Powell Max Limited Announces Change of Chief Financial Officer

Rhea-AI Summary

Powell Max (Nasdaq: PMAX), a Hong Kong-based financial communications services provider, has announced a change in its Chief Financial Officer position. Mr. Chun Ho Lam has resigned due to personal reasons, and the company has appointed Ms. Kam Lai Kwok as the new CFO.

Ms. Kwok brings over 30 years of experience in public accounting and financial management, including more than 20 years in the financial communications and financial printing industry. She has been an associate of the Hong Kong Institute of Certified Public Accountants since January 1997. Prior to joining Powell Max, Ms. Kwok served as an executive director of a Hong Kong listed company in the same industry and as a financial controller of its operating subsidiary for over 8 years.

Positive

• Appointment of a new CFO with extensive industry experience
• New CFO has over 30 years of experience in public accounting and financial management
• New CFO has been an associate of the Hong Kong Institute of Certified Public Accountants since 1997

Negative

• Resignation of the previous CFO

HONG KONG, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Powell Max Limited (Nasdaq: PMAX) (the “Company” or “Powell Max”), a financial communications services provider headquartered in Hong Kong, today announced the resignation of Mr. Chun Ho Lam   (“Mr. Lam”) as the Chief Financial Officer of the Company due to personal reasons.  The Company thanks Mr. Lam for his contributions during his tenure of office.

The Company has appointed Ms. Kam Lai Kwok (“Ms. Kwok”) as the new Chief Financial Officer. 

Ms. Kwok is an associate of the Hong Kong Institute of Certified Public Accountants (formerly known as the Hong Kong Society of Accountants) since January 1997 and has over 30 years of experience in public accounting and financial management. She also has extensive managerial experience in financial communications and financial printing industry for over 20 years. Prior to her joining of the Company, Ms. Kwok served as an executive director of a Hong Kong listed company  principally engaged in financial communications and financial printing services and as a financial controller of its operating subsidiary for over 8 years.

About Powell Max Limited

Powell Max Limited is a financial communications services provider headquartered in Hong Kong. The Company engages in the provision of financial communications services that support capital market compliance and transaction needs for corporate clients and their advisors in Hong Kong. Its financial communications services cover a full range of financial printing, corporate reporting, communications and language support services from inception to completion, including typesetting, proofreading, translation, design, printing, electronic reporting, newspaper placement and distribution. The Company’s clients consist of domestic and international companies listed in Hong Kong, together with companies who are seeking to list in Hong Kong, as well as their advisors.

Forward-Looking Statements

This press release contains certain forward-looking statements. Words such as “will,” future,” “expects,” “believes,” and “intends,” or similar expressions, are intended to identify forward-looking statements. Forward-looking statements are subject to inherent uncertainties in predicting future results and conditions. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.

For investor and media inquiries, please contact:

Company Info:

Powell Max Limited

Investor Relations

ir@janfp.com 

(852) 2158 2888

FAQ

Who is the new Chief Financial Officer of Powell Max (PMAX)?

Ms. Kam Lai Kwok has been appointed as the new Chief Financial Officer of Powell Max (PMAX).

Why did the previous CFO of Powell Max (PMAX) resign?

Mr. Chun Ho Lam, the previous CFO of Powell Max (PMAX), resigned due to personal reasons.

What is Ms. Kam Lai Kwok's background and experience?

Ms. Kwok has over 30 years of experience in public accounting and financial management, with over 20 years in the financial communications and financial printing industry. She has been an associate of the Hong Kong Institute of Certified Public Accountants since 1997 and previously served as an executive director and financial controller in a similar company.

When did Powell Max (PMAX) announce the change in CFO position?

Powell Max (PMAX) announced the change in CFO position on October 21, 2024.