The board of directors of Munsun Capital Group Limited announced that Mr. Wu Tai Cheung due to his other business engagements, has tendered resignation as an Independent Non-Executive Director of the company. Mr. Wu also ceased to act as the Chairman of the Audit Committee and a member of the Remuneration Committee and the Nomination Committee of the company, in each case, with effect from March 1, 2019. Ms. Wong Chi Yan was appointed as an Independent Non-Executive Director, the Chairman of the Audit Committee and a member of Remuneration Committee and Nomination Committee of the company, in each case, with effect from 1 March 2019. Ms. Wong is currently an independent non-executive director of each of Success Dragon International Holdings Limited, Huiyin Holdings Group Limited and Asia Television Holdings Limited, companies listed on the Main Board of the Stock Exchange. Ms. Wong is also the company secretary of Goldway Education Group Limited, and the company secretary and authorised representative of each of Flyke International Holdings Ltd. and China Properties Investment Holdings Limited, companies listed on the Main Board of the Stock Exchange.