steve : how to question as Mr Tan Sik Eek is the director for mlab and netx...

Change in Boardroom
MLABS SYSTEMS BERHAD

Date of change 06 Apr 2018
Name MR TAN SIK EEK
Age 41
Gender Male
Nationality Malaysia
Designation Executive Director
Directorate Executive
Type of change Appointment
Qualifications Bachelor, Economics & Political Science in University of Sydney, Australia
Working experience and occupation Tan Sik Eek has more than a decade of experience ranging from corporate finance advisory to private equity investments. He was previously a partner at House of Qin Ltd., a Beijing based private equity firm focused on investing in companies seeking growth funding and pre-IPO capital.

Prior to that, Tan Sik Eek was the South East Asia Partner of Value Creation Strategies Sdn. Bhd., a Kuala Lumpur based advisory firm specialising in securing funding from a series of established North America global hedge funds, for companies listed on the regional capital markets.

Tan Sik Eek held positions in companies like Devonshire Capital LLC, a boutique investment bank headquartered in Hong Kong as well as in the corporate finance division of RHB Investment Bank.
Directorships in public companies and listed issuers (if any)
1. Fintech Global Bhd.
2. NetX Holdings Bhd.
3. AT Systematization Bhd.
4. XOX Bhd.

MLABS SYSTEMS BERHAD
(Company No.: 653227-V)
(Incorporated in Malaysia under the Companies Act, 1965)
NOTICE OF ANNUAL GENERAL MEETING
NOTICE IS HEREBY GIVEN THAT the Fourteenth Annual General Meeting of the Company will be held at Level 4, Menara Lien Hoe, No. 8, Jalan Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan on 27 September 2018 at 10.30 a.m. to transact the following businesses: -
AGENDA
1. To lay the Audited Financial Statements of the Company for the financial year ended 31 March 2018 together with the Reports of Directors and Auditors thereon.
2. To approve the payment of Directors’ fees of RM96,000 for the financial year ended 31 March 2018.
3. To approve the payment of Directors’ fees of RM180,000 from 1 April 2018 until the next Annual
General Meeting of the Company.
4. To approve the payment of Directors’ benefits (excluding Directors’ fees) of up to RM18,000 to the Non-Executive Directors with effect from 1 October 2018 until the next Annual General Meeting of the Company.
5. To re-elect the following directors who retire pursuant to Article 133 of the Company’s Constitution:-
5.1 General Tan Sri Dato’ Sri Hj. Suleiman Bin Mahmud RMAF (Rtd)
5.2 Mejar Dato’ Ismail Bin Ahmad (Retired)
6. To re-elect Tan Sik Eek who retires pursuant to Article 137 of the Company’s Constitution.
7. To re-appoint Messrs BDO as Auditors of the Company and authorise the Directors to determine
their remuneration.
8. Authority to Allot Shares
As Special Business to consider and if thought fit, to pass the following Ordinary Resolution, with
or without modifications: -
“THAT subject always to the approvals of the relevant governmental and/or regulatory authorities, the Directors be and are hereby authorised pursuant to Section 75 of the Companies Act 2016 to allot shares in the Company at any time until the conclusion of the next Annual General Meeting upon such terms and conditions and for such purposes as the Directors may in their absolute discretion deem fit provided that the aggregate number of shares to be allotted pursuant to this Resolution does not exceed 10% of the total number of issued shares of the Company for the time being.”
9. Proposed Retention of Independent Non-Executive Director
To consider and if thought fit, to pass the following Ordinary Resolution, with or without
modifications:-
“THAT subject to the passing of Ordinary Resolution 4, General Tan Sri Dato’ Sri Hj. Suleiman Bin
Mahmud RMAF (Rtd) be and is hereby retained as an Independent Non-Executive Director of the
Company.”
10. To transact any other business of which due notice shall have been received.
BY ORDER OF THE BOARD
SEOW FEI SAN
LOH LAI LING
Secretaries

steve : if you still hold some shares, you can express your dissatisfaction there (this is the right venue). You can also ask whether NTA announced was a mistake i.e "wrong decimal point" !