Melco LottVentures Limited acts as an investment holding company while its subsidiaries are principally engaged in the business of network system integration (SI). These include provision of network infrastructure solutions, including network infrastructure, network management services and network software, in the People’s Republic of China and Hong Kong. The Company comprises two business segments: network system integration and lottery business management services. On December 13, 2007, Rising Move International Limited, a wholly owned subsidiary of the Company, entered into the agreement with Power Way Group Limited to purchase the 80% of the issued share capital of PAL Development Limited and 60% of the issued share capital of Oasis in a very substantial acquisition. Its subsidiaries include Wafer Systems Holdings Limited and Network Systems (Shanghai) Co., Ltd.

Greek Lottery Firm Buys Into Melco Unit
HONG KONG (September 29, 2008) -- Sports lottery manager Melco LottVentures (8198) said an Athens-listed gaming technology and services provider INTRALOT is set to become its second- largest stakeholder by acquiring a 20.6 percent stake for HK$305 million.................Subscribers