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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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