SMI Culture & Travel Group Holdings Limited announced On 26 November 2020, the Liquidators received a letter issued by Mr. Chow Wai Shing Daniel to the Official Receiver's Office dated 17 November 2020 tendering his resignation as non-executive director of the Company with immediate effect (subject to the consent of the Securities and Futures Commission under Rule 7 of the Codes on Takeovers and Mergers and Share Buy-backs . On 5 January 2021, the Liquidators received a letter issued by Mr. Chow stating that his resignation has become effective on 31 December 2020 in view of the Offeror, Time Oasis Limited, has rescinded its interest to acquire the Charged Shares on 23 December 2020 as disclosed in the Company's announcement date 30 December 2020. The employment of Mr. Chang Kwan Yip Quillan as the company secretary of the Company was ceased on 10 November 2020.