by Jirapan Boonnoon
The Nation
July 21, 2009
Thai software and computer games developer CyberPlance Interactive is planning to list its stock on the Market for Alternative Investment, with an initial public offering this year. Moreover, the firm is planning to join with a business partner in England.
CyberPlanet president Chanindej Vanijwongse said the firm had been preparing for the stock listing for several years. He said about 90% of the company's revenue came from Europe and the United States, with the rest coming from the domestic market. For this reason, CyberPlanet is negotiating to set up a sole distributor in England as a marketing arm to expand its customer base in Europe.
The company has also announced the formation of what it calls Genius Planet Centre tutorial schools for primary-level students in Thailand. The schools will be run by a subsidiary company called Informix Plus.
Managing director Sasivimol Kerdphol said that in a first phase, the centres would offer tutorial courses in English called English Monster, enabling students to learn and study English via edutainment programmes and Nintendo DS as an instructional medium.
Informix Plus plans to launch 50-100 tutorial schools within the next few years and franchise the system after that.
CyberPlanet is expecting to develop brain training, science and mathematics courses next year and aims to create edutainment programmes for secondary-school studetns in 2011.
"I think the education sector offers high potential business," Sasivimol said. "The English programme will help develop children's learning and thinking and also analyse their skills."
Chanindej said CyberPlanet generated revenue of Bt85 million last year. In the first half of this year, the company made Bt 40 million, and it expects full-years revenue of Bt 100 million to Bt 120 million.
CyberPlanet president Chanindej Vanijwongse said the firm had been preparing for the stock listing for several years. He said about 90% of the company's revenue came from Europe and the United States, with the rest coming from the domestic market. For this reason, CyberPlanet is negotiating to set up a sole distributor in England as a marketing arm to expand its customer base in Europe.
The company has also announced the formation of what it calls Genius Planet Centre tutorial schools for primary-level students in Thailand. The schools will be run by a subsidiary company called Informix Plus.
Managing director Sasivimol Kerdphol said that in a first phase, the centres would offer tutorial courses in English called English Monster, enabling students to learn and study English via edutainment programmes and Nintendo DS as an instructional medium.
Informix Plus plans to launch 50-100 tutorial schools within the next few years and franchise the system after that.
CyberPlanet is expecting to develop brain training, science and mathematics courses next year and aims to create edutainment programmes for secondary-school studetns in 2011.
"I think the education sector offers high potential business," Sasivimol said. "The English programme will help develop children's learning and thinking and also analyse their skills."
Chanindej said CyberPlanet generated revenue of Bt85 million last year. In the first half of this year, the company made Bt 40 million, and it expects full-years revenue of Bt 100 million to Bt 120 million.