---
title: "Dragon Bay Limited — Ownership Dossier"
canonical: https://whiteintel.dev/entity/125a08af-da37-5b74-987f-db073d1d7adb
json: https://whiteintel.dev/api/public/dossier/125a08af-da37-5b74-987f-db073d1d7adb
identifier: icij:icijol-82014758
jurisdiction: KY
risk: Medium
source: WhiteIntel corporate-ownership graph
---

# Dragon Bay Limited

**Type:** Company  
**Jurisdiction:** [KY](https://whiteintel.dev/jurisdictions/ky)  
**Identifier:** `icij:icijol-82014758`  
**Risk level:** Medium  
**Canonical dossier:** https://whiteintel.dev/entity/125a08af-da37-5b74-987f-db073d1d7adb  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/125a08af-da37-5b74-987f-db073d1d7adb  

## Ownership & control

### Owners / controllers

- **North Sound Capital Ltd.** (shareholder of) — https://whiteintel.dev/entity/fbe76afd-1e09-56e9-9ba3-f27fd750dbb3
- **North Sound Hotel & Golf Corp. Ltd.** (shareholder of) — https://whiteintel.dev/entity/e3f61ba5-cc71-545b-9d37-9701d5af3a21
- **DB Finance Ltd.** (shareholder of) — https://whiteintel.dev/entity/be79ee4f-3178-5a4e-a735-d0f547492d19
- **Maples Corporate Services Limited** (shareholder of) — https://whiteintel.dev/entity/22b75c40-ede7-5583-82ab-7e23116721eb
- **Ryan - Michael** (shareholder of) — https://whiteintel.dev/entity/4ee85108-fd96-5d96-b3fb-df3ccd64a444

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

A **5-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)

**2** 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/82014758

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **Dragon Bay Limited**. Human view: https://whiteintel.dev/entity/125a08af-da37-5b74-987f-db073d1d7adb · Structured JSON: https://whiteintel.dev/api/public/dossier/125a08af-da37-5b74-987f-db073d1d7adb._

_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"._