Business Context and Reporting Period
Powell Max Limited, a foreign private issuer, filed Form 6-K on December 16, 2025, to report material changes to its Board of Directors. The filing covers the month of December 2025 and is not an annual or quarterly financial report.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a corporate governance announcement and contains no financial performance data.
Material Changes
- Resignations: Mr. Hui Chun Kin Norman and Mr. Luk Kam Fan, Jimmy resigned from the Board effective December 16, 2025, for personal reasons with no disagreement regarding company operations.
- Appointments: Ms. Cheung Tan and Ms. Suen, Tin Yan were appointed as directors effective December 16, 2025, to fill the vacancies until the next annual general meeting.
Management Commentary and Risks
Management confirmed the resignations were not due to any disagreement on operations, policies, or practices. The new directors bring specific expertise:
- Ms. Cheung Tan: Background in risk and ESG advisory, internal controls, and tax analysis (formerly PricewaterhouseCoopers). Holds CPA and ESG analyst certifications.
- Ms. Suen, Tin Yan: Over 10 years of experience in corporate finance, M&A, and fund raising, with a background in asset management and legal studies.
The filing states the information is furnished but not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Key Facts for Investor Verification
- Verify the effective date of the board changes (December 16, 2025).
- Confirm the professional backgrounds and qualifications of the new directors, Ms. Cheung Tan and Ms. Suen, Tin Yan.
- Check for any subsequent filings regarding the company's financial status, as this 6-K contains no financial data.
- Monitor the timing of the next annual general meeting to determine the tenure of the interim directors.