---
title: "LN TRADING TWO LTD — Ownership Dossier"
canonical: https://whiteintel.dev/entity/5e5941f4-e71f-5aa3-95ec-5b6ce1f04e0f
json: https://whiteintel.dev/api/public/dossier/5e5941f4-e71f-5aa3-95ec-5b6ce1f04e0f
identifier: icij:icijol-55058756
jurisdiction: MT
risk: High
source: WhiteIntel corporate-ownership graph
---

# LN TRADING TWO LTD

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55058756`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/5e5941f4-e71f-5aa3-95ec-5b6ce1f04e0f  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/5e5941f4-e71f-5aa3-95ec-5b6ce1f04e0f  

## Ownership & control

### Owners / controllers

- **NICOLA AZZOPARDI** (shareholder of) — https://whiteintel.dev/entity/74a925a4-88d2-54d7-a864-f531b399a9ac
- **LISA FRENDO** (shareholder of) — https://whiteintel.dev/entity/6e5c0b29-b741-505a-84d1-54b569cb6da7
- **NICHOLAS FRENDO** (shareholder of) — https://whiteintel.dev/entity/2ca2e365-78bd-5d78-9a6b-1f8367ff8b22

### 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)

**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/55058756

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **LN TRADING TWO LTD**. Human view: https://whiteintel.dev/entity/5e5941f4-e71f-5aa3-95ec-5b6ce1f04e0f · Structured JSON: https://whiteintel.dev/api/public/dossier/5e5941f4-e71f-5aa3-95ec-5b6ce1f04e0f._

_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"._