---
title: "MADA EXPLORER LTD — Ownership Dossier"
canonical: https://whiteintel.dev/entity/4c3fa9ce-c520-54f7-a9a8-d0a6dfd06b60
json: https://whiteintel.dev/api/public/dossier/4c3fa9ce-c520-54f7-a9a8-d0a6dfd06b60
identifier: icij:icijol-55019836
jurisdiction: MT
risk: Medium
source: WhiteIntel corporate-ownership graph
---

# MADA EXPLORER LTD

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55019836`  
**Risk level:** Medium  
**Canonical dossier:** https://whiteintel.dev/entity/4c3fa9ce-c520-54f7-a9a8-d0a6dfd06b60  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/4c3fa9ce-c520-54f7-a9a8-d0a6dfd06b60  

## Ownership & control

### Owners / controllers

- **MADA INVEST S.A.** (shareholder of) — https://whiteintel.dev/entity/695a184b-8c00-5c3f-91e6-34aa399f330d
- **L S O SERVICES LIMITED** (shareholder of) — https://whiteintel.dev/entity/ea903c20-2972-530f-8e97-c4900c63395c

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

A **3-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/55019836

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **MADA EXPLORER LTD**. Human view: https://whiteintel.dev/entity/4c3fa9ce-c520-54f7-a9a8-d0a6dfd06b60 · Structured JSON: https://whiteintel.dev/api/public/dossier/4c3fa9ce-c520-54f7-a9a8-d0a6dfd06b60._

_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"._