TOM Group Limited

Formerly known as	Until
tom.com limited	23-Feb-04

No Exceptions?
Two months ago the SEHK and SFC introduced standardised waivers of the GEM listing rules. Despite its denials of preferential treatment, the Exchange has still not leveled the playing field by tightening the waivers on share options and lock-ups granted to Tom.com and Hongkong.com. Indeed, the wording on Tom.com's option limit has been relaxed further. Now the Exchange proposes a similar amendment to the option limits on the main board. Dilution city here we come. (14-May-00)

A Brief History of Tom
Tom-foolery abounds as we walk you through the financial wizardry which created a paper US$ billionaire who is not even on the board of the company. We also take a look at the business model of this company, which we predict will burn the Tom-thumbs of investors. (21-Mar-00)

Waivers Galore for Tom.com
The SEHK, demonstrating the inherent conflict between its regulatory role and its future role as a profit-making company, has begun waiving listing rules in a wholesale fashion to attract new listings. We look at the 3 major waivers granted to Tom.com on placings, lock-ups and a five-fold increase in share options, and at the wider issue of regulatory decay through competition. (21-Feb-00)

Tom.com - Sold!
What price tom.com? Webb-site.com begins its coverage of the IPO by revealing the price that the company paid for its shiny second-hand domain name, setting a record for a domain purchase by a non-US buyer, and potentially a world record. (19-Feb-00)

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