Make Success Limited

Mayer Holdings Ltd v Make Success Ltd & others
HK Court of First Instance, 5-Apr-2012
Simsen (0993) sells Mayer $300m promissory note to Lee Yuk Lun for $10m
Company announcement, 13-Feb-2012
The promissory note was part of the security for a loan amount of $76m, of which $50m was syndicated to China Properties Inv (0736). Lee Yuk Lun is Chairman and CEO of Rising Development (1004).
China Properties Inv (0736) intends to consent to sale of Mayer (1116) promissory notes by Simsen (0993) in Make Success loan
Company announcement, 2-Feb-2012
Mayer (1116) sues Zhang Xinyu's Make Success Ltd alleging misrepresentation
Company announcement, 16-Jan-2012
China Properties Inv (0736) lends HK$50m to Make Success Ltd via Simsen (0993)
Company announcement, 28-Jul-2011
CPI gets 18% p.a. - but we know from previous announcements that Power Alliance gets 23% and Simsen Capital Finance gets 24% p.a. This announcement doesn't mention what the security is: the Simsen announcement of 7-Jun-2011 will tell you: promissory notes and convertibles issued by Mayer (1116) in in acquisition.
Simsen (0993) lends HK$76m to Zhang Xinyu's Make Success Ltd
Company announcement, 7-Jun-2011
At 24% p.a., secured by HK$300m of promissory notes and $90m of convertible notes which were issued by Mayer Holdings Ltd (1116) in an acquisition. $28m of this loan is passed to Power Alliance Ltd at 23% p.a.,

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