4 New companies

Transcription

4 New companies
Asiasoft Corporation PLC.
(AS)
1Q12 Opportunity Day
17th May 2012
Disclaimer

The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation
of an offer or invitation to purchase or subscribe for shares of Asiasoft Corporation Pcl. (“Asiasoft”) in any jurisdiction nor should it or any part of it
form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever.

This presentation may include information which is forward-looking in nature. Forward-looking information involve known and unknown risks,
uncertainties and other factors which may impact on the actual outcomes, including economic conditions in the markets in which Asiasoft operates
and general achievement of Asiasoft business forecasts, which will cause the actual results, performance or achievements of Asiasoft to differ,
perhaps materially, from the results, performance or achievements expressed or implied in this presentation

This presentation has been prepared by Asiasoft. The information in this presentation has not been independently verified. No representation,
warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the
information and opinions in this presentation. None of Asiasoft or any of its agents or advisers, or any of their respective affiliates, advisers or
representatives, shall have any liability (in negligence or otherwise) for any loss howsoever arising from any use of this presentation or its contents
or otherwise arising in connection with this presentation

This presentation is made, furnished and distributed for information purposes only. No part of this presentation shall be relied upon directly or
indirectly for any investment decision-making or for any other purposes

This presentation and all other information, materials or documents provided in connection therewith, shall not, either in whole or in part, be
reproduced, redistributed or made available to any other person, save in strict compliance with all applicable laws
Page 2
Agenda
• Territory Overview
• Asiasoft Overview
• Next Steps
• Appendices
Page 3
Territory Overview
Page 4
Online Game Publishers in Thailand
TOTAL: 65 Games
25 New Games
78 Games
27 New Games
111 Games
34 New Games
129 Games
39 New Games
143 Games
14 New Games
5
4
3
2
1
23 Companies
(5 new companies)
(0 closed company)
2008
26 Companies
(6 new companies)
(3 closed
Company)
2009
33 Companies
(8 New
companies)
(1 closed
company)
2010
33 Companies
(5 New companies)
(5 closed
company)
39 Companies
(6 New companies)
(0 closed
company)
2011
1Q12
6 New companies entered the market in 1Q12 with total of 39 publishers operating 143 game titles
Page 5
New Game Launch in Thailand
Online Game
CHO
AIKA
Cosmic Break Online
Prius Online
IRIS ONLINE
Super SpeeDa
Trickster
World of Fighter
ION [Loong Online]
New 9 games from 8 Publishers
Publisher
Asiasoft/Funbox
Asiasoft/Funbox
Digicraft
Golden Soft
JAYA SOFT
Joy Telecom
Vplay
Winner Online
Winner Online
Type
MMORPG
MMORPG
MMORPG
MMORPG
MMORPG
Casual
MMORPG
MMORPG
MMORPG
Online Game
Zeed Empire
Dungeon Viva Zeed
Camon Hero
Dragon Nest
FreeJack
Soccer Manager Online
Lime Odyssey
Edge of Warriors
Kaneland
ศึกบัลลังก์มังกร
