The board of directors of Fameglow Holdings Limited announced that the Company and Innovax Capital Limited have mutually agreed to terminate the compliance adviser agreement entered into between the Company and Innovax Capital dated 12 June 2018 with effect from 9 May 2020 due to the consideration of fee levels. The Board and Innovax Capital confirm that, as at the date of this announcement, there are no other matters relating to the Termination that need to be brought to the attention of the shareholders of the Company and the Stock Exchange. The Board further announced that Sorrento Capital Limited has been appointed as the new compliance adviser to the Company pursuant with effect from 9 May 2020 until the date.