---
title: "HSBO LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/65896df2-acba-5e5e-a5a2-04910a7e1acd
json: https://whiteintel.dev/api/public/dossier/65896df2-acba-5e5e-a5a2-04910a7e1acd
identifier: icij:icijol-55071086
jurisdiction: MT
risk: High
source: WhiteIntel corporate-ownership graph
---

# HSBO LIMITED

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55071086`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/65896df2-acba-5e5e-a5a2-04910a7e1acd  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/65896df2-acba-5e5e-a5a2-04910a7e1acd  

## Ownership & control

### Owners / controllers

- **TARGOT HOLDING B.V.** (shareholder of) — https://whiteintel.dev/entity/dd941c3d-a8a3-5ecd-9bdf-08a3e40f392b
- **GEMEA S.A.** (shareholder of) — https://whiteintel.dev/entity/6205f71c-eabc-5d04-9add-450e649b127f
- **URCA S.A.** (shareholder of) — https://whiteintel.dev/entity/b0564292-3599-59dc-a0e9-5bf574ed5718

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

A **10-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)

**5** 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/55071086

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **HSBO LIMITED**. Human view: https://whiteintel.dev/entity/65896df2-acba-5e5e-a5a2-04910a7e1acd · Structured JSON: https://whiteintel.dev/api/public/dossier/65896df2-acba-5e5e-a5a2-04910a7e1acd._

_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"._