\n<\/p>\n
KUALA LUMPUR, MALAYSIA –\u00a0Media OutReach<\/a>\u00a0– 13 October 2021 – Main Market-listed <\/b>information technology (“IT”) software and platform provider ARB Berhad (KLSE:7181)<\/b>
ARB Berhad Executive Director Dato Sri’ Larry Liew Kok Leong (<\/b>\u62ff\u7763\u65af\u91cc\u5218\u56fd\u826f<\/b>)<\/b>
ARB WeMeet are critical tools that will help to revolutionize how
ARB WeMeet’s offering includes state-of-the-art video and audio
“One of the criticisms on virtual shareholders meeting is the lack of
He added that the platform also provides an integrated
“WeMeet ensures that the voting process is transparent and
Given that all the public listed companies in Malaysia, Singapore,
According to Dato’ Sri Larry Liew, the rollout of WeMeet in
“We’re also looking beyond Malaysia by bringing in global
ARB taps on the big shift towards
digital as well as SC’s guidelines to encourage listed issuers to continue
leveraging on technology beyond the MCO period, with the launching of its
Virtual AGMs’ Solutions, ARB WeMeet. ARB WeMeet will be available for
corporate clients at a competitive rate while offering solutions that drive
proactive engagements …<\/p>\n","protected":false},"author":1,"featured_media":18101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18100"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18100"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18101"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n(“ARB” or “Group”) launches its self-developed
\nvirtual shareholders’ meeting (“VSM”) \u2013 ARB WeMeet<\/b> to provide companies
\nand shareholders with a stress-free, intuitive and enriched experience.<\/p>\n
\nsaid: “We’re excited with the launching of WeMeet, our state-of-the-art Virtual
\nShareholders’ Meeting, that will serve the needs of shareholders and companies
\nin the “New Normal”. Since the beginning of the pandemic, we have been working
\ntirelessly to develop a virtual meeting solution, leveraging on our expertise
\nin the digital space and our understanding of the importance of corporate
\ngovernance and engagement with shareholders. We are thrilled that it’s finally
\nready to serve the market, and we have ensured that our solutions are at a
\ncompetitive rate, making it easier for our corporate clients to shift towards
\nvirtual meetings.”<\/p>\n
\ncompanies conduct their annual meetings and engage with shareholders. There are
\na lot of advantages to conducting a virtual meeting over a physical meeting as
\nit enables shareholders to participate in the meeting remotely easily. In the
\nwake of the COVID-19 pandemic, most corporates and shareholders have realized
\nthe importance of the VSMs tool. According to Computershare data, 40% of the
\nAnnual General Meetings (AGMs) globally were conducted virtually during the
\nfirst seven months of 2021 as compared to just 27% in 2020. <\/p>\n
\nexperience, role-based meeting views, comprehensive meeting management tools
\nand real-time Q&A functionality. <\/p>\n
\nengagement with shareholders, and the system might be open to abuse. With
\nWeMeet, we are sure that the platform allows for a highly engaging and modern
\nvirtual experience, starting with a seamless meeting authentication, a
\n“Zoom-like” meeting experience and real-time Q&A functionality,” Dato’ Sri
\nLarry Liew said.<\/p>\n
\nconsole to manage all aspects of the VSM experience, including seamless
\nmanagement of high-quality video and audio, streamed from multiple presenters,
\nscreen sharing, meeting materials management and voting. <\/p>\n
\nthat the meeting is open for engagement with shareholders.” Dato’ Sri Larry
\nLiew said, adding that shareholders democracy, particularly retail investors’
\naccess to boards will not be eroded with WeMeet solutions. <\/p>\n
\nIndonesia, Thailand, Australia would need to organize an annual
\ngeneral meeting on a yearly basis, excluding the extraordinary general meeting,
\nthis would provide a huge potential for ARB. Based on the Group’s internal
\ntarget to capture 30% of these market, WeMeet is expected to generate a
\nlucrative yearly recurring income for the Group. <\/p>\n
\nMalaysia is the first phase and while the VSM solution is competitive, he is
\nconfident that the Group’s competitive pricing and viable solutions that
\naddress some of the concerns over the virtual meeting, put ARB in a good
\nposition to capture the market. Most of the Annual Meeting of shareholders will
\nnow be conducted exclusively online by remote communication. This decision was
\nmade in light of the Covid-19, public health concerns and required limits on
\npublic gatherings.<\/p>\n
\naudience. It is our intention to help these corporates to shift towards digital
\nas it has always been our priorities. Given the potential of WeMeet and the
\nsustainable business model, we believe that this will be a launching pad for us
\nto expand our offerings. We welcome partnership collaboration in Asia-Pacific
\nregion to grow our market,” he said. <\/p>\n<\/p><\/div>\n\n
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