | | | | | | | | | | ARB Robotic Sdn. Bhd. (“ARB Robotic”) | | | 100 | | | | 100 | | | Investment holding | | | | | | | | | | | | | | Subsidiary
of ARB Robotic | | | | | | | | | | | | ARB Intelligence Sdn. Bhd. (“ARB Intelligence”) | | | 100 | | | | 100 | | | IoT cloud business platform | | | | | | | | | | | | | | ARB
Synergy Sdn. Bhd. (“ARB Synergy”) | | | 100 | | | | 100 | | | Investment holding | | | | | | | | | | | | | | Subsidiary
of ARB Synergy | | | | | | | | | | | | ARB Databook Pte. Ltd. (“ARB Databook”) | | | 100 | | | | 100 | | | Business in software development and data analytic |
| 1. | On July 15, 2024, AIGSB executed a Trust Deed with Liew Kok
Leong (“Trustee”), whereby the Trustee is a registered holder of 1 share representing 100% of the issued and paid-up share
capital of ARB Synergy. Consequently, ARB Synergy and its wholly-owned subsidiary, ARB Databook became a wholly-owned subsidiary of the
Company. |
| 2. | On December 10, 2024, AIGSB has subscribed to an additional one (1) ordinary shares of ARB AI Agro for a total cash consideration of RM 8,979,999.00. Following the subscription, there is no change in stake and the Company’s effective interest in ARB AI Agro’s ordinary shares remained at 100%. |
| 3. | On December 10, 2024, AIGSB has subscribed to ten (10) ordinary shares representing 0.99% equity interest of ARB Agro Tech for a total cash consideration of RM 35,016,000.00. Following the subscription, the Company’s effective interest in ARB Agro Tech’s ordinary shares remained at 100%. |
| 4. | On December 10, 2024, ARB R&D has subscribed to an additional eight (8) ordinary shares of ARB Innovation for a total cash consideration of RM 570,000.00. Following the subscription, there is no change in stake and the Company’s effective interest in ARB Innovation’s ordinary shares remained at 100%. |
| 5. | On December 10, 2024, AIGSB has subscribed to one (1) ordinary share representing 10% equity interest of ARB Innovation for total cash consideration of RM 57,630,648.00. Following the subscription, the Company’s effective interest in ARB Innovation’s ordinary share remained at 100%. |
| 6. | On December 10, 2024, ARB Lab has subscribed to an additional eight (8) ordinary shares of ARB R&D for a total cash consideration of RM 590,000.00. Following the subscription, there is no change in stake and the Company’s effective interest in ARB R&D’s ordinary shares remained at 100%. |
| 7. | On December 10, 2024, AIGSB has subscribed to one (1) ordinary share representing 10% equity interest of ARB R&D for a total cash consideration of RM 8,000,000.00. Following the subscription, the Company’s effective interest in ARB R&D’s ordinary share remained at 100%. |
| 8. | On December 10, 2024, AIGSB has subscribed to an additional one (1) ordinary shares of ARB Robotic for a total cash consideration of RM 9,379,900.00. Following the subscription, there is no change in stake and the Company’s effective interest in ARB Robotic’s ordinary shares remained at 100%. |
| 9. | On December 10, 2024, AIGSB has subscribed to ten (10) ordinary shares representing 0.99% equity interest of ARB Intelligence for a total cash consideration of RM 53,045,000.00. Following the subscription, the Company’s effective interest in ARB Intelligence’s ordinary shares remained at 100%. |
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