Glorious Creation Limited announced that Liam Corcoran has resigned as a director of the company and that Teresa Rzepczyk has been appointed to fill the vacancy on the board of directors. In addition and in connection with Mr. Corcoran's resignation, the company announces it has changed the composition of its audit committee. Nick Luksha has resigned from the audit committee and the company appointed Constantine Carmichel and Teresa Rzepczyk in place of Mr. Corcoran and Mr. Luksha.

Further, Toby Lim was appointed as chair of the audit committee.