Gemini Investments (Holdings) Limited announced that for the purpose of adopting the best practice of separating the role of Chairman and the Chief Executive Officer, the Board also announced that with effect immediately after the close of the Offers on 31 December 2020: Mr. SUM Pui Ying, the Chairman, the Chief Executive Officer and an executive Director, is no longer the Chief Executive Officer of the Company but remains as the Chairman and an executive Director; and Mr. LAI Kwok Hung, Alex, an executive Director, has been appointed as the Chief Executive Officer of the Company.