18ฝ่ ามือมหาประลัย
Mini Fighter
Eden Online
The Legend of Emperor
New 14 games from 5 Publishers
Publisher
7Zeed
7Zeed
Asiasoft/Funbox
Asiasoft/Funbox
Asiasoft/Funbox
EMMO
Golden Soft
Koramgame
Koramgame
SNSPlus
SNSPlus
TDE/NC True
Winner Online
Winner Online
WEB
7 games
50%
Casual
1 games
11%
MMORPG
8 games
89%
Type
WEB
WEB
MMORPG
MMORPG
Casual
WEB
MMORPG
WEB
WEB
WEB
WEB
MMORPG
MMORPG
MMORPG
MMORPG
6 games
43%
Casual
1 games
7%
Web games becoming a big trend: number of web games launched in 1Q12 surpassed MMORPG
Page 6
Market Share by Genre in 1Q12
Others
26%
Asiasoft/Funbox
52%
MMOPRG
INI3 Digital
3%
CASUAL
Others
14%
Winner Online
15%
TDE/NC True
4%
INI3 Digital
20%
Asiasoft/Funbox
40%
Golden Soft
7%
Others
22%
INI3 Digital
7%
Others
30%
TDE/NC True
13%
Asiasoft/Funbox
45%
Winner Online
11%
Winner Online
12%
TDE/NC True
21%
Web
Game
Others
4%
Asiasoft/Funbox
9%
FPS
Asiasoft/Funbox
38%
INI3 Digital
32%
TDE/NC True
75%
Total market share improved from 38% in 2011 to 40% in 1Q12 due to higher shares in web game and FPS
Source: Company’s data based on 1Q12 Avg. Max CCU
Page 7
Online Game Publishers in Singapore
TOTAL: 5 Games
21 Games
7 New Games
24 Games
26 Games
9 New Games
2 New Games
4
3
2
1
9 Companies
(1 New company)
8 Companies
(4 New
companies)
4 Companies
4 Companies
2009
2010
2011
1Q2012
1 New company entered the market and launched its first game in late March
Page 8
New Game Launch in Singapore
1Q11
1Q12
Online Game
Publisher
Type
AikaSEA
Asiasoft
MMORPG
League of Legends
Garena
MOBA
2 New Games Released from 2 publishers
Online Game
Publisher
Type
SD Gundam Online
Cherry
Credits
Casual
World of Tanks
SEA Gaming
TPS/FPS
2 New Games Released from 2 publishers
Page 9
Online Game Publishers in Malaysia
TOTAL: - Games
- New Games
72 Games
106 Games
35 New Games
41 New Games
119 Games
15 New Games
4
3
2
1
33 Companies
(8 New
companies)
(2 close company)
29 Companies
(7 new companies)
(1 close Company)
- Companies
(- new companies)
(- close company)
2009
•
36 Companies
(4 New
companies)
(1 Close company)
2010
2011
1Q2012
4 New comers entered the market in 1Q12; however, 1 company closed down with total of 36 publishers at the end of
1Q12
•
High competition market with number of publishers are almost the same as Thailand’s, but market size is only half .
Page 10
New Game Launch in Malaysia
Online Game
Monster Forest
New RO
Yuan Zhen
Fantasy Sangou
Kung Fu Hero
Water Fairy
Ming Web
Publisher
Asiasoft
Gameflier
Kingsoft
GoPlayPlay
Redapple
Youxi Park
Youxi Park
Number of titles launch: 7
Most new title are client based MMORPG.
Type
MMORPG
MMORPG
MMORPG
Web
MMORPG
MMORPG
Web
Online Game
ShowTimeSEA
DF Web
SQ Web
Wang Dao Online
SMZT Web
B7U Web
WLZW Web
WLY Web
Xiao Jing
World Domintate
FHDT Web
FSZ Web
Ninja2u
Wulin Adventure
Egnima
Publisher
Eagle Game
MyCNX
MyCNX
CIB
GamePro
RMS
RMS
RMS
GoPlayPlay
Gamersland
FunGame
BBG.my
Funnel
Runup
Runup
Type
Casual
Web
Web
MMORPG
Web
Web
Web
Web
MMORPG
Web
Web
Web
Web
Web
MMORPG
15 New games from 11 publishers
Most new title are web based MMORPG or Strategy.
Page 11
Market Share by Genre in 1Q12
CASUAL
MMOPRG
TOTAL
Web
Game
FPS
• Cherry Credits launched SD Gundam Online in Feb 2012.
