As of November 6, 2026, one holder's latest Schedule 13D or 13G filing report owning 5% or more of Powell Max Limited. The largest reported stake is Ecf (Bvi) Limited's, at 54.71%. One filing is on record since January 6, 2026 (Schedule 13D, January 6, 2026).
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Key facts
- · Reporting person: Ecf (Bvi) Limited · Sole voting: 1,449,732 · Shared voting: 0 · Sole dispositive: 1,449,732 · Shared dispositive: 0 · SCHEDULE 13D, 2026-01-06
- · Holder: Ecf (Bvi) Limited · Percent: 54.71% · SCHEDULE 13D
- · Holder: Ecf (Bvi) Limited · Percent: 54.71% · Shares: 1,449,732 · SCHEDULE 13D
Powell Max Limited has 1 Schedule 13D or 13G filing on record since 2026-01-06. 1 holder's latest filing reports 5% or more of class a ordinary shares, par value us$0.0008 per share. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Ecf (Bvi) Limited | 54.71% | 1,449,732 | SCHEDULE 13D, 2026-01-06 | 2025-10-30 |
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Ecf (Bvi) Limited | 1,449,732 | 0 | 1,449,732 | 0 | SCHEDULE 13D, 2026-01-06 |
The latest filing identifies Powell Max Limited by CUSIP G7200G118 and gives its principal executive office as 22/F., Euro Trade Centre, 13-14 Connaught Road, Central (SCHEDULE 13D, 2026-01-06).
Source of funds (Item 3)
Bliss On was wholly owned by Ms. Po Man Stella Leung, the Company's then-controlling shareholder. On October 30, 2025, Ms. Leung sold all of the issued share capital of Bliss On to ECF (BVI) Limited ("ECF"). Consequently, ECF acquired indirect beneficial ownership of the Company's ordinary shares held by Bliss On. Through this acquisition, ECF indirectly holds 1,449,732 Class A Ordinary Shares (par value US$0.0008 each). This total includes 250,000 Class A Ordinary Shares that resulted from the automatic 1:1 conversion of Class B Ordinary Shares following the change in ownership of Bliss On.Ecf (Bvi) Limited, SCHEDULE 13D, 2026-01-06
Purpose of Transaction (Item 4)
Ecf (Bvi) Limited
To effect a change in the ultimate beneficial ownership of the Company's shares held indirectly through Bliss On Limited, following the sale of the entire issued share capital of Bliss On Limited by Ms. Po Man Stella Leung to ECF (BVI) Limited.Item 4 of the SCHEDULE 13D filed 2026-01-06
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2026-01-06 | Ecf (Bvi) Limited | 54.71% | SCHEDULE 13D |
Also on the record for Powell Max Limited
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| December 12, 2024 | IPO filing, Form F-1/A | — | IPO filings | Source |
| December 2, 2024 | IPO filing, Form F-1 | — | IPO filings | Source |
| September 6, 2024 | IPO filing, Form 424B4 | $4 a share | IPO filings | Source |
| August 30, 2024 | IPO filing, Form F-1/A | — | IPO filings | Source |
| July 30, 2024 | IPO filing, Form F-1/A | $4 to $6 a share | IPO filings | Source |
| July 19, 2024 | IPO filing, Form F-1/A | $4 to $6 a share | IPO filings | Source |
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.