December 3, 2007
TOM Group Denies Investment in Facebook
There was a buzz on the Web that Hong Kong billionaire Li Ka-shing, holds a majority stake in TOM Group has invested $60 million in Facebook, equivalent to 0.4 percent stake in Facebook, however TOM Group has denied such a report.
“TOM Group advised that it has not made any investment in Facebook,” said in a statement issued to the Hong Kong stock exchange, reported by Hong Kong newspaper 明報 (in Mandarin).
[...] Do a blog need an introduction? I finally feel the need to have one, as posted on my another blog, i.e. TagEdge.com: Introducing Facebook Watcher. [...]