|Moderated By: gene martineau -- (Not Moderated) -- Started: 5/31/2000 6:26:00 PM Revision History|
Based in the revitalized entrepreneurial economy of Hong Kong, the Company's holdings and products encompass a range of ventures, including hi-tech, manufacturing, internet, entertainment, real estate, leisure, sports, retail and infrastructure projects.
The largest Hong Kong companies continue to position themselves strategically in China. Often the positioning is done through unknown subsidiaries and companies controlled not so much by the size of shareholdings but by blood and friendship ties. New World Development, the largest company in Hong Kong, is the largest minority shareholder in ASTV.
With the real possibility of China being admitted to the WTO, growth in China can only accelerate. From property development, entertainment, fast food franchising and wireless technology the opportunities are huge. The President, Mr. Stephen Chow, brings to ASTV a unique blend of Western business know-how and experience combined with old Chinese family connections, seldom seen in an entry-level public company.
Current projects include several Chinese real estate projects, a $2.3 Billion superport in Malaysia, majority ownership of Harmonic Hall (a CD-RW, DVD manufacturer) with $30M in projected sales, and a Singapore software developer. A NASDAQ listing is expected soon as well as rumored listings in Europe and/or Asia.
Investor Relations: 415-566-2503 or 800-488-7151 or visit
Hong KongOffice: Stephen Chow, President, Asian Star Development, Inc.
011-852-2721-0936 or e-mail mailto:email@example.com
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