Tom.com in Dynamic deal

Internet portal Tom.com has acquired 49 per cent of Kunming Fench Star Information Industry and an exclusive right to purchase the remaining 51 per cent.

Tom.com, owned by Li Ka-shing, said in a statement that Hitech Profits, a wholly owned subsidiary of Tom.com, had entered into a deal with Dynamic, which owns the remaining 49 per cent of Fench Star.

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