The board of directors of Global Token Limited announced that Ms. Tse Man Shan ceased to act as authorised representative of the Company under Rule 5.24 of the GEM Listing Rules with effect from 19 November 2019 due to her personal commitments which require more of her time. Ms. Tse confirmed that she has no disagreement with the Board and there are no circumstances that need to be brought to the attention of the shareholders of the Company in relation to her resignation. The Board is pleased to announced that Mr. Yu Lap Pan has been appointed as the Authorised Representative and the Financial Controller of the Company with effect from 19 November 2019. Mr. Yu has over 15 years of experience in the related fields of finance, auditing, accounting and corporate governance practices. He is a fellow member of the Association of Chartered Certified Accountants and member of Hong Kong Institute of Certified Public Accountants.