The board of directors of Gemini Investments (Holdings) Limited has been notified by its executive Director and chief executive officer, Mr. SUM Pui Ying ("Mr. Sum") that with effect from 25 March 2020, Mr. Sum has resigned as an executive director, the company secretary and an authorised representative of Sino-Ocean Group Holding Limited and a controlling shareholder of the Company), in order to devote more time to his other commitments within the Group. Mr. Sum will continue to act as the Chief Financial Officer of Sino-Ocean.