---
title: "PHAX HOLDINGS LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/a512f37b-dc25-502e-8758-b3992be48d3d
json: https://whiteintel.dev/api/public/dossier/a512f37b-dc25-502e-8758-b3992be48d3d
identifier: icij:icijol-55036451
jurisdiction: MT
risk: High
source: WhiteIntel corporate-ownership graph
---

# PHAX HOLDINGS LIMITED

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55036451`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/a512f37b-dc25-502e-8758-b3992be48d3d  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/a512f37b-dc25-502e-8758-b3992be48d3d  

## Ownership & control

### Owners / controllers

- **LOUIS CASSAR PULLICINO** (shareholder of) — https://whiteintel.dev/entity/25e17727-729c-533e-874c-75814c2eac20
- **MAX GANADO** (shareholder of) — https://whiteintel.dev/entity/f21ae94d-68f1-5422-bd75-b0c363ff80bd
- **PHILIP BIANCHI** (shareholder of) — https://whiteintel.dev/entity/ccf91c8b-c00f-5e23-b2e2-05b572409842
- **ADRIAN MICHAEL GABARRETTA** (shareholder of) — https://whiteintel.dev/entity/017401fd-9112-5099-8a51-ba10a269c2fd
- **GANADO TRUSTEES & FIDUCIARIES LIMITED** (shareholder of) — https://whiteintel.dev/entity/44d0d4de-2c6d-5c0a-8ee6-b2b50d9247e2

### UBO chain (walk to the ultimate owner)

A **32-step** ownership/control chain to the ultimate beneficial owner is resolved for this entity. The full cited chain unlocks with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Exposure (derived from the ownership graph)

**12** owners upstream in this entity's ownership/control chain are flagged — a sanctions hit or a secrecy jurisdiction — an investigative lead by resolved identity, not a legal determination. The contributing parties and the hop-by-hop path unlock with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Provenance

- ICIJ Offshore Leaks — https://offshoreleaks.icij.org/nodes/55036451

## Get the full, resolved dossier (agent-callable)

The above is the free teaser. The resolved **multi-hop UBO chain**, ownership **%**, full **financial history**, itemised **assets** and the hop-by-hop **exposure path** are the paid depth — callable as tools from your agent:

```bash
npx -y @whiteintel/mcp-server   # then: get_dossier · trace_ownership_path · check_offshore_exposure
```

Or unlock a one-off cited dossier for **PHAX HOLDINGS LIMITED** — https://whiteintel.dev/entity/a512f37b-dc25-502e-8758-b3992be48d3d · pricing https://whiteintel.dev/pricing.

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **PHAX HOLDINGS LIMITED**. Human view: https://whiteintel.dev/entity/a512f37b-dc25-502e-8758-b3992be48d3d · Structured JSON: https://whiteintel.dev/api/public/dossier/a512f37b-dc25-502e-8758-b3992be48d3d._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._