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 January 2025
Commission File Number: 001-42269
Galaxy Payroll Group Limited
25th Floor, Ovest
77 Wing Lok Street
Sheung Wan, Hong Kong
+852 3105 2611
(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 ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Entry into Memorandum of Understanding
On January 2, 2025, Galaxy Payroll Group Limited (the “Company”) entered
into a memorandum of understanding (the “MOU”) to promote and provide services beneficial to both parties in the areas
of brand exposure, company efficiency, market expansion and other related services (“Collaboration”). The MOU sets forth non-binding
terms and conditions for the Collaboration and for entry into the definitive agreement for the Collaboration, which are described in further
detail in the press release described below.
Issuance of Press Release
On January 3, 2025, the Company is issuing a press release announcing
its entry into the MOU and describing the principal proposed terms and conditions set forth in the MOU.
Forward-Looking Statements
Matters discussed in this report may constitute forward-looking statements.
Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying
assumptions and other statements, which are other than statements of historical facts. The words “believe,” “anticipate,”
“intends,” “estimate,” “potential,” “may,” “should,” “expect”
“pending” and similar expressions identify forward-looking statements. The forward-looking statements in this report are based
upon various assumptions. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently
subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot
assure you that we will achieve or accomplish these expectations.
Exhibits
The following exhibit is included in this Form 6-K:
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.
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Galaxy Payroll Group Limited |
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By: |
/s/ Wai Hong Lao |
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Name: |
Wai Hong Lao |
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Title: |
Chief Executive Officer |
Date: January 3, 2025
2
Exhibit 99.1
Galaxy Payroll Group Limited and People Intelligence
Singapore Pte. Ltd. Announce
Strategic Partnership
Hong Kong, January 3, 2025 – Galaxy
Payroll Group Limited (NASDAQ: GLXG, “GLXG”,“Galaxy Group”) and People Intelligence Singapore Pte. Ltd.
(“PIS”) are pleased to announce the formalization of a strategic partnership through the signing of a Memorandum of Understanding
(MOU) on January 2, 2025. This partnership establishes a collaborative framework aimed at fostering mutual growth by enhancing brand visibility,
improving operational efficiency, and expanding market presence.
The partnership between GLXG and PIS represents
a strategic alignment of expertise, centered on enhancing brand visibility, improving operational efficiency, and expanding market reach.
By harnessing its extensive customer base and industry network, GLXG is set to elevate PIS’s brand recognition and facilitate its entry
into new markets. Meanwhile, GLXG’s Human Resources Information System (HRIS), a core offering of the company, will play a pivotal
role in this collaboration by providing cutting-edge tools for integrated employee management. With features such as payroll automation,
performance tracking, and compliance monitoring, the HRIS ensures data accuracy, operational consistency, and improved efficiency across
both organizations. Together, GLXG and PIS are poised to explore new business opportunities, capture greater market share, and strengthen
their global standing.
A Strategic Alliance for Long-Term Growth
This collaboration represents a convergence of
the strengths of GLXG and PIS, creating a powerful platform for sustained mutual growth. It aims to deliver far-reaching benefits, from
operational enhancements to broader market presence and amplified brand equity. Galaxy Group’s role will include utilizing its expansive
network and established customer relationships to introduce and actively promote PIS’s innovative platforms, services, and products.
Designating PIS as a preferred service provider, GLXG will not only endorse PIS but also facilitate meaningful connections by organizing
high-impact events, such as webinars and conferences, that target potential clients and key stakeholders.
Simultaneously, PIS will provide GLXG with an
end-to-end suite of human resources management services through its Omni platform. These offerings encompass both Core Platform and Add-On
Services tailored to meet the specific needs of GLXG. Beyond implementation, PIS will leverage data insights derived from Omni to offer
strategic guidance, helping GLXG streamline its internal processes, enhance operational efficiency, and drive strategic growth. Together,
this alliance sets a blueprint for long-term success, empowering both organizations to capitalize on shared opportunities and redefine
industry benchmarks.
The MOU is set to take effect immediately upon
signing and will remain valid for an initial term of three years, subject to modification or extension based on the needs of both parties.
About Galaxy Payroll Group Limited
Galaxy Payroll Group Limited is a recognized leader
in providing tailored HR and corporate solutions to businesses seeking to expand their operations regionally and internationally. With
in-depth expertise in navigating the complexities of international regulations, Galaxy Group offers seamless solutions to support companies
in establishing new entities and managing their global business operations. Galaxy Group’s commitment to delivering efficient, cost-effective
solutions allows organizations to focus on their core business while addressing the challenges of compliance and market entry in new regions.
About People Intelligence Singapore Pte. Ltd.
People Intelligence Singapore Pte. Ltd. is a leading
provider of advanced human resources management solutions, offering a comprehensive suite of services through its Omni platform. Omni
is an all-in-one HR management system that streamlines the entire employee lifecycle, from recruitment and onboarding to payroll and performance
management. PIS is dedicated to empowering organizations across Asia and beyond with innovative tools to optimize HR processes, enhance
productivity, and foster high-performing teams.
For more information, please visit Galaxy Payroll
Group’s website: www.galaxyapac.com.
Forward-Looking Statements
Matters discussed in this press release may constitute
forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events
or performance, and underlying assumptions and other statements, which are other than statements of historical facts. The words “believe,”
“anticipate,” “intends,” “estimate,” “potential,” “may,” “should,”
“expect,” “pending” and similar expressions identify forward-looking statements. The forward-looking statements
in this press release are based upon various assumptions. Although we believe that these assumptions were reasonable when made, because
these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and
are beyond our control, we cannot assure you that we will achieve or accomplish these expectations.
For enquiry, please contact Intelligent Joy Limited:
Rosanne Ren
Phone: (852) 3594 6407
Email: pr-team@intelligentjoy.com
Galaxy Payroll (NASDAQ:GLXG)
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