---
title: "HKC Trading Ltd. — Ownership Dossier"
canonical: https://whiteintel.dev/entity/da3a90fb-a2aa-5437-92a2-244319b9f90e
json: https://whiteintel.dev/api/public/dossier/da3a90fb-a2aa-5437-92a2-244319b9f90e
identifier: icij:icijol-55058257
jurisdiction: MT
risk: High
source: WhiteIntel corporate-ownership graph
---

# HKC Trading Ltd.

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55058257`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/da3a90fb-a2aa-5437-92a2-244319b9f90e  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/da3a90fb-a2aa-5437-92a2-244319b9f90e  

## Ownership & control

### Owners / controllers

- **Dos Reyes Holding Ltd.** (shareholder of) — https://whiteintel.dev/entity/0f6cda92-72f1-5f7f-8850-316763e898d2
- **Teemu Petteri Karppinen** (shareholder of) — https://whiteintel.dev/entity/63797bfa-5c94-5f5e-b998-785f2c1d98ea
- **FRANK MIKAEL HEINANEN** (shareholder of) — https://whiteintel.dev/entity/50115210-adf3-5232-ae1e-17d3fb503cb4

### 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)

**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/55058257

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **HKC Trading Ltd.**. Human view: https://whiteintel.dev/entity/da3a90fb-a2aa-5437-92a2-244319b9f90e · Structured JSON: https://whiteintel.dev/api/public/dossier/da3a90fb-a2aa-5437-92a2-244319b9f90e._

_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"._