---
title: "Peony Development Ltd. — Ownership Dossier"
canonical: https://whiteintel.dev/entity/bfe64fe2-23ab-5215-bbe4-c48b3cfc298b
json: https://whiteintel.dev/api/public/dossier/bfe64fe2-23ab-5215-bbe4-c48b3cfc298b
identifier: icij:icijol-10207714
jurisdiction: CA
risk: Medium
source: WhiteIntel corporate-ownership graph
---

# Peony Development Ltd.

**Type:** Company  
**Jurisdiction:** CA  
**Identifier:** `icij:icijol-10207714`  
**Risk level:** Medium  
**Canonical dossier:** https://whiteintel.dev/entity/bfe64fe2-23ab-5215-bbe4-c48b3cfc298b  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/bfe64fe2-23ab-5215-bbe4-c48b3cfc298b  

## Ownership & control

### Owners / controllers

- **Alain Roch and Jules Brossard (Jointly)** (shareholder of) — https://whiteintel.dev/entity/02b078f8-72da-5c0b-aee2-f9261319ebc8
- **HSBC Trustees (Singapore) Limited** (shareholder of) — https://whiteintel.dev/entity/8f040c44-e3d8-5ee6-8c71-a605b2131028
- **MURDOCH and COMPANY** (shareholder of) — https://whiteintel.dev/entity/fff9fab5-c7d4-5b5f-b1ef-adc6a6ccfcb6

### 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)

**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/10207714

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **Peony Development Ltd.**. Human view: https://whiteintel.dev/entity/bfe64fe2-23ab-5215-bbe4-c48b3cfc298b · Structured JSON: https://whiteintel.dev/api/public/dossier/bfe64fe2-23ab-5215-bbe4-c48b3cfc298b._

_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"._