| Business Summary | | Asian
Star
Development,
Inc.
conducts
real
estate
development
business
in
the
People's
Republic
of
China
(PRC).
Via
agreements
and
transactions,
the
Company
holds
rights
and
interests
in
projects
such
as
"Dragon
Villa,"
"Water
World,"
"Maple
City,"
and
the
Shilong
City
Hall.
The
Company's
business
strategy
is
to
complete
and
manage
its
current
projects
in
China,
while
seeking
purchasers
for
the
projects
in
their
current
stage
of
development.
Once
a
project
is
completed
and
fully
operational,
Asian
Star
Development
intends
to
sell
its
interests
in
and
to
that
project,
thereby
generating
funds
for
other
business
projects
selected
by
the
Company. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ASTV
is
aiming
to
develop
into
a
major
Asian
sports,
entertainment
and
recreation
and
property
development
Co.,
consisting
of
hotels,
sports
clubs,
amusement
parks,
real
estate
projects
and
convenience
stores.
For
the
three
months
ended
3/01,
revenues
fell
26%
$273
thousand.
Net
loss
totaled
$106
thousand
vs.
an
income
of
$242
thousand.
Results
reflect
a
drop
in
revenue
generated
from
the
cafeteria
business
and
the
absense
of
a
gain
on
the
disposal
of
its
investment
in
Shilong. | More
from
Market Guide: Significant
Developments |
| | |
| Position | Stephen Chow, 59 | Chairman,
Pres, and CEO | Sang Chan, 63 | Treasurer | Paul Lam, 58 | Sec. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|