30.07.2012 Views

Asiaone 1-42

Asiaone 1-42

Asiaone 1-42

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

BUSINESS<br />

In addition to the content creation and brand strength of SPH, we also have access to and will be<br />

able to leverage on SPH’s large and successful advertising sales force, strong relationship with<br />

advertisers and extensive classified advertising operations (details of which are set out in “Interested<br />

Person Transactions – Media Representative Agreement” section of this Prospectus).<br />

(ii) Quality Content<br />

We draw on the extensive content creating capabilities of SPH for quality news and information<br />

over a wide range of general and special interest areas. With the support of our parent company<br />

and other resources, we are able to harness a wealth of content to be offered to the users of<br />

our portal.<br />

We host all the online editions of Singapore’s leading national dailies in each of the four official<br />

languages on our websites. At Zaobao.com, there is the additional offering of news gleaned<br />

from more than 80 Chinese language newspapers around the world. In addition to news, we<br />

also provide our users access to content in other communities of interest.<br />

We have been successful in attracting pageviews and developing a base of repeat users with<br />

the rich content on our websites.<br />

(iii) Integrity and Trust<br />

The Internet is a vast global goldmine of information, but the sources and credibility of some of<br />

such information may be dubious and may not be verifiable. As a result, there is a lack of<br />

confidence in the integrity of content, product and services available on Internet. We believe<br />

this same lack of confidence is a big hurdle in the development of e-commerce.<br />

Given the credibility and integrity of the sources of our content, we believe that our users have<br />

faith in the information provided at our websites. As we are a long term player in our business,<br />

we are of the view that our users have confidence and trust in engaging in e-commerce activities<br />

on our websites.<br />

(iv) Experienced Management<br />

We have an experienced management team which is well poised to bring our business to the<br />

next stage of success. Our Chief Executive Officer, Mr Low Huan Ping, has been actively<br />

involved in the Internet related industry since 1995 and the IT industry for more than two<br />

decades. In addition to AsiaOne, Mr Low’s director positions include SPHMM, Singapore Cable<br />

Vision Limited and M1. Prior to joining the SPH group of companies, Mr Low was with the<br />

Ministry of Defence, heading various IT departments.<br />

Our Chief Financial Officer, Mr Tan Teck Huat, has extensive experience in financial management<br />

and corporate finance. Prior to joining our Company, Mr Tan was the Head of the Corporate<br />

Finance department at SPH, where he played an instrumental role in the various exercises and<br />

initiatives undertaken by SPH to increase shareholders’ value. Before assuming his role at the<br />

Corporate Finance department, Mr Tan was a senior portfolio manager at SPH Asset<br />

Management Pte Ltd, which managed SPH Group’s $1.5 billion portfolio of investments. Mr Tan<br />

has been actively involved in finance related businesses and economics fields for more than a<br />

decade.<br />

76

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!