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Technology Stocks : PCW - Pacific Century CyberWorks Limited

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To: ms.smartest.person who wrote (158)1/27/2001 9:34:12 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
[Morning Digest] Tom.com ceases OneAsia.com's operation

tom.com (8001) has ceased operations of its 31 per cent owned online entertainment retail arm OneAsia.com, according to the South China Morning Post.

tom.com paid US$4.2 million cash last January for a 15 per cent stake in OneAsia.com, and increased its stake in the company to 31 per cent through a share swap arrangement with OneAsia.com shareholders.

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