• Top publishers in Singapore: Asiasoft, Cherry Credits, Garena, IAH Games
• Top publishers in Malaysia: CIB, Cubinet, Asiasoft, Eagle Games
Source: Company’s data based on 1Q12 Avg. Max CCU
Page 12
Online Game Publishers in Indonesia
TOTAL: 19 Games
51 Games
71 Games
12 New Games
3 Closed Games
19 New Games
1 Closed Games
24 New Games
4 Closed Games
80 Games
7 New Games
2 Closed Games
4
3
2
1
2009
32 Companies
(4 New companies)
(2 close company)
27 Companies
(9 New companies)
(3 close company)
20 Companies
(10 new companies)
(1 close Company)
10 Companies
(2 new companies)
(3 close company)
2010
2011
1Q12
4 New comers entered the market, but 2 companies closed down in 1Q12
Page 13
New Game Launch in Indonesia
Game Title
Granado Espada
Grand Fantasia
Publishers
Lyto
Winner Online
Genre
RPG
RPG
Game Title
Dragon's Call Indonesia
Legend of 3 Kingdoms
Anime Figter
Forsaken World
Kart Rider
Kaisar
Crystal Epic
Publishers
IGLO
Prodigy
Lyto
Lyto
Kreon
Jawa Online Ltd
Orange Games
Genre
Web
RPG
Casual
RPG
Casual
RPG
Web
7 Games From 6 publishers (1 new publisher)
MMORPG is still a mainstay of publisher.
Page 14
Market Share by Genre in 1Q12
• ASID had no market share in web, casual and FPS game yet.
• Gemscool is a subsidiary of Kreon from Korea.
Source: Company’s data based on 1Q12 Avg. Max CCU
Page 15
Asiasoft Overview
Page 16
Consolidated Performance
Unit : Million Baht
Items
Q1Y11
Q4Y11
395.38
441.03
402.22 ▲ 1.7%
▼ 8.8%
Domestic
277.02
286.41
261.32
▼ 5.7%
▼ 8.8%
Oversea
118.36
154.62
140.90
▲ 19.0%
▼ 8.9%
360.26
407.74
360.79
▲ 0.1%
▼ 11.5%
25.66
26.51
34.29
▲ 33.6%
▲ 29.3%
Advertising and others
9.46
6.78
7.15
▼ 24.4%
▲ 5.4%
COGS
Gross Profit
GP%
SG&A
SG&A%
Other Revenues
EBIT
EBIT%
EBITDA
EBITDA%
Tax
Non-controlling interests
Net Profit
Net Profit%
212.74
182.64
46.2%
97.09
24.2%
6.16
91.71
22.8%
120.55
30.0%
21.61
0.00
69.99
17.4%
248.22
192.81
43.7%
136.30
29.0%
28.69
85.20
18.1%
132.44
28.2%
14.27
(1.70)
72.57
15.4%
220.55
181.68
45.2%
105.32
25.0%
18.34
94.68
22.5%
123.75
29.4%
21.75
(0.24)
73.12
17.4%
▲ 3.7%
▼ 0.5%
▼ 11.1%
▼ 5.8%
▲ 8.5%
▼ 22.7%
Revenues
Q1Y12
YoY
QoQ
<By Region>
<By Business Type>
Online
Distribution
▲ 197.6% ▼ 36.1%
▲ 3.2% ▲ 11.1%
▲ 2.7%
▼ 6.6%
▲ 0.7% ▲ 52.4%
▼ 100.0% ▲ 86.0%
▲ 4.5%
▲ 0.8%
Page 17
Performance Analysis
Unit : Million Baht
Items
Q1Y11
Q4Y11
Q1Y12
YoY
QoQ
69.99
72.57
73.12
▲ 4.5%
▲ 0.8%
17.4%
15.4%
17.4%
9.97
(1.09)
Sublicense to VN-ASC
4.82
3.97
Recognized Sublicense to VN-ASC
0.00
(6.44)
A/R Provision-ASC
2.64
0.00
0.00 ▼ 100.0%
Adjusted Deferred Tax-ASC&Funbox
0.00
5.89
0.00
▲ 0.0%
▼ 100.0%
Oversestimation of Bonus Y2010-Funbox
0.00
(1.26)
0.00
▲ 0.0%
▲ 100.0%
Tax Credit-ASO
0.00
(4.08)
0.00
▲ 0.0%
▲ 100.0%
Employee Benefit-ASC&Funbox
