The Board of Directors of Blumont Group Ltd. announce that Mr. Lee Tak Meng has tendered his resignation as an Executive Director of the Company and his last day of service will be on 30 November 2020. He will also relinquish his role as the Chief Executive Officer of the Company with effect from the same date. Reason For cessation is to pursue other growth opportunities. Lee Tak Meng was responsible for implementing the Group's strategies plans and overseeing the day-to-day operations of the Group.