On January 28, 2019, Union Bridge Holdings Limited received a letter of resignation from Kam Pang Chim pursuant to which Mr. Chim resigned as the Chief Financial Officer of the Company. On January 28, 2019, the Company's Board of Directors appointed Kenny Chow to be the Company's Chief Financial Officer. Mr. Chow has over 25 years of experience in finance and accounting. Mr. Chow has been a financial consultant to a group of companies involved in mining exploration and investments, since February 2016.