Powell Max Limited (PMAX) appoints Cheung and Suen as new board directors

Rhea-AI Filing Summary

Powell Max Limited reports changes to its board of directors. Mr. Hui Chun Kin Norman and Mr. Luk Kam Fan, Jimmy resigned from the board effective December 16, 2025, citing personal reasons and specifically not due to any disagreement with the company’s operations, policies, or practices.

To fill the vacancies, the board appointed Ms. Cheung Tan and Ms. Suen, Tin Yan as directors, also effective December 16, 2025, to serve until the next annual general meeting of shareholders. Ms. Cheung leads risk and ESG advisory work, holds accounting degrees from St. Francis College in New York, and is a Hong Kong certified public accountant and EFFAS-certified ESG analyst. Ms. Suen has more than 10 years of experience in corporate finance, mergers and acquisitions, fundraising, and asset management, and currently provides independent strategic advice to a company.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of December 2025

Commission File Number: 001-42260

Powell Max Limited

(Exact name of registrant as specified in its charter)

22/F., Euro Trade Centre,

13-14 Connaught Road Central,

Hong Kong

(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒      Form 40-F ☐

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐ No ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________.

Powell Max Limited (the “Company”) announces that Mr. Hui Chun Kin Norman and Mr. Luk Kam Fan, Jimmy have resigned from the Company’s board of directors (the “Board”), effective as of December 16, 2025 (the “Resignations”). The Resignations were tendered for personal reasons and not as a result of any disagreement with the Company on any matter relating to its operations, policies, or practices.

In connection with the Resignations, the Board has appointed Ms. Cheung Tan and Ms. Suen, Tin Yan to serve as directors of the Company, effective as of December 16, 2025. Ms. Cheung Tan and Ms. Suen, Tin Yan will serve until the next annual general meeting of shareholders and to fill the vacancies created by the Resignations, in accordance with the Company’s articles of association and applicable law.

Ms. Cheung Tan (“Ms. Cheung”) leads a team of risk and ESG advisory professionals to provide comprehensive services for a diverse portfolio of listed and IPO clients, as well as non-governmental organizations. She is also responsible for directing the implementation of internal control enhancement projects including the development of policies, procedures and monitoring mechanism; and in guiding clients in establishing ESG frameworks, policies and reporting mechanisms to align with evolving regulations and best practices. Prior to joining Roma Risk Advisory Limited, Ms. Cheung was with PricewaterhouseCoopers Limited from August 2016 to January 2020 and her last position was senior consultant. She was responsible for performing tax analysis for private equity funds and hedge funds and the corresponding tax treatments for US tax purposes; and complying with company risk management procedures upon new client acceptances and perform anti-money laundering procedures for non-assurance clients.

Ms. Cheung received both her bachelor’s degree and master’s degree in accounting from St. Francis College, New York in December 2014. Ms. Cheung is a certified public accountant of the Hong Kong Institute of Certified Public Accounts and a European Federation of Financial Analysts Societies (EFFAS) certified ESG analyst.

Ms. Suen, Tin Yan (“Ms. Suen”) possesses more than 10 years of experience in corporate finance, mergers and acquisitions and fund raising activities in various ventures and projects. She has led multiple asset management businesses since 2022. Currently, she provides independent advises to a company on issues of strategy, policy, performance, accountability, resources, key appointments and standard of conduct.

Ms. Suen obtained her bachelor of science degree in chemistry from The Hong Kong University of Science and Technology in 2005 and a bachelor of laws from The Manchester Metropolitan University (through distance learning) in 2012.

The information is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 and shall not be deemed incorporated by reference into any filing made under the Securities Act of 1933, except as expressly set forth by specific reference in such filing.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	Powell Max Limited
	By:	/s/ WONG Tsz Kin
		WONG Tsz Kin
		Chief Executive Officer

Date: December 16, 2025

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FAQ

What board changes did Powell Max Limited (PMAX) disclose in this report?

Powell Max Limited disclosed that Mr. Hui Chun Kin Norman and Mr. Luk Kam Fan, Jimmy resigned as directors effective December 16, 2025, and that Ms. Cheung Tan and Ms. Suen, Tin Yan were appointed as new directors on the same date.

Why did the directors resign from Powell Max Limited (PMAX)?

The company stated that the resignations of Mr. Hui Chun Kin Norman and Mr. Luk Kam Fan, Jimmy were tendered for personal reasons and not due to any disagreement with Powell Max Limited regarding its operations, policies, or practices.

How long will the new Powell Max Limited (PMAX) directors serve?

Ms. Cheung Tan and Ms. Suen, Tin Yan will serve as directors of Powell Max Limited until the next annual general meeting of shareholders, filling the vacancies created by the resignations in line with the company’s articles of association and applicable law.

What is the professional background of new director Ms. Cheung Tan at Powell Max Limited (PMAX)?

Ms. Cheung Tan leads a team of risk and ESG advisory professionals, oversees internal control enhancement projects, and helps clients build ESG frameworks and reporting. She previously worked at PricewaterhouseCoopers Limited in tax analysis and risk management, holds bachelor’s and master’s degrees in accounting from St. Francis College, New York, and is a Hong Kong certified public accountant and EFFAS-certified ESG analyst.

What experience does new director Ms. Suen, Tin Yan bring to Powell Max Limited (PMAX)?

Ms. Suen, Tin Yan has more than 10 years of experience in corporate finance, mergers and acquisitions, and fundraising across various ventures and projects. She has led multiple asset management businesses since 2022 and currently provides independent advice on strategy, policy, performance, accountability, resources, key appointments, and standards of conduct. She holds degrees from The Hong Kong University of Science and Technology and The Manchester Metropolitan University.

Does this Powell Max Limited (PMAX) report affect how the information is treated under U.S. securities laws?

The company stated that the information in this report is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, and will not be incorporated by reference into Securities Act filings unless specifically referenced.