2.51
0.82
0.38 ▼ 85.0%
▼ 54.4%
79.96
71.48
74.29
▼ 7.1%
▲ 3.9%
19.9%
15.2%
17.7%
Net Profit
Net Profit%
Major Adjustment
Normalized Profit
Normalized Profit%
1.17 ▼ 88.3% ▲ 206.8%
0.79 ▼ 83.6%
▼ 80.1%
▲ 0.0%
▲ 100.0%
0.00
▲ 0.0%
Page 18
CGS and SG&A Breakdown
Unit : Million Baht
Items
Q1Y11
Q1Y12
138.09
132.70
34.9%
33.0%
▼ 3.9%
108.98
111.48
27.6%
27.7%
▲ 2.3%
29.12
21.22
7.4%
5.3%
▼ 27.1%
Employee
35.56
40.07
9.0%
10.0%
▲ 12.7%
Network&Maintenance
21.81
22.65
5.5%
5.6%
▲ 3.9%
Depreciation
6.56
7.52
1.7%
1.9%
▲ 14.6%
Direct Cost
10.72
17.61
2.7%
4.4%
▲ 64.2%
212.74
220.55
53.8%
54.8%
▲ 3.7%
Royalty
Revenue Sharing
COGS
% to Core Revenue
Q1Y11
Q1Y12
Amortization
Total
Head Count
415
%Change
▲ 10.1%
457
Unit : Million Baht
Items
SG&A
% to Core Revenue
Q1Y11
Q1Y12
Q1Y11
Q1Y12
Employee
43.95
45.43
10.9%
10.8%
▲ 3.4%
Rental&Utilities
12.38
13.54
3.1%
3.2%
▲ 9.4%
Marketing
17.08
24.14
4.3%
5.7%
▲ 41.3%
Depreciation
4.46
5.44
1.1%
1.3%
▲ 21.9%
Others Selling
6.07
3.33
1.5%
0.8%
▼ 45.1%
13.14
13.44
3.3%
3.2%
▲ 2.2%
97.09
105.32
24.2%
25.0%
Other Administrative
Total
Head Count
242
300
%Change
▲ 8.5%
▲ 24.0%
• Head count at the end of 1Q12 is 757, compared to 667 last year was due to preparation for aggressive game
launch and additional BU, PT Asiasoft.
Page 19
Total Revenue Structure
Domestic
Overseas
Thailand
•
Plus Sublicense
revenue in Vietnam
66%

Singapore

Malaysia

Indonesia

Philippines
34%
1Q12 Total Revenue: THB 420 mn
Page 20
1Q12 Total Revenue Breakdown
GROUP
Advertising Others
4%
2%
Distribution
Income
8%
Advertising Others
2%
6%
Distribution
Income
9%
DOMESTIC
Online Income
83%
Advertising
Distribution 1% Others
2%
Income
6%
Online
Income
86%
OVERSEAS
Online Income
91%
Page 21
1Q12 Group Cost Breakdown
Selling Expenses
Employee
15%
COGS
Others
7%
Commission
3%
Depreciation
3%
Others
Network and
1%
Service
10%
Marketing
75%
Direct Cost
8%
Total Selling Exp. is THB 32.4 mn
Employee
Expense
18%
Royalty Fee
60%
Administrative Expense
Others
24%
Total COGS is THB 220.5 mn
Depreciation
7%
Rental and
Center
0%
Services
13%
Employee
56%
Total Admin. Exp. is THB 72.9 mn
Page 22
1Q12 Domestic Cost Breakdown
Selling Expenses
Employee
10% Others
8%
COGS
Depreciation
4%
Network Service
9%
0%
Marketing
82%
Direct Cost
4%
Employee
Expenses
21%
Administrative Expense
Royalty Fee
62%
Others
27%
Depreciation
10%
Rental and
Center
Services
11%
Employee
52%
Page 23
1Q12 Overseas Cost Breakdown
Selling Expenses
COGS
Depreciation
Others
3%
1%
Marketing
36%
Employee
43%
Network Service
12%
Others
21%
Direct Cost
13%
Admin Expenses
Royalty Fee
56%
Employee
Expenses
15%
Others
19%
Depreciation
4%
Rental and
Center Services
16%
Employee
61%
Page 24
1Q12 Top 5 Online Games
