The board of directors of Sanbase Corporation Limited announced that Mr. Wu Kam On, Keith ("Mr.Wu") has tendered his resignation as an independent non-executive director, a chairman of audit committee and a member of each of the nomination committee and remuneration committee of the Company respectively with effect from 2 February 2020 in order to devote more time to his other personal business engagements. The Board also announced that Mr. Wong Sai Chuen, the chairman, chief executive officer and executive director of the Company, has been appointed as a chairman of nomination committee of the Company with effect from 8 January 2020.