ARB eyes M&A, collaborations in cloud computing

Source:- ARB Bhd is eyeing a merger and acquisition (M&A) deal this year, leveraging its current strong net cash position, to expand the group’s cloud computing business. The group plans to extend ARB’s footprint in the IT segment by targeting an M&A deal with a higher return on investment, which is expected to increase its shareholders’ value. “I think we are in a good position to expand our business beyond the boundary. Over the last three years, we have solidified

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