Beneficial Ownership Report · SCHEDULE 13D
Mega Fortune Company Limited
MGRTNASDAQEQUITYCurrent
Beneficial Ownership Report
Structured filing — SCHEDULE 13D
primary_doc.xml
Subject company
- Company
- Mega Fortune Co Ltd
- Company CIK
- 0002033377
- Street
- Unit 327 3/F 16W 16
- Street (continued)
- Science Park West Avenue, Shatin
- City
- New Territories
- State / country code
- K3
- Postal code
- 00000
Statement details
- Security class
- Ordinary shares, par value $0.000001 per share
- Event date
- 01/21/2026
- Previously filed indication
- false
Authorized notification person 1
- Name
- Power Partner Capital Limited
- Phone
- 852-54999516
- Street
- c/o LAI Long Wai, Room 18, 27/F, Ho King
- Street (continued)
- Commercial Centre, 2-16 Fayuen Street
- City
- Mongkok, Kowloon
- State / country code
- K3
- Postal code
- 00000
Authorized notification person 2
- Name
- Mericorn Company Limited
- Phone
- 852-54999516
- Street
- c/o LAI Long Wai, Room 18, 27/F, Ho King
- Street (continued)
- Commercial Centre, 2-16 Fayuen Street
- City
- Mongkok, Kowloon
- State / country code
- K3
- Postal code
- 00000
Authorized notification person 3
- Name
- WANG Zixi
- Phone
- 852-68887133
- Street
- 12F, St. John's Building
- City
- 33 Garden Road
- State / country code
- K3
- Postal code
- 00000
Reporting person 1
- Name
- Power Partner Capital Limited
- Reporting person CIK
- 0002106398
- No reporting person CIK indication
- N
- Citizenship / organization
- K3
- Reporting person type
- CO
- Source of funds code
- WC
- Legal proceedings indication
- N
- Aggregate amount owned
- 10,000,000.00
- Percent of class
- 72.73
- Sole voting power
- 10,000,000.00
- Shared voting power
- 0.00
- Sole dispositive power
- 10,000,000.00
- Shared dispositive power
- 0.00
- Aggregate excludes certain shares
- N
- Comments
- Note to Row 7, 9, 11: Represents 10,000,000 ordinary shares of Mega Fortune Company Limited (the "Issuer") directly held by Mericorn Company Limited, which is 100% owned by Power Partner Capital Limited; WANG Zixi is the sole shareholder of Power Partner Capital Limited. Note to Row 13: The percentage calculation is based on 13,750,000 ordinary shares of the Issuer outstanding as of July 15, 2025.
Reporting person 2
- Name
- Mericorn Company Limited
- No reporting person CIK indication
- Y
- Citizenship / organization
- D8
- Reporting person type
- CO
- Source of funds code
- WC
- Legal proceedings indication
- N
- Aggregate amount owned
- 10,000,000.00
- Percent of class
- 72.73
- Sole voting power
- 10,000,000.00
- Shared voting power
- 0.00
- Sole dispositive power
- 10,000,000.00
- Shared dispositive power
- 0.00
- Aggregate excludes certain shares
- N
- Comments
- Note to Row 7, 9, 11: Represents 10,000,000 ordinary shares of the Issuer directly held by Mericorn Company Limited, which is 100% owned by Power Partner Capital Limited; WANG Zixi is the sole shareholder of Power Partner Capital Limited. Note to Row 13: The percentage calculation is based on 13,750,000 ordinary shares of the Issuer outstanding as of July 15, 2025.
Reporting person 3
- Name
- WANG Zixi
- No reporting person CIK indication
- Y
- Citizenship / organization
- K3
- Reporting person type
- IN
- Source of funds code
- WC
- Legal proceedings indication
- N
- Aggregate amount owned
- 10,000,000.00
- Percent of class
- 72.73
- Sole voting power
- 10,000,000.00
- Shared voting power
- 0.00
- Sole dispositive power
- 10,000,000.00
- Shared dispositive power
- 0.00
- Aggregate excludes certain shares
- N
- Comments
- Note to Row 7, 9, 11: Represents 10,000,000 ordinary shares of the Issuer directly held by Mericorn Company Limited, which is 100% owned by Power Partner Capital Limited; WANG Zixi is the sole shareholder of Power Partner Capital Limited. Note to Row 13: The percentage calculation is based on 13,750,000 ordinary shares of the Issuer outstanding as of July 15, 2025.
Item 1
Issuer
Mega Fortune Co Ltd
Security title
Ordinary shares, par value $0.000001 per share
Principal address
Item 2
Citizenship
PPCL is a limited company incorporated under the laws of Hong Kong. Mericorn is a limited company incorporated under the laws of the British Virgin Islands. WANG Zixi is a citizen of Hong Kong.
