The Board of Directors of Mirach Energy Limited announced the appointment of Mr. Liu Kaichun as the new Chief Executive Officer of the company in place of Mr. Chan Shut Li, William with effect from 1 June 2019. As part of the Company's plan to expand its business further and for key executives' succession planning, Mr. Chan will be re-designated as the Executive Chairman of the Board and shall resign from his CEO position. Mr. Liu will concurrently assume the role of the CEO and support Mr. Chan and the Board in rejuvenating and expanding the Company's business.