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Woo Kwan Lee & Lo is recognized in the 'Asian-Counsel Deal of the Year 2007'
Woo Kwan Lee & Lo is pleased to be recognized for its involvement in the privatization of TOM Online Inc. which emerged as one of the top deals in 2007 credited by Asian-Counsel magazine.   The firm represented TOM Group Limited in this deal and  the transaction involved the cancellation and extinguishment of all scheme shares in consideration of the payment of a cancellation price.  The firm also advised TOM Group Limited in connection with a related option offer.  After the privatiztion, TOM Online Inc. became owned as to about 90% sby TOM Group Limited.  The shares which were the subject of the scheme were valued at over HK$1,571 million.