Asiaone 1-42
Asiaone 1-42
Asiaone 1-42
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(ii) PDA<br />
BUSINESS<br />
Since March 2000, we have been providing users of Palm Pilots with selected articles from<br />
The Business Times daily at 3.00 a.m. This service was extended to The Straits Times in early<br />
May 2000. We plan to work with PDA manufacturers to serve more of our content and services<br />
through a wider range of PDAs.<br />
(iii) Broadband<br />
We will work with Fantastic, through FantasticOne, to provide our content, community and<br />
commerce products and services through broadband networks. FantasticOne will focus on mass<br />
market content by offering one-stop solution to media producers, and to media distributors<br />
operating data broadcast networks enabled by Fantastic. FantasticOne will operate in the<br />
broadband/convergence market throughout Asia-Pacific, focusing on content over satellite, cable,<br />
ADSL and mobile networks.<br />
We plan to integrate vertically by investing in businesses that offer content, technology, distribution<br />
capabilities as well as marketing, e-commerce, and cross-promotional opportunities through joint<br />
ventures, strategic alliances and investments. Save for the investments mentioned in the “Business –<br />
Joint Ventures, Strategic Alliances and Investments” section of this Prospectus, we have not made<br />
other similar investments as at the date of this Prospectus.<br />
We plan to expand our presence geographically in the region and China, as well as to build our<br />
brand names internationally. To this end, we intend to enter into joint ventures with (i) established<br />
local partners in each of the various countries who have strong presence in their own countries and<br />
who have a good understanding of the indigenous social and cultural needs as well as consumption<br />
pattern in the respective countries, and (ii) partners with the content and/or proven know how and<br />
who are ready to penetrate the Asian market. We will, for example, develop and raise the profile of<br />
Zaobao.com in China in partnership with local Chinese parties.<br />
Singapore will be our operational headquarters and base where we develop, test and launch new<br />
products and services. Once proven, we will export such products and services to our overseas<br />
ventures. We will also provide technological and functional support to our overseas ventures from<br />
Singapore.<br />
We intend to provide all the necessary support to our overseas ventures when they are in the<br />
infancy stage. However, our long term goal is to develop these ventures into operationally and<br />
financially independent, autonomous businesses. In this light, it is the intention to list the various<br />
joint venture companies separately on internationally recognised stock exchanges soonest practicable.<br />
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