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Internet news
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From April 1,2000 companies listed in KLSE going for e-venture will have to disclose details of their e-venture (The Star March 2000) |
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Microsoft's anti-trust court case will be included next week and the odds are on Micorsoft to win this round. (The Star 2/4/00) |
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Microsoft Corp is believed to have paid US$100mil for 9% stake in Measat Broadcast Network System Sdn Bhd. Also, Measat could be seeking IPO (The Star 17/3/00). See Tanjong. |
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Singapore Prime Minister's caution: Beware of your choice of internet stocks, some would be successful, some may not. |
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According to Xudio.com, Asia-Pacific's net entertainment market size this year is about US$20.96million and in 2005 it is estimated to be US$0.635 Trillion (US$635 Billion), in 2003, 3% of internet users will use net entertainment (Sin Chew 16/3/00). See AKNTech. |
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Asiaweek Feb 18, 2000: beware of internet hype - "There are a lot of people out there who are talking up their business plans. But that does not mean they are all pretenders...Quite a few entrepreneurs are focused primarily on short-term capital gains." Greg Feldberg, an analyst at Indosuez W.I. Carr Securities in Hong Kong. |
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Webster Fuzz: "Some are dotComs, others dotCons." |
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Herald Tribune's Global Economic Review Feb 00: "Global Internet market is forecasted to be as big as US$7.3 Trillion (US$7,300 Billion) by year 2004. Almost the size of the whole of present European market." |
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Stephen Ong, Internet Technology Asia Ventures Sdn Bhd (majority stake held by TH Group)'s joint-venture partner: There were 20 million Internet users in Asia in 1999 and the number was forecast to increase to 60 million in 2003." |
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Herald Tribune's Global Economic Review March 00:"In near future the letter "e" is going to be taken away from "e-commerce" because every business would have to be "e"." |
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Japan's internet giant Softbank may be eyeing any Malaysia net firms which must be "content or infractructure-related", who will be the lucky chosen one?. DiGi.Com's 3% has been acquired by Softbank. DiGi.Com is infractructure-related |
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Maxis Communications Bhd is considering plans for a listing. See Tanjong. |
'Internet' stocks
Stocks and latest date of rumours recorded
(NA=no rumours recorded)|
Abric (11/3/00) |
Bought 50.5% (505 news shares of US$1 each) stake in US-based E-Comax.Com(which has an authorised capital of US$100,000) through its 70% subsidiary E-Locked dot.Com. |
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AKNTech (28/3/00) |
Owns stakes in Cari, a local search engine provider, (is it related to www.catcha.com? the web author would be grateful if surfers can help clarify this). And Internet Perspectives, Messaging, Incenplus and possibly AKNTech dotCom (which may be listed in Mesdaq). Just acquired stakes in three semi-conductor related companies. |
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Ancom March 2000 |
Working with Oracle to set up South-East Asia's first online business-to-business commercial exchange for the chemical industry and its related services. Rumoured that its subsidiary to be listed in Singapore. |
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Antah (Feb00) |
Online sales and distribution |
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B-Group (March00) |
Online, linked to pharmaceuticals |
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Camerlin March 2000 |
Internet incubator, alliances with foreign company; Camerlin is part of Hong Leong Group, other shareholders include Renong etc. Rumoured that its subsidiary is to be listed in Singapore. |
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Dai-ichi (31/3/00) |
Rumoured to have been taken over by Asia Internet and obtaining governemt project to set up government-to-consumer portals. |
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DiGi.Com (11/3/00) |
3% stake bought by Softbank Investment (International) Holdings Ltd. Telenor of Norway and Softbank, Japan's largest Net builder, are its strategic partners in telecommunications and Internet ventures. |
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Dijacor (31/3/00) |
Plan for venturing into internet gaming. Proposes to acquire for RM13.3million cash, a 70% stake in an internet casino operator which caters for the Asian region. |
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Dijaent (20/3/00) |
Bought controlling stake in Asia-Web Direct (HK) ltd (www.phuket), World of Feng Shui Sdn Bhd (www.worldoffengshui), and 60% stakes in MyETutor.com Sdn Bhd (RM9mil), 1800Assist.com Sdn Bhd (RM15mil) and Mcities.com Sdn Bhd (RM11mil). |
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Gemtech (9/3/00) |
Significant stakes bought over by Net Edge Online Sdn Bhd |
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Fujitsu (Q3/99) |
Bought over 100% stakes in FSBM Learning Media, 100% stakes in FSBM Net Media, 60% stakes in Internexia, 49% stakes in MSCGateway. |
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Kenanga (Feb00) |
Online trading |
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Linear (23/3/00) |
Rumours link it to Richard Li (who had just bought over a main Hong Kong telcos company for US$38Billion and son of Li Ka Seng) and Horizon.com. |
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Lityan (6/3/00) |
ISP in Philippines and VoIP i.e. voice internet provider in Malaysia and etc - Lityan working with Chariot Internet from Australia |
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Nanyang (31/3/00) |
Rumours relate it to involvement in m-commerce |
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Nikko (Jan00) |
Management had expressed interest in manufacturing MP3 walkman, a walkman that plays songs downloaded from internet by the walkman itself |
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OSK (2/3/00) |
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Pensoni (Feb00) |
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Pica (4/3/00) |
Owns 20% of GloMatrix, manufacturer of cordless peripherals e.g. cordless mouse. Pica is having stakes in some dot.coms companies. |
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Pilecon (11/3/00) |
Owns Itronic which owns about 26% of PDX, a company manufacturing and retail selling (own outlets) computers or computer-related products. |
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Renong (20/3/00) |
e-health4all,krishost,e-contstruction,e-tuisyen,apanak.com,e-travel,e-route planner,onebill/central online payment system,e-cars-e-jobs,e-tickets. |
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Safegad (NA) |
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Sapura (15/3/00) |
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Star (March 2000) |
Media online, working with Catcha.com which is currently the biggest local search engine in South East Asia. |
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TA (Feb00) |
Online trading |
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Tanjong (17/3/00) |
As of 1997 owns about 33% in Usaha Tegas Sdn Bhd which is the parent company of Measat Broadcast Network System Sdn Bhd, operator of broadcasting and internet in Asia under Astro. |
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Telekom (16/3/00) |
ISP, internet server provider. Received government's contract to set up intranet/internal portal for government departments. |
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TH Group (4/4/00) |
Internet incubator, IT consultancy and etc. About RM68mil invested and will be invested into internet related activities. 20 internet related projects in progress. |
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Time (1/3/00) |
ISP, internet server provider |
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TV3 (Feb00) |
Media online - alliances with Time and NSTP |
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UEM (20/3/00) |
e-health4all,krishost,e-contstruction,e-tuisyen,apanak.com,e-travel,e-route planner,onebill/central online payment system,e-cars-e-jobs,e-tickets. |
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Uniphone (15/3/00) |
Owns 38% in Sapura Telecommunications Bhd. |
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Utusan (Feb00) |
Minority stake bought by internet-related company |
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Etc |
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