Principal occupation
The principal business of PPCL is investment holding. The principal business of Mericorn is investment holding. WANG Zixi serves as the Chief Investment Officer of PPCL.
Filing person
This statement on Schedule 13D is being jointly filed by Power Partner Capital Limited ("PPCL"), Mericorn Company Limited ("Mericorn") and WANG Zixi (together with PPCL and Mericorn, the "Reporting Persons").
Criminal proceedings response
During the last five years, none of the Reporting Persons has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
Proceedings description
During the last five years, none of the Reporting Persons has been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, is or was subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such law.
Principal business address
The business address of PPCL is Room 18, 27/F, Ho King Commercial Centre, 2-16 Fayuen Street, Mongkok, Kowloon, Hong Kong. The business address of Mericorn is Unit 8, 3/F., Qwomar Trading Complex, Blackburne Road, Port Purcell, Road Town, Tortola, British Virgin Islands. The business address of WANG Zixi is 12F, St. John's Building, 33 Garden Road, Hong Kong.
Item 3
Source of funds
The information set forth in Item 4 and Item 5 is hereby incorporated by reference into this Item 3. The Reporting Persons financed the Transaction (as defined below) with working capital on hand.
Item 4
Purpose of transaction
The information set forth in Item 5 is hereby incorporated by reference into this Item 4. On September 30, 2025, PPCL and Ip Tsz Ying, Tin Sze Wai, Tam Tak Seng and Wong Ka Ki (collectively, the "Mericorn Shareholders") entered into a deposit agreement (the "Deposit Agreement"). Pursuant to the Deposit Agreement, PPCL paid an aggregate deposit of US$1,605,000 to the Mericorn Shareholders, and each of the Mericorn Shareholders agreed to initiate good-faith negotiations for the sale of its entire equity interest in Mericorn following expiry of certain lock-up restrictions applicable to such equity securities. On December 8, 2025, PPCL and Choo Wai Hang entered into a share purchase agreement (the "Choo Agreement"). Pursuant to the Choo Agreement, Choo Wai Hang sold its entire equity interests in Mericorn to PPCL for an aggregate consideration of US$535, representing 0.01% of Mericorn's equity immediately prior to the transactions contemplated under the Choo Agreement (the "Choo Transaction"). The Choo Transaction was closed on December 8, 2025. On January 21, 2026, PPCL, Mericorn, and the Mericorn Shareholders entered into a share purchase agreement (the "Agreement"). Pursuant to the Agreement, each of the Mericorn Shareholders sold its entire equity interests in Mericorn to PPCL for an aggregate consideration of US$5,349,465, representing 99.99% of Mericorn's equity immediately prior to the transactions contemplated under the Agreement (the "Transaction"). The Transaction was closed on January 26, 2026. Effective January 20, 2026, Mr. PoTin Wong ("Mr. Wong") resigned as an independent director of the Issuer. Effective January 21, 2026, Mr. Wan Kwun Lun ("Mr. Wan") resigned as an independent director, Mr. Chi Chuen Lai ("Mr. Lai") resigned as a director and the Chief Financial Officer, and Ms. Sin Yi Cheng resigned as a director and the Chief Operating Officer of the Issuer. Also effective January 21, 2026, the remaining members of the board of directors of the Issuer elected Mr. Charles Lin as an independent director to fill the vacancy resulting from Mr. Wong's resignation, Ms. Chunyan Wang as an independent director to fill the vacancy resulting from Mr. Wan's resignation, and Mr. Long Wai Lai as a director to fill the vacancy resulting from Mr. Lai's resignation. The composition of the board of directors and its members may be further changed from time to time in accordance with the Issuer's then-effective memorandum and articles of association. The Reporting Persons acquired beneficial ownership of the ordinary shares as described in this Schedule 13D (the "Ordinary Shares") as a result of the aforementioned transactions. The Reporting Persons acquired beneficial ownership of the Ordinary Shares for investment purposes. The Reporting Persons intend to review their investment in the Issuer on a continuing basis. Each Reporting Person may in the future take such actions with respect to its investment in the Issuer as it deems appropriate, including changing its current intentions, with respect to any or all matters required to be disclosed in this Schedule 13D, depending on various factors, including but not limited to the Issuer's business, prospects, financial position and strategic direction, price levels of the Ordinary Shares, conditions in the securities markets, and general economic and industry conditions. Consistent with the Reporting Persons' investment purposes, the Reporting Persons may engage in communications with, without limitation, one or more shareholders of the Issuer, management of the Issuer or one or more members of the board of directors of the Issuer, and may make suggestions concerning the Issuer's operations, prospects, business and financial strategies, strategic direction and transactions, assets and liabilities, business and financing alternatives and such other matters as the Reporting Persons may deem relevant to their investment in the Ordinary Shares. The Reporting Persons expect that they will, from time to time, review their investment position in the Issuer and may make additional purchases of Ordinary Shares (or other securities convertible or exercisable into Ordinary Shares) in the open market or in privately negotiated transactions, or hold or dispose of all or part of their investments in the Ordinary Shares, depending upon the Reporting Persons' evaluation of the Issuer's business, prospects, financial condition and strategic direction, the market for the Ordinary Shares, other opportunities available to the Reporting Persons, general economic conditions, stock market conditions and other factors. Other than the foregoing, the Reporting Persons have no present plans or proposals that relate to or that would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D of the Act.