Group
Dragon
Nest
24%
Others
30%
Domestic
Auditio
n 9%
Dragon
Nest
19%
Others
39%
Pocket
Ninja
9%
Maple
Story
12%
Yulgang
11%
Cabal
8%
Yulgan
g 14%
Ragnarok
11%
Ragnar
ok 14%
AuditionOthers
5%
5%
AIKA
8%
Overseas
Sudden
Attack
12%
Cabal
14%
Maple
Story
56%
Page 25
Remark: Data based on 1Q12 Avg. Max CCU
Online Games Income Breakdown
Casual
23.4%
FPS
4.1%
Web-Based
0.0%
MMORPG
72.5%
FPS
5.2%
Casual
20.1%
FPS
4.5%
Casual
20.0%
Web-Based
7.0%
MMORPG
67.7%
Web-Based
2.2%
MMORPG
73.2%
Page 26
Financial Highlights
Online Income &Total Sales
COGS
Unit: THB mn
Unit: THB mn
248.2
232.5
212.7
441.0
438.2
360.2
354.3
359.2
307.6
309.1
313.9
395.3
395.4
407.6
393.5
344.7
366.6
346.4
188.7
402.2
407.7
Operating Profit
97.9
83.9
Net Profit
Unit: THB mn
73.9
94.7
85.0
77.0
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12
Source: www.setsmart.com
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12
83.8
91.7
81.1
184.4
110.8
104.4
220.5
219.5
360.8
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 3Q11 4Q11 1Q12
Online Income
Total Sales
Unit: THB mn
177.0
220.1
62.8
69.2
70.0
68.6
72.6
73.1
58.5
1Q10 2Q10 3Q10 4Q10 1Q11 2Q11 2Q11 4Q11 1Q12
Page 27
Business Highlights in 1Q12
•
•
New Game Launch
•
Thailand (3): Camon Hero (Jan), Dragon Nest (Mar), Free Jack (Mar)
•
Philippines (1) : Maple Story (Mar)
•
Malaysia (CIB): Wang Dao Online
Distributed Product
•
Re-launch of BLIZZARD box sets in Malaysia, Thailand, and Singapore: World of
Warcraft, Starcraft: Battle chest, Diablo II: Battlechest, Warcraft III: Battlechest
•
M&A
•
•
•
Acquired 61.68% in CIB Development Sdn. Bhd.
New Territory: Branch Office in Philippines
•
Officially operated in Feb 2012
•
The first game (Maple Story) commercially launched in Mar 2012
Expansion of Refill Service
•
1-2-Call cash card for refill facebook credit (additional from only @Cash refill service)
Page 28
Dragon Nest Profile
•
Developed by Eyedentity Games, Inc., Korea
(Subsidiary of Shanda Interactive Entertainment
Limited, China)
•
The most successful game in China in 2010 wining
the Best Design and Best Technology and selected
as the Most Popular Online Game in China
•
The most successful new game in Thailand in 1Q12
•
The most successful game published by AS in 5
years
Page 29
CIB Update
•
Completion of all transaction on 8 May:
• Started consolidating CIB’s performance into Asiasoft Group
• One new game launched in 1Q12, Wang Dao online (MMORPG)
• Contributed 8% of CIB’s revenue
•
1Q12E Performance:
•
Revenue slightly goes down from MYR 7.2 to 7.0 mn (- 2.7%YoY)
•
Net profit (before minority) increases from MYR1.9 mn to MYR 2.1
mn (+10% YoY)
Page 30
AS vs. Asia Leading Gaming Firms
Company
Country
Stock Exchange Market Cap.
