Asian Pacific (AAS)

Shares / Stock Code

AAS

Stock Exchange / Sharemarket

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Asian Pacific (AAS) is a holding Company that offers financial services. Its principal activities incorporate the development, research and promotion of stock market analysis and portfolio management software applications. AAS listed on the Australian Stock Exchange on January 10, 2001. Star Trader / Go Gecko is the Company’s software product that is basically a share price charting and technical analysis application containing a range of technical analysis variables. AAS manages a website “Onlinestockdata.com Pty Ltd” which provides daily data updates from Australian Stock Exchange and other global stock markets as well as the information about purchasing of marketing lists via Source List Services Pty Ltd. Asian Pacific conducts these activities through five divisions which include Share Market Trading and Educational Software Division, Stockbroking Division, Asian Pacific Group Division, Corporate Support Services Division and Compliance Services Division. During the fiscal 2007, the Company purchased 12 entities to create a financial services group.

Asian Pacific uses a medium risk business model, which inherits risk of a mainly non-recurring income model basically based on variable cost model. The Company’s software sales are structured on a one-time, direct fee method and contribute about 91% of the total group income. AAS generates its income via its website Onlinestockdata.com by providing online stock data services to its software users.

Asian Pacific History

Asian Pacific (AAS) was formerly known as Blue Chip Software Corp Pty Limited. It was renamed to Tomato Technology Limited upon attaining the public status in October 2000. In September 2000, it completed the acquisition of Micro Corporation. In July 2002, the company signed a joint venture agreement with Koukia for the development of insurance software. Koukia signed a joint venture agreement with IBM in October 2002. The company adopted its current name Asian Pacific Limited in May 2007.