On December 7, 2018, Datin Chan Heng Si resigned as the President, Chief Executive Officer and Director of M101 Corp. On that same date, Dato Yap Ting Hau resigned as a Director of the company. On December 7, 2018, the remaining board of directors appointed Ousman Haji Aliyas to serve as the company's President, Chief Executive Officer and Director.

Mr. Ousman is an entrepreneur. He previously worked as an Account Supervisor at Rashid Hussain Securities.