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Xi Mihua Case|Mandy Lieu pledged 100 million yuan of property and creditors filed for mortgage repayment and repossession

2021-12-22T07:42:55.614Z


Macau entertainment tycoon and founder of Suncity Group Zhou Zhuohua (nicknamed "Ximi Hua") was arrested in Macau for illegal gambling operations in the Mainland, his "lover" Mandy Lieu also valued his market value at about 120 million yuan.


Macau entertainment tycoon and founder of Suncity Group, Zhou Zhuohua (nicknamed "Ximi Hua"), was arrested in Macau for illegal gambling operations in the Mainland. His "lover" Mandy Lieu also assigned his market value to about 120 million yuan in Mid-Levels West. The high-level units of Juran were pledged to related companies of Macau Melco International.

The company filed a petition in the High Court yesterday, demanding Mandy Lieu repay the mortgage, interest and legal costs of the property, and demanded the recovery of the property.


The plaintiff Melco Resorts (Macau) Limited and the defendant Mandy Lieu.

The filing stated that on November 4, 2021, the defendant mortgaged the property on the 38th floor of Juran, 63 Seymour Road to the plaintiff as a repayment of the debts owed to the plaintiff.

The document revealed that the plaintiff is the borrower, the mortgager of the property is Mandy Lieu, and Suncity Gaming Intermediary One Person Co., Ltd. is the borrower.

The amount claimed by the plaintiff was the mortgage payment owed by the property, as well as the interest and legal costs, etc., and requested the recovery of the property, but did not specify the specific amount.

Case Number: HCMP 2174/2021

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01News

Source: hk1

All news articles on 2021-12-22

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