Regulatory Alerts2026-06-25
Added · Updated
SFC obtains worldwide freezing order against Lo Kai Bong and Major Success Group Limited
The Court of First Instance granted the Securities and Futures Commission a worldwide injunction over the assets of Mr Lo Kai Bong and Major Success Group Limited, prohibiting them from removing, disposing of, or diminishing the value of their assets up to HK$146,859,320. The injunctions remain in effect until the next scheduled hearing on 26 August 2026. These orders were obtained as part of ongoing proceedings under section 214 of the Securities and Futures Ordinance to preserve assets for potential share repurchase and receiver appointments regarding LET Group Holdings Limited and Summit Ascent Holdings Limited.
More like this from SFC
SFC published 11 documents in the last 30 days. We email you each new one the day it's published.