Memories Group Limited announced the cessation of Independent and Non-Executive Director, Ms. Judy Chan, who concurrently ceased to be a member of the Remuneration Committee of the Company. It is envisaged that Ms. Judy Chan will need to spend more time attending to the matters disclosed in the announcement made by Grace Wine Holdings Limited on GEM of The Hong Kong Stock Exchange Limited on 19 November 2018 which will limit time that she will have on the Company.