TOM Online Announces Indiagames Acquisition Completed
"BEIJING, Feb. 24 - TOM Online Inc. (Nasdaq: TOMO; Hong Kong GEM: 8282), a leading wireless Internet company in China, is pleased to announce the sale completion of Indiagames took place on 24 February, 2005. As a result, TOM Online Games, a wholly-owned subsidiary of TOM Online Inc., has successfully acquired approximately 76.29% of the issued and paid-up share capital of Indiagames as at the sale completion. Indiagames becomes a non wholly-owned subsidiary of TOM Online."