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TOM Group


TOM Group Limited (: 2383) is a Chinese-language media company in the Greater China region, with business interests across markets in Mainland China, Taiwan and Hong Kong. Its business covers four media sectors, Internet (TOM Online), Outdoor (TOM Outdoor Media Group), Publishing, and Television and Entertainment.

In 2008, TOM Group was crowned In-House of the Year - Media & Entertainment In-House Team of the Year at the 2008 ALB Hong Kong Law Awards.

The TOM Group was founded in October 1999 as a joint venture between Hutchison Whampoa, Cheung Kong Holdings, and other strategic investors, principally Solina Chau. In March 2000, it was listed on the Growth Enterprise Market as HKEx:8001. The Group subsequently transferred its listing to the Main Board of the (stock code: 2383).

The TOM Group's initial IPO on the Growth Enterprise Market (The Second Board in Hong Kong) caused a minor rush by the public for applications to purchase the stock at an offer price of $1.48–1.78 HK in March 2000. By January 2012, the stock closed at $4.71 HK on the Hong Kong Main Board, far outperforming its competitors sohu.com and sina.com's growth rates on the NASDAQ.

Headquartered in Hong Kong, the Group has regional offices in Beijing, Shanghai and Taipei and operating bases in about twenty cities. The Group generated revenues of HK$2,728 million in 2008, a 2% growth over 2007. Sing Wang has been the CEO up to end of 2005, the then CFO Tommei Tong was promoted to CEO in January 2006. Tommei Tong resigned in early 2008 and Ken Yeung was appointed as the CEO of TOM Group since 26 March 2008. Angela Mak Soek Fun was also appointed as the CFO.


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