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| General Company Information |
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| Q： |
What is GigaMedia Limited? What are its primary businesses? |
| A： |
GigaMedia Limited ("GigaMedia" or the "Company") (Nasdaq: GIGM) is a major provider of online entertainment software and services, with headquarters in Taipei, Taiwan. We are a holding company and through several subsidiaries develop and license software for online gaming, as well as operate online games businesses including FunTown, a leading Asian online games operator and the world's largest online MahJong game site in terms of revenue, and T2CN, a leading online sports game operator in China and operator of FreeStyle, the most successful online sports game in China. We also operate a legacy broadband ISP business via our subsidiary Hoshin GigaMedia, which provides retail Internet access services via cable modem. GigaMedia's subsidiary Koos Broadband Telecom Co., Ltd provides broadband services to corporate subscribers in Taiwan.
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| Q： |
When and where was GigaMedia incorporated? |
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GigaMedia was incorporated in Taiwan in October 1998, and re-incorporated in Singapore in September 1999 enabling us to trade on Nasdaq (GIGM). |
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| Q： |
Who are the principal members of GigaMedia's management team? |
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Daniel Wu
Chairman
Arthur Wang
Chief Executive Officer
Thomas Hui
President and Chief Operating Officer
Robert Cahill
Head of Gaming and Service Business
Samuel Chou
Chief Executive Officer of FunTown
Joseph Shea
Executive Vice President and Chief Financial Officer of T2CN
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| Q： |
What is the Company's shareholding structure? |
| A： |
GigaMedia's largest strategic investor is the Koos Group - a large and influential Taiwan conglomerate - which owns approximately 20% of the total shares outstanding. The remaining shares are owned by management, individual and institutional investors. |
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| Q： |
How many employees does GigaMedia's have? |
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As of May 31, 2008, we had a total of 807 employees. |
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| Q： |
Who are GigaMedia's auditors? |
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GHP Horwath, P.C. and Paul Wan & Co. |
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| Corporate Strategy/ Business |
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| Q： |
What makes GigaMedia different from its competitors? |
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GigaMedia is an industry leader:
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Large, valuable audiences and leading monetization platforms (#4 poker site in the world – Everest Poker, #1 online sports game provider in China, #1 MahJong site in the world) |
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World-class people, strong technology |
GigaMedia provides full-range solutions:
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Unique value proposition: developer, publisher, and operator of online gaming software and online games |
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Online gaming software: online poker and casino; processed over $4.1 billion in real-money transactions |
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Asian online games: casual games, advanced casual games, MMORPGs; leading market positions |
GigaMedia is positioned for continued strong growth:
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Highly relevant social entertainment brand building massive scale |
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Expanding core businesses to new high-growth, high-margin vericals and new geographies |
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Strong pipeline of highly anticipated "AAA" titles |
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| Q： |
What are GigaMedia's different revenue streams? |
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GigaMedia's revenue streams include online casual game access fees and in-game sales, software sales, licensing and related services for online gaming, as well as corporate and consumer broadband access revenues. To download GigaMedia's quarterly earnings releases, see Earnings releases. |
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| Q： |
Who are GigaMedia's competitors? |
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The global online gaming industry is fragmented and competitive. Competitors include public companies such as Boss Media, Cryptologic, PartyGaming, and 888, as well as many private companies.
Our main competitors in the online games business are operators in Taiwan, Hong Kong, and China, including Shanda, Nineyou, Tencent, and Ourgames.com. |
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| Q： |
What is GigaMedia doing to grow the company? |
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In April 2004, the company began to develop an online entertainment growth platform, acquiring CESL, a privately held gaming software developer and application service provider. In January 2006, GigaMedia acquired FunTown, a leading Asian casual games portal and operator of the world's largest online MahJong site in terms of revenue. In December 2006 we entered into a strategic alliance with Infocomm Asia Holdings Pte Ltd, an operator and distributor of online games in Southeast Asia, and in July 2007, we acquired an interest in T2CN, one of China's leading online casual sports game operators. In December 2007 we also entered into strategic alliances with game development studios Neostorm Holdings Limited and XLGames Inc. Management believes that these strategic transactions have strengthened the Company's online entertainment product portfolio and distribution of leading online entertainment content. GigaMedia expects that the gaming software of CESL and the online games offered by FunTown and T2CN will provide the Company attractive platforms that can be used to provide a range of entertainment services and grow GigaMedia. |
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| Stock/ Trading Information |
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| Q： |
When was GigaMedia's initial public offering (IPO) completed? What was the offering price? |
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GigaMedia's IPO took place on February 17, 2000. The initial offering price was US$27 per share. |
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| Q： |
What exchange does GigaMedia stock trade on? What is GigaMedia's ticker symbol? |
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GigaMedia common shares are traded on Nasdaq under the ticker symbol GIGM. |
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| Q： |
How many GigaMedia shares are outstanding? |
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As of March 31, 2008, weighted average shares outstanding, basic and fully-diluted, were approximately 53.8 million and 60.4 million, respectively. |
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| Q： |
Do you issue preferred stock? |
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GigaMedia currently does not offer preferred shares. |
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| Q： |
How can I buy GigaMedia stock? |
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Since GigaMedia does not currently have a direct stock purchase plan, you can buy shares of GigaMedia common stock by contacting a brokerage firm. GigaMedia common stock is traded on the Nasdaq under the ticker symbol GIGM. |
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| Q： |
Will there be a stock dividend or stock split? |
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GigaMedia does not currently have plans for a stock dividend split or stock split. The board of directors will review this policy periodically and changes are subject to further announcement. |
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| Q： |
Does GigaMedia have a dividend reinvestment program (DRIP) or a direct stock purchase plan? |
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GigaMedia does not currently pay dividends on common stock nor have a direct stock purchase plan. Instead, we reinvest available cash in our operations. The board of directors will review this policy periodically and changes are subject to further announcement. |
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| Q： |
How do I obtain a copy of GigaMedia's annual report? |
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See Annual reports. |
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| Q： |
When does GigaMedia's fiscal year end? |
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GigaMedia's fiscal year ends on December 31. |
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| Q： |
Does GigaMedia issue quarterly reports? |
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GigaMedia does not issue printed quarterly reports. However, you can see a copy of our quarterly results under Earnings releases. |
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| Q： |
When is GigaMedia's annual meeting of shareholders? |
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GigaMedia's annual meeting of shareholders is normally held in June. |
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| Q： |
Where is GigaMedia's headquarters? |
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207 Tiding Boulevard – Section 2
Taipei 114, Taiwan (R.O.C.)
Phone: +886-2-2656-8016 |
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| Q： |
Do you have an investor inquiry email address for feedback or other questions? |
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See Contact us. |
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| Q： |
Whom should I contact for additional information about GigaMedia? |
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Please contact GigaMedia's Investor Relations Department
Bradley Miller
Director of Investor Relations
ir@corp.giga.net.tw
+886-2-2656-8016 |
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| Q： |
Whom should I contact with questions about my GigaMedia share account or to change my address? |
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If your shares are held through a brokerage account, please contact your broker. If your shares are registered in your name, please contact GigaMedia's transfer agent
The Bank of New York
Shareholder Relations
PO Box 11258
Church Street Station
New York NY 10286
Phone: 1 800 524 4458
www.stockbny.com/cslist.asp (Choose GigaMedia from company list) |
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