{"entity":{"id":"d3a0e9e6-28fd-5323-85f3-4b19783879c7","name":"MAX EXCEL INVESTMENTS LIMITED ????????","type":"Organization","kind":"company","jurisdiction":"HK","identifier":"icij:icijol-112727","risk":"MED","flags":[]},"identity":{"linked_records":[],"also_known_in":[]},"ownership":{"direct_owners":[],"holdings":[{"role":"shareholder of","share":null,"asset":{"id":"25c6833a-e64c-5522-ad12-fa2664af02c8","name":"ROYAL PACIFIC LIMITED","type":"Company","kind":"company"}}],"ubo_chain":[]},"risk":{"level":"MED","flags":[],"note":"Risk is a layer-1 signal (offshore-layering / connectivity heuristics) — an investigative lead, not a determination."},"sources":[{"registry":"icij_offshoreleaks","source_url":"https://offshoreleaks.icij.org/nodes/112727"}],"source":"corpus"}