POWELL MAX LIMITED

Ticker: PMAX CUSIP: G7200G100 Class: ORD SHS CL A

MORGAN STANLEY's Holding History (CIK: 0000895421)

Note: Option positions (PUT/CALL) are excluded.

Q3 2025

Shares 73,356 Value ($000) $20 Avg Close $2.81 Range $1.87 - $4.24

Q3 2024

Shares 51 Value ($000) $0 Avg Close $31.28 Range $28.00 - $37.60

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	73,356	$20	$2.81	$1.87 - $4.24
Q3 2024	51	$0	$31.28	$28.00 - $37.60