Asiabest Group International, Inc. announced that the following officers and directors of Asiabest Group International Inc. resigned on February 4, 2019: Atty. Rachelle G. Lambuson as Corporate Secretary, Corporate Information Officer, and Compliance Officer of the Corporation; Ms. Helene Marie S. Francisco as Assistant Compliance Officer; Edgardo G. Alimagno as Director, Chairman and President; Manuel Ong as Independent Director; Emmanuel B. Ganzon as Director; and Isabelo A. Mariano as Director. Subsequent to the acceptance of the resignations, the following were appointed to take their places until the next annual shareholders' meeting and until his successor is duly elected and qualified: Christine P. Base as Corporate Secretary, Corporate Information Officer, and Compliance Officer; Manuel M. Lazaro as Director; Masamitsu Fujime as Director; Hajime Tokuda as Director; Wilfrido E. Sanchez as Independent Director.

The members of the Nomination Committee also resigned February 4, 2019. acceptance of the resignations, the following were appointed to take their places until the next annual shareholders' meeting and until his successor is duly elected and qualified: Wilfrido Sanchez- Chairman; Manuel M. Lazaro- Member; Masamitsu Fujime- Member.