---
title: "HOI WING DEVELOPMENT LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/39667275-96d9-5689-9cbd-021b2bcb6c86
json: https://whiteintel.dev/api/public/dossier/39667275-96d9-5689-9cbd-021b2bcb6c86
identifier: icij:icijol-125154
jurisdiction: VG
risk: High
source: WhiteIntel corporate-ownership graph
---

# HOI WING DEVELOPMENT LIMITED

**Type:** Company  
**Jurisdiction:** [VG](https://whiteintel.dev/jurisdictions/vg)  
**Identifier:** `icij:icijol-125154`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/39667275-96d9-5689-9cbd-021b2bcb6c86  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/39667275-96d9-5689-9cbd-021b2bcb6c86  

## Ownership & control

### Owners / controllers

- **Lotsgain Limited** (shareholder of) — https://whiteintel.dev/entity/d7d9793b-6f55-5dcf-91de-4df4db925579
- **NWS Infrastructure Roads Limited** (shareholder of) — https://whiteintel.dev/entity/8265324a-366e-58e3-b61e-4dba60326d6b

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

A **8-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)

**8** 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/125154

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **HOI WING DEVELOPMENT LIMITED**. Human view: https://whiteintel.dev/entity/39667275-96d9-5689-9cbd-021b2bcb6c86 · Structured JSON: https://whiteintel.dev/api/public/dossier/39667275-96d9-5689-9cbd-021b2bcb6c86._

_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"._