---
title: "MERSTAL LIMITED — Ownership Dossier"
canonical: https://whiteintel.dev/entity/ec5a8bcc-8f74-5c77-825f-c7510c170cb0
json: https://whiteintel.dev/api/public/dossier/ec5a8bcc-8f74-5c77-825f-c7510c170cb0
identifier: icij:icijol-82001613
jurisdiction: BM
risk: High
source: WhiteIntel corporate-ownership graph
---

# MERSTAL LIMITED

**Type:** Company  
**Jurisdiction:** BM  
**Identifier:** `icij:icijol-82001613`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/ec5a8bcc-8f74-5c77-825f-c7510c170cb0  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/ec5a8bcc-8f74-5c77-825f-c7510c170cb0  

## Ownership & control

### Owners / controllers

- **Reid Finance Limited - Bermuda** (shareholder of) — https://whiteintel.dev/entity/9e835669-3a55-5410-ba9e-bfcd42f8f3c6
- **Mersy Investment Company Limited** (shareholder of) — https://whiteintel.dev/entity/5fed3f6d-a0d1-5d66-9aa4-5230cc4b2771
- **Al Shams Holdings Limited** (shareholder of) — https://whiteintel.dev/entity/1188406c-f4bf-561b-83dc-fae086532658

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

A **20-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)

**14** 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/82001613

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **MERSTAL LIMITED**. Human view: https://whiteintel.dev/entity/ec5a8bcc-8f74-5c77-825f-c7510c170cb0 · Structured JSON: https://whiteintel.dev/api/public/dossier/ec5a8bcc-8f74-5c77-825f-c7510c170cb0._

_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"._