Haha.. I don't care what news they want to release to the public, what in my concern is my trading strategy in technical analysis plus related catalyst / sentiment...... Never trust anybody in trading suggestion, just focus on your own strategy, trading plan, and discipline on it bro because that's the only way for us to survive in the stock market...

The NASDAQ proposal thing seems not only cakap kosong, one of the supporting info right now is they have changed the Financial Year End. Not so strong info but still good info which mean they are serious with the proposal and now have take further action. But, if you are a traders then your focus must be mainly on technical analysis (market reaction) than the news alone (news is only functioned as a catalyst). Whatever to happen next, focus back to your own trading plan for further action.

Remarks :
The Board of Directors of ARB Berhad had on 22 February 2022 approved the change of financial year end of the Company from 31 December to 30 June to enable the Company for better resources allocation to facilitate the proposed listing of its Internet of Things division on NASDAQ stock exchange. The next financial year end of the Company will commence from 1 January 2021 to 30 June 2022, covering a period of 18 months. Thereafter, the subsequent financial years shall end on 30 June annually.