OFSI sanctions listing
KINGLY WON INTERNATIONAL CO., LTD
KINGLY WON INTERNATIONAL CO., LTD is an organisation designated on the HM Treasury — Office of Financial Sanctions Implementation (OFSI) (OFSI) sanctions list under the Democratic People's Republic of Korea programme, listed on 03/04/2018. This page summarises the public designation — known aliases, identifying particulars, the stated reason for listing and linked parties — alongside an independent, transparent risk indicator.
Reason for listing
(UK Sanctions List Ref):DPR0143. (UN Ref):KPe.060. In 2017, Tsang Yung Yuan (aka Neil Tsang) and Kingly Won attempted to engage in an oil deal valued at over $1 million with a petroleum company in a third country to illicitly transfer to the DPRK. Kingly Won acted as a broker for that petroleum company and a Chinese company that reached out to Kingly Won to purchase marine oil on its behalf.
Statement of reasons as published by UK OFSI. This is the issuing authority's wording, reproduced for reference.
Designation record
| List / authority | UK OFSI (OFSI) — Democratic People's Republic of Korea |
|---|---|
| Entity type | Organization |
| Programmes / regime | Democratic People's Republic of Korea |
| Date listed | 03/04/2018 |
| Source record ID | ofsi:13631 |
| Last updated (our copy) | 2026-06-04 |
Identity & particulars
| Nationality / country | Marshall Islands |
|---|---|
| Address(es) | Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro · Marshall Islands |
Deep-research dossier
Not yet deep-researched
The instant review above is drawn from the public lists. A deep-research dossier goes much further — an analyst-grade OSINT report: associate & co-investment network screening, structural / ownership opacity, a dated risk trajectory, an 8-factor scoring model, and numbered, source-linked evidence. See the format in the design system.
Clarifications & right of reply
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Source & provenance
| Issuing authority | HM Treasury — Office of Financial Sanctions Implementation (OFSI) |
|---|---|
| Source identifier | ofsi:13631 |
| Aggregated by | Sanctiometer (independent) — verify against the issuing authority's official list before acting. |