P/E
( USD Million)
As of 15 May 12
Tencent
China
SEKH
53,282
33.4
Shanda
China
1,300
13.0
Perfect World
China
NASDAQ
NASDAQ
601
4.0
The9
China
136
n/a
Gungho
Japan
NASDAQ
JASDAQ
221
10.7
Nexon
Korea
TYO
7,650
15.2
NCsoft
Korea
KRX
4,736
40.8
Wemade
Korea
KOSDAQ
834
33.3
Neowiz
Korea
KOSDAQ
576
8.6
Softworld
Taiwan
GTSM
296
55.0
Gamania
Taiwan
GTSM
166
50.8
Wayi
Taiwan
GTSM
48
16.3
Thailand
SET
168
17.0
AS
Source: Company’s research
Page 31
Next Steps
Page 32
Next Steps
•
Further reduce distribution cost
•
Expand new distribution channel and refill on demand
• Boonterm (Kiosk Refill Service)
• Tesco-Lotus
• K-Bank debit card
•
IP Bonus to home
• As trend moves towards home gamers, we will sell IP Bonus to gamers
through 3BB
•
Advertising Business
• Rich Media on Asiasoft and partners’ websites (~2Q12)
• Classify System: Customers buy ads on automatic system with their selfservices from the beginning to the end process (~3Q12)
•
TV Program about game on Gang Cartoon Channel
•
M&A
• Both domestic and overseas internet related business
Page 33
Diablo III Launching May 15
Exclusive distribution rights for BLIZZARD box sets in Malaysia,
Thailand, and Singapore
Diablo III has been launched all over the world on 15 May 2012
Page 34
Plan of Major Events in 2Q12 – 4Q12
Week 1 Apr 2012
@Cafe seminar
Apr 2012
May 2012
13-14 Oct 2012
Play park Fun Fest
16-19 Aug 2012
Asiasoft Battle
Jun 2012
Jul2012
Aug 2012
2nd wk of Jun–2nd wk of Jul
Asiasoft Game Fest
Sep 2012
Oct 2012
Nov 2012
Dec 2012
4th wk of Sep
2012
E-Sport
Page 35
2012 Updated Games Launch Plan
1Q12
(Launched)
2Q12
(On Plan)
3Q12
(On Plan)
4Q12
(On Plan)
Total New
Games in
2012
Existing
Games in
2011
Total
Games in
2012
ASC
2
2
10
2
16
19
35
Funbox
1
1
1
3
7
10
3
3
11
2
19
26
45
Singapore (ASO)*
1
1
2
7
9
Malaysia (ASM)*
1
1
2
3
5
3
2
1
7
1
2
1
4
1
5
1
1
3
0
3
Thailand
Company
Overseas
Thailand
Malaysia (CIB)
1
Indonesia (ASID)
22
Philippines (ASPH)
1
Overseas
2
4
7
5
12
14
26
5
5
17
6
27
32
59
1
2
1
4
6
10
6
7
18
30
33
63
Total**
Vietnam (CTCM)
(Sublicensee)
Grand Total**
* Based on a server location but gamers could log in from both countries
** Non-repeat game titles counting
6
Page 36
2012 Consolidated Portfolio
2012 New Game
2Q12 New Game
0%
Web
Game
25%
2012 Portfolio
0%
Web
Game
Casual 18%
0%
Casual
8%
Web
Game
10%
4%
0%
MMO
RPG
75%
FPS
22%
Note: Based on number of games with non-repeating game titles counted
MMOR
PG
56%
FPS
14%
MMOR
PG
68%
Page 37
Appendices
Page 38
Company at a Glance
Company Name:
Asiasoft Corporation Plc. (AS)
Authorized Capital: THB 316.00 mn
Foundation:
September, 2001
Paid-up Capital:
THB 315.91 mn
1st Day Trading:
29 May 2008
Par Value:
THB 1.00
Website:
www.asiasoft.net
Employee:
496 (ASC as of End Mar 12)
Network:
Thailand, Singapore,
Malaysia, Vietnam,
Indonesia, and Philippines
CEO:
Pramoth Sudjitporn
Ownership:
Individual
4%
Foreign
15%
Foreign
Institution
9%
Treasury
Stock
3%
0%
Manageme
nt
69%
Dividend Policy:
At least 30.0% of net profit
Business:
At the end of 1Q12, AS procures 36 online game titles
operating in 6 countries:
• Thailand
29 Titles
• Singapore
7 Titles
• Malaysia
3 Titles
• Vietnam
6 Titles
• Indonesia
1 Title
• Philippines
1 Title
Services:
MMORPG ● Casual Games ● FPS ●
Web Games ● Game Portal ● Music Online
Most of online games are free to play but users can purchase item in
game to enhance the game experience. Some particular MMORPG
will be charged by playing time.
