---
title: "TRUE MASTER INVESTMENTS LTD. — Ownership Dossier"
canonical: https://whiteintel.dev/entity/8d22adfb-0315-5622-9dff-ed70b98cecd1
json: https://whiteintel.dev/api/public/dossier/8d22adfb-0315-5622-9dff-ed70b98cecd1
identifier: icij:icijol-10134167
jurisdiction: SG
risk: Medium
source: WhiteIntel corporate-ownership graph
---

# TRUE MASTER INVESTMENTS LTD.

**Type:** Company  
**Jurisdiction:** [SG](https://whiteintel.dev/jurisdictions/sg)  
**Identifier:** `icij:icijol-10134167`  
**Risk level:** Medium  
**Canonical dossier:** https://whiteintel.dev/entity/8d22adfb-0315-5622-9dff-ed70b98cecd1  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/8d22adfb-0315-5622-9dff-ed70b98cecd1  

## Ownership & control

### Owners / controllers

- **Gary Richard Murray** (shareholder of) — https://whiteintel.dev/entity/5d7bc170-d795-5416-94e5-bd1686f62e2a
- **Blackwood Capital Corporation** (shareholder of) — https://whiteintel.dev/entity/1f8eb9c9-bddd-5950-b9f9-2c64c803a434
- **Destination Properties Group Ltd.** (shareholder of) — https://whiteintel.dev/entity/ee686d90-28ab-5768-bcef-0042ae77307e

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

A **4-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/10134167

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **TRUE MASTER INVESTMENTS LTD.**. Human view: https://whiteintel.dev/entity/8d22adfb-0315-5622-9dff-ed70b98cecd1 · Structured JSON: https://whiteintel.dev/api/public/dossier/8d22adfb-0315-5622-9dff-ed70b98cecd1._

_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"._