SFC Lifts Freezing Orders Against Success Group Following Court Payment

The Securities and Futures Commission lifted worldwide freezing orders against Major Success Group Limited and Lo Kai Bong after HK$146,859,320 was paid into court on October 20, 2026. These orders were part of proceedings brought by the Securities and Futures Commission under Section 214 of the Securities and Futures Ordinance against Lo Kai Bong, LET Group Holdings Limited, and Summit Ascent Holdings Limited over suspected corporate misconduct. The trial for this case is scheduled to begin on September 20, 2027.

The lifting of asset restrictions following a court payment indicates a procedural step in a major regulatory case. The proceedings, which involve suspected corporate misconduct, remain active and could impact the financial standing and operations of Success.