Page 39
Group Structure and Business
Shareholder Structure:
Online Game Publisher
1. Founders
2. Asia Investment
Partners Limited
69.21%
9.50%
Free Float
Treasury Stock
18.04%
2.69%
Thailand
Paid-up capital THB 315.9 m
Asiasoft International
Co., Ltd. (ASI)
Paid-up THB 20 m
Investment Company
Investment Company
99.99%
Funbox Co., Ltd.
Paid-up THB 40.0 m
Online Game Publisher
Overseas
PlayPark Co., Ltd.
A Capital Co., Ltd.
Paid-up THB 112.0 m
100.00%
99.99%
99.99%
99.99%
Paid-up THB 5 .0m
Game Portal &
Entertainment Services on
30% Websites
40%
Thaiware Communication
Co., Ltd.
Paid-up THB 1.5 m
Website Services
100.00%
Cybergames
Corporation Co., Ltd.
Paid-up THB 1.0 m
Internet Gaming Services
79.90%
Asiasoft Online Pte.
Ltd. (ASO)
AS Online Sdn. Bhd.
(ASM)
PT. Asiasoft (ASID)
Paid-up SGD 2 .0 m
Paid-up RM 4.0 m
Paid-up USD 0.8 m
Online Game Operator
in Singapore
Online Game Operator
in Malaysia
Online Game Operator
in Indonesia
61.68%
CIB Development Sdn.
Bhd. (CIB)
Paid-up RM 1.0 m
Online Game Publisher in
Malaysia
Page 40
AS Roadmap
Year
Major Incidents
2001
•
•
Established the company
Established Asiasoft Online PTE. LTD. (ASO), a subsidiary in Singapore (100.00%)
2004
•
Being awarded ISO 9001:2000 Accreditation (Information Security)
2005
•
Sublicensed to CONG TY TNHH CHAU A MEM (CTCM) in Vietnam
2007
•
Established AS Online SDN BHD. (ASM), a subsidiary in Malaysia (100.00%)
2008
•
•
Listed on SET (First day traded: 29 May 2008, IPO Price = THB 12)
Acquired 99.99% in Funbox Co., Ltd. (TH)
2010
•
•
Being awarded ISO 27001:2005 Accreditation (Customer Satisfaction)
Being awarded ISO 9001:2008 Accreditation (Information Security)
2011
•
•
•
Set up PT. Asiasoft (ASID), a subsidiary in Indonesia (79.90%)
2Q11: Acquired 40% in Thaiware Communication Co., Ltd. (TH)
4Q11: Acquired 30% in Cybergames Corporation Co., Ltd. (TH)
2012
•
•
Set up a branch office in Philippines (ASPH)
Acquired 61.68% in CIB Development Sdn. Bhd. (CIB) in Malaysia
Page 41
Historical Investment
2001
2005
2007
2008
2011
2012
ASID
(Indonesia)
(79.90%)
ASO
(Singapore)
(100%)
Sublicensed
to CTCM
(Vietnam)
ASM
(Malaysia)
(100%)
Funbox
(Thailand)
(99.99%)
CIB
(Malaysia)
(61.68%)
Thaiware
(Thailand)
(40%)
ASPH
(Philippines)
(100%)
Cybergames
(Thailand)
(30%)
Page 42
Thank You