OTHERS PETERLABS HOLDINGS BERHAD ("PETERLABS" or the "COMPANY") - REQUISITION PURSUANT TO SECTION 311(3)(a) OF THE COMPANIES 2016 ("CA 2016") - NOTICE OF REQUISITION TO MOVE RESOLUTIONS REQUIRING SPECIAL NOTICE PURSUANT TO SECTIONS 206(3) AND 322 OF THE CA 2016 - NOTICE OF REQUISITION TO MOVE RESOLUTIONS FOR REMOVAL OF DIRECTORS FROM OFFICE AND TO PROPOSE PERSONS FOR ELECTION AS DIRECTORS AND RE-DESIGNATION AS MANAGING DIRECTOR

Type	Announcement
Subject	OTHERS
Description	PETERLABS HOLDINGS BERHAD ("PETERLABS" or the "COMPANY") - REQUISITION PURSUANT TO SECTION 311(3)(a) OF THE COMPANIES 2016 ("CA 2016") - NOTICE OF REQUISITION TO MOVE RESOLUTIONS REQUIRING SPECIAL NOTICE PURSUANT TO SECTIONS 206(3) AND 322 OF THE CA 2016 - NOTICE OF REQUISITION TO MOVE RESOLUTIONS FOR REMOVAL OF DIRECTORS FROM OFFICE AND TO PROPOSE PERSONS FOR ELECTION AS DIRECTORS AND RE-DESIGNATION AS MANAGING DIRECTOR
Reference is made to the announcement dated 27 February 2019 in relation to the receipt of a written requisition from shareholders of the Company to convene an Extraordinary General Meeting ("EGM") pursuant to Section 311 and Section 312 of the Companies Act 2016. The Board of Directors (?Board?) wishes to announce that the proposed EGM as requisitioned by Fatfish Ventures Sdn Bhd and Hoifutinhong Sdn Bhd will not be in the best interest of the Company. The Chairman, Dato' Hon Choon Kim and/or the Managing Director, Mr Lim Tong Seng has been given the full mandate and absolute authority for the Board to take the necessary actions on behalf of the Board including responding to, replying to and/or dealing with the respective shareholders who requisitioned for the EGM as well as seeking proper legal advice, opinions and/or resorting to any appropriate legal actions and any incidental matters in relation thereof. This announcement is dated 12 March 2019.