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 August 2025
Commission File Number: 001-42293
PTL LIMITED
21 Bukit Batok Crescent
#24-71, WCGEGA Tower
Singapore 658065
(Address of principal executive offices)
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 ☐
On August 1, 2025, Mr. Tak Wing Ho tendered his resignation as a director
and the Chief Financial Officer of PTL Limited (the “Company”), effective August 1, 2025. Tak Wing Ho’s resignation
was not a result of any disagreement with the Company’s operations, policies or procedures.
On August 1, 2025, approved by the Board of Directors, the Nominating
Committee and the Compensation Committee of the Company, Ms. Yuen Tung Leung (Ms. Leung)was appointed as a director and the Chief Financial
Officer, effective August 1, 2025.
The biographical information of Ms. Leung is set forth below:
Ms. Leung, aged 31, is an experienced professional in accounting and
finance. She has served as the Financial Officer of Able Glory International Investment Limited since January 2020, overseeing the company’s
financial operations and reporting. Previously, she was the administration and accounting officer at the same firm from June 2018, managing
daily financial and administrative tasks. Her earlier roles include accounting clerk at Billion Grand Engineering Limited from 2017 to
2018, and Sales and Marketing Manager at LOVE360 Limited from 2014 to 2015, where she handled customer management, events, and promotions.
Ms. Leung holds a Bachelor of Business Administration in Accountancy earned in 2016, a Master of Science in Marketing and Consumer Psychology
from Hong Kong Shue Yan University completed in 2022, and an associate degree in Business Administration from Hang Seng Management College
(now Hang Seng University of Hong Kong) obtained in 2014. Ms. Leung does not have a family relationship with any director or executive
officer of the Company. She has not been involved in any transaction with the Company during the past two years that would require disclosure
under Item 404(a) of Regulation S-K.
Pursuant to the employment agreement by and between
the Company and Ms. Leung, dated August 1, 2025, (the “Employment Agreement with Yuen Tung Leung”), the term shall continue
for one year. Upon expiration of the initial-year term, the employment will be automatically extended for one-year term unless either
party gives the other party hereto a three-month prior written notice to terminate the employment prior to the expiration of such one-year
term or unless terminated earlier pursuant to the terms of the agreement. Ms. Leung is entitled to compensation of US$240,000 for each
calendar year, payable on a quarterly basis. The employment letter is qualified in its entirety by reference to the complete text of
the letter, which is filed hereto as Exhibit 10.1.
EXHIBIT INDEX
| Exhibit No. |
|
Description |
| 10.1 |
|
Employment
Agreement with Yuen Tung Leung, dated August 1, 2025 |
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, thereunto duly authorized.
| |
PTL Limited |
| |
|
|
| Date: August 6, 2025 |
By: |
/s/ Ying Ying Chow |
| |
Name: |
Ying Ying Chow |
| |
Title: |
Chief Executive Officer |
3