Item 5
Number of shares
Each of the Reporting Persons has sole voting and dispositive power over the ordinary shares of the Issuer reported in this Schedule 13D.
Transactions
The information set forth in Item 4 is hereby incorporated by reference into this Item 5. During the 60 days preceding the filing of this Schedule 13D, none of the Reporting Persons has effected any other transactions in the Ordinary Shares except as reported herein.
Other persons with an interest
To the best knowledge of the Reporting Persons, no one other than the Reporting Persons, or the holders of interests in the Reporting Persons, has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Ordinary Shares.
Date ownership ceased to exceed 5%
Not applicable
Percentage of class
The responses of each of the Reporting Persons to Rows (7) through (13), including the footnotes thereto, of the cover pages of this Schedule 13D are hereby incorporated by reference in this Item 5. Mericorn directly owns 10,000,000 ordinary shares of the Issuer, representing approximately 72.73% of the Issuer's total issued and outstanding ordinary shares and approximately 72.73% of the total voting power. Mericorn is 100% owned by PPCL, and WANG Zixi is the sole shareholder of PPCL. Consequently, WANG Zixi is deemed to beneficially own the Ordinary Shares held by Mericorn. The percentage of beneficial ownership of each Reporting Persons is based on 13,750,000 ordinary shares of the Issuer outstanding as of July 15, 2025. Percentage of aggregate voting power is calculated by dividing the voting power beneficially owned by each Reporting Person by the voting power of all of the ordinary shares of the Issuer as a single class.
Item 6
Contracts and arrangements
The information set forth in Item 3, Item 4 and Item 5 of this Schedule 13D is incorporated by reference. Except as described above or elsewhere in this Statement or incorporated by reference in this Statement, there are no contracts, arrangements, understandings or relationships (legal or otherwise) between the Reporting Persons and any person with respect to any securities of the Company, including, but not limited to, transfer or voting of any securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or losses, or the giving or withholding of proxies.
Item 7
Filed exhibits
Exhibit 1: Joint Filing Agreement dated January 26, 2026 by and among the Reporting Persons Exhibit 2: Deposit Agreement dated September 30, 2025 by and among PPCL and the Mericorn Shareholders Exhibit 3: Share Purchase Agreement dated December 8, 2025 by and between PPCL and Choo Wai Hang Exhibit 4: Share Purchase Agreement dated January 21, 2026 by and among PPCL, Mericorn, and the Mericorn Shareholders
Signature 1
- Reporting person
- Power Partner Capital Limited
- Signed
- /s/ LIN Xiaodong
- Title
- LIN Xiaodong/Director
- Date
- 01/26/2026
Signature 2
- Reporting person
- Mericorn Company Limited
- Signed
- /s/ LAI Long Wai
- Title
- LAI Long Wai/Director
- Date
- 01/26/2026
Signature 3
- Reporting person
- WANG Zixi
- Signed
- /s/ WANG Zixi
- Title
- WANG Zixi
- Date
- 01/26/2026
Filed exhibits
- JOINT FILING AGREEMENT DATED JANUARY 26, 2026 BY AND AMONG THE REPORTING PERSONS ↗ea027371201ex-1_mega.htm
- DEPOSIT AGREEMENT DATED SEPTEMBER 30, 2025 BY AND AMONG PPCL AND THE MERICORN SHAREHOLDERS ↗ea027371201ex-2_mega.htm
- SHARE PURCHASE AGREEMENT DATED DECEMBER 8, 2025 BY AND BETWEEN PPCL AND CHOO WAI HANG ↗ea027371201ex-3_mega.htm
- SHARE PURCHASE AGREEMENT DATED JANUARY 21, 2026 BY AND AMONG PPCL, MERICORN, AND THE MERICORN SHAREHOLDERS ↗ea027371201ex-4_mega.htm
Company context
We are a holding company incorporated as an exempted company with limited liability in the Cayman Islands. Our ordinary shares offered in this prospectus are shares of our Cayman Islands holding company. As a holding company with no material operations of our own, we conduct our business through our operating subsidiary in Hong Kong. We own 100% equity interest of all our subsidiaries and do not have a variable interest entity, or VIE, structure.