Shareholder’s four-pronged plan for Peterlabs

Lau Kin Wai, of Fatfish Venture Sdn Bhd, said the plan is to boost the ACE Market company

PETALING JAYA: The shareholder of Peterlabs Holdings Bhd seeking to change its board composition said he has a four-pronged strategy to increase the profitability of the firm.

Lau Kin Wai, of Fatfish Venture Sdn Bhd, said the plan is to boost the ACE Market company’s research and development, corporate communication, international sales and to revamp the management with the right talent. “AI (artificial intelligence) farming is a big growth area and this is something Peterlabs get into and provide its existing client base. International sales, which is only a small portion of revenue now, has a lot more room for growth,” said Lau.