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SIMSEN INTERNATIONAL CORPORATION LIMITED
天行國際(控股)有限公司


Raking muck, Part 3
We now connect Joseph Lau to Executive Talent, and focus on a series of dubious transactions by Hycomm and the bubble in its stock while it did the coal mine hokey cokey, from which bubble Joseph Lau has profited hugely. We also look at the creation of Inno-Tech and the youngest infant mortality on GEM, Codebank. (5-Mar-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) 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.,

Simsen (0993) sells 49% of Sun Finance Co Ltd to Checkmate Advisors Ltd  Clarification
Company announcement, 18-Aug-2010
The purchaser's owner is not disclosed, but as of 12-Sep-2011 (about a year later) it was Mr Chui Bing Sun, Chairman of Sage International Group Ltd (8082). The address of the purchaser is the same address as Sage.

Simsen (0993) buys 60% of Head & Shoulders Securities for HK$90m
Company announcement, 19-Dec-2007
Satisfied in shares @$0.355. Of the 60%, 52% is sold by Maggie Cheung Fung Kuen (whose investment cost was $17m) and 8% by Mr Lam Tung Woo, a Responsible Officer of the brokerage.

Breach of Listing Rules
Company announcement, 6-Oct-2006
Breach of Listing Agreement
Company announcement, 28-Aug-2003

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