---
title: "ULTIMATE PROFIT EQUITIES LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/7325b884-adeb-57fe-87b7-d2c7c3e1d602
json: https://whiteintel.dev/api/public/dossier/7325b884-adeb-57fe-87b7-d2c7c3e1d602
identifier: icij:icijol-148583
jurisdiction: VG
risk: High
source: WhiteIntel corporate-ownership graph
---

# ULTIMATE PROFIT EQUITIES LIMITED

**Type:** Company  
**Jurisdiction:** [VG](https://whiteintel.dev/jurisdictions/vg)  
**Identifier:** `icij:icijol-148583`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/7325b884-adeb-57fe-87b7-d2c7c3e1d602  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/7325b884-adeb-57fe-87b7-d2c7c3e1d602  

## Ownership & control

### Owners / controllers

- **Chang, Shu-Ling** (shareholder of) — https://whiteintel.dev/entity/8d56e2b8-8210-5e9f-93c5-b93eb9fcd103
- **Chen, Ming-Tang** (shareholder of) — https://whiteintel.dev/entity/2f061cc2-66c8-5414-8e23-2c45fb82a82d
- **Cheng, Ta-Chi** (shareholder of) — https://whiteintel.dev/entity/c4111f75-72f2-54f5-983c-27ee3fe43f8f
- **Ethel Lee** (shareholder of) — https://whiteintel.dev/entity/0536371f-5204-5099-bb21-f11672a0230b
- **Richard M.T. Chen** (shareholder of) — https://whiteintel.dev/entity/8cd48d54-c1ec-5742-a23b-cb47e7cc176d
- **Cheng Lee, Mei-Yuan** (shareholder of) — https://whiteintel.dev/entity/1a20eff2-9bc1-5863-b918-087038dfbfd2
- **Lee, Cheng-Tan** (shareholder of) — https://whiteintel.dev/entity/5d02374e-d2fe-5f0b-a7fc-514d61965210
- **Peng, Chun-Chien** (shareholder of) — https://whiteintel.dev/entity/a359c32c-6506-5e3f-8eca-3cff4a31bb59

### 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)

**1** owner upstream in this entity's ownership/control chain is 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/148583

## Get the full, resolved dossier (agent-callable)

The above is the free teaser. The resolved **multi-hop UBO chain**, ownership **%**, full **financial history**, itemised **assets** and the hop-by-hop **exposure path** are the paid depth — callable as tools from your agent:

```bash
npx -y @whiteintel/mcp-server   # then: get_dossier · trace_ownership_path · check_offshore_exposure
```

Or unlock a one-off cited dossier for **ULTIMATE PROFIT EQUITIES LIMITED** — https://whiteintel.dev/entity/7325b884-adeb-57fe-87b7-d2c7c3e1d602 · pricing https://whiteintel.dev/pricing.

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **ULTIMATE PROFIT EQUITIES LIMITED**. Human view: https://whiteintel.dev/entity/7325b884-adeb-57fe-87b7-d2c7c3e1d602 · Structured JSON: https://whiteintel.dev/api/public/dossier/7325b884-adeb-57fe-87b7-d2c7c3e1d602._

_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"._