MAGICSTEM GROUP CORP. (OTCMKTS:MGGI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02Departure of Directors or Principal Officers;
Election of Directors; Appointment of Principal Officers

On February 20, 2017 Mr. Fong Sze Hung resigned as a director of
our company. His resignation was not the result of any
disagreements with our company regarding our operations,
policies, practices or otherwise.

Our board of directors now consists of four directors, including
Chi Man Ng, Ka Sing Edmund Yeung, Guosheng Hi, and Chun-han Lin.

About MAGICSTEM GROUP CORP. (OTCMKTS:MGGI)

Magicstem Group Corp. is a development-stage company. The Company focuses on developing stem cell cryo-preserved banking with a focus on customers in China. It operates through the Hong Kong segment. The Company, through its subsidiary, Info Nice Limited, is engaged in the provision of agency and distribution of stem cell cryo-preserved banking service in Asia and Pacific (APAC) Region. It focuses on customers from APAC Region willing to cryo-preserve, on a long-term basis, their own mesenchymal stem cells that could be harvested from various types of the customer’s human body tissue, including placenta and dental pulp. The mesenchymal stem cells cryopreservation services and cell banking facilities that Info-Nice Limited distributes is operating under the brand name, Asia Stem Cell Bank, and is located in Shanghai International Medical Zone, Shanghai City, People’s Republic of China. As of October 31, 2016, the Company had not generated any revenue from its operations.

MAGICSTEM GROUP CORP. (OTCMKTS:MGGI) Recent Trading Information

MAGICSTEM GROUP CORP. (OTCMKTS:MGGI) closed its last trading session 00.00 at 2.00 with shares trading hands.