---
title: "NOELCO LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/333d55fa-dfee-5096-8220-2bad54e45c04
json: https://whiteintel.dev/api/public/dossier/333d55fa-dfee-5096-8220-2bad54e45c04
identifier: icij:icijol-56078687
jurisdiction: MT
risk: Medium
source: WhiteIntel corporate-ownership graph
---

# NOELCO LIMITED

**Type:** Organization  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-56078687`  
**Risk level:** Medium  
**Canonical dossier:** https://whiteintel.dev/entity/333d55fa-dfee-5096-8220-2bad54e45c04  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/333d55fa-dfee-5096-8220-2bad54e45c04  

## Cross-source identity

The same real-world entity, resolved across sources:

- **NOELCO LIMITED** — ICIJ Offshore Leaks · `icij:icijol-55005705` — https://whiteintel.dev/entity/c4d52016-b213-5b24-8fa3-c1cabc9eed5d
- **Noelco Limited** — GLEIF · `lei:254900ESH0HO8G6TD402` — https://whiteintel.dev/entity/47bbcdcf-f916-573c-85ee-42848345468a

## Ownership & control

### Holdings / subsidiaries

- **SNV LIMITED** (shareholder of) — https://whiteintel.dev/entity/8a7b3fc3-d6a7-557b-ba17-42282e58c994
- **VNJ DEVELOPMENTS LIMITED** (shareholder of) — https://whiteintel.dev/entity/c91231b0-bcd9-54a8-a5be-af60f59024e8

### 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)

**3** 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/56078687

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **NOELCO LIMITED**. Human view: https://whiteintel.dev/entity/333d55fa-dfee-5096-8220-2bad54e45c04 · Structured JSON: https://whiteintel.dev/api/public/dossier/333d55fa-dfee-5096-8220-2bad54e45c04._

_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"._