Asiaone 1-42
Asiaone 1-42
Asiaone 1-42
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BUSINESS<br />
While the Internet has stimulated the development of digital content and a coherent set of open<br />
standards for the creation of multimedia, data broadcasting further allows broadcasting and the Internet<br />
to converge into a single seamless digital medium. Compelling content and applications including<br />
text, pictures, graphics, audio and video can therefore be broadcast at very high speeds to Internet<br />
Protocol devices such as personal computers, television sets and mobile devices. FantasticOne aims<br />
to capitalise on the opportunities generated by this transition.<br />
Strategic Investment – Asianbourses.com<br />
On 2 March 2000, we invested $6.38 million in Asianbourses.com, representing a 20% stake.<br />
Asianbourses.com, incorporated in Singapore on 25 January 1995, is a financial information<br />
infrastructure company. Asianbourses.com intends to undertake the following:-<br />
(i) develop high granularity databases on financial markets;<br />
(ii) develop data-warehousing and data-mining tools using supercomputers to produce advanced,<br />
high intensity real-time and comprehensive investment analysis content;<br />
(iii) create original analytical investment content;<br />
(iv) deploy content over a Unified Messaging System;<br />
(v) distribute products and content for financial institutions using information dissemination technology;<br />
and<br />
(vi) operate a virtual funds “exchange” subject to regulatory approval.<br />
Asianbourses.com’s business complements our core business and fits into our vertical integration<br />
strategy.<br />
Asianbourses.com is currently working with The Business Times and AsiaOne to develop a new<br />
website to be called AsiaOne Markets. AsiaOne Markets will have stock information on key Asian<br />
exchanges, as well as historical data and tools for technical analysis and other relevant facts and<br />
figures. AsiaOne Markets will replace BT Stocks when launched.<br />
Asianbourses.com is also working with Zaobao.com to provide stock analyses and financial news for<br />
investors on stocks listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange.<br />
Strategic Alliance – Healthanswers.com.sg<br />
On 12 April 2000, we entered into an agreement with HealthAnswers (Singapore) Pte Ltd (“HAS”) to<br />
jointly create a co-branded health and medical website (the “Co-branded website”). Under this<br />
agreement, which is for a period of five years, we shall provide a gateway on AsiaOne.com to the<br />
Co-branded website.<br />
The Co-branded website will provide answers to the health concerns of our users. It will also provide<br />
content relating to health issues including but not limited to diseases and conditions, healthy body,<br />
healthy lifestyle, news, resources, and questions and answers. Contents on the Co-branded website<br />
will be updated regularly.<br />
We have agreed with HAS to share the advertising revenue generated from the Co-branded website<br />
based on a sharing formula.<br />
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