Exhibit 10.63


                             SUBSCRIPTION AGREEMENT

                  SUBSCRIPTION AGREEMENT made as of this 23rd day of March, 2000
between MyWeb Inc.com,  a Nevada,  United States corporation with its registered
office at 595 Market  Street,  Suite 2500,  San  Francisco,  CA94105  U.S.  (the
"Company"),  and Asia Internet Assets Inc. (the "Subscriber") with its office at
No. 5, Shenton Way, #12-08, UIC Building, Singapore 068808.

                  WHEREAS,  the Company  desires to issue 250,000  shares of its
common stock,  (the "Common Stock") at a price of $10 per Share on the terms and
conditions  hereinafter set forth and Subscriber  desires to acquire that number
of shares of Common Stock set forth on the signature page hereof (the "Shares");

                  NOW,  THEREFORE,  for and in consideration of the premises and
the mutual  covenants  hereinafter set forth, the parties hereto do hereby agree
as follows:

                  I.      SUBSCRIPTION FOR SHARES AND REPRESENTATIONS AND
                          WARRANTIES BY SUBSCRIBER

                  Subscriber  hereby  represents  and warrants to the Company as
follows:

                          1.1    Subject to the terms and conditions hereinafter
set forth,  Subscriber  hereby  subscribes  for and agrees to purchase  from the
Company the Shares at a price  equal to $10 per Share and the Company  agrees to
sell the Shares to Subscriber  for said purchase  price subject to the Company's
right to sell to Subscriber  such lesser number of Shares as it may, in its sole
discretion,  deem necessary or desirable. The purchase price is payable, in U.S.
Dollars,  by certified  or bank check made  payable to the  Company,  or by wire
transfer to the  Company's  account at such bank as shall be  designated  by the
Company,  contemporaneously with the execution and delivery of this Subscription
Agreement.  In exchange  therefore,  the  Company  will  deliver  certificate(s)
registered in the name of Subscriber representing the shares purchased and which
shall bear the customary restrictive legend on transferability pursuant to Rules
502 and 506 of Regulation D promulgated  under the United States  Securities Act
of 1933, as amended (the "Act"). $1,250,000 of the total purchase price shall be
paid to the  designated  bank account by March 31, 2000 and the remaining sum of
$1,250,000 shall be paid within 30 days after the date of the first payment.

                          1.2   Subscriber  recognizes and acknowledges that the
purchase of the Shares  involves a high degree of risk in that (i) an investment
in the Company is highly  speculative and only investors who can afford the loss
of their  entire  investment  should  consider  investing in the Company and the
Shares;  (ii) he may not be able to liquidate his  investment;  and (iii) in the
event of a  disposition,  an  investor  could  sustain  the  loss of his  entire
investment.

<PAGE>


                          1.3   Subscriber represents  that he is an "accredited
investor" as such term is defined in Rule 501 of  Regulation D promulgated under
the Act, as indicated by his  responses  below,  and that he is able to bear the
economic risk of an investment in the Shares.

Accredited Investor Questionnaire:  Please check all of the following that apply
to you:

                          ____  (1) Any  natural  person  whose  individual  net
worth,  or joint net  worth  with  that  person's  spouse,  at  the  time of his
purchase exceeds $1,000,000;

                          ____  (2) Any  natural  person  who had an  individual
income in  excess  of  $200,000  in each of the two most  recent  years or joint
income  with that  person's  spouse in excess of $300,000 in each of those years
and has a  reasonable  expectation  of  reaching  the same  income  level in the
current year;

                          ____ (3) Any director,  executive officer,  or general
partner of the issuer of the securities  being offered or sold, or any director,
executive officer, or general partner of a general partner of that issuer;

                          ____ (4) Any  trust  with  total  assets  in excess of
$5,000,000,  not formed for the  specific  purpose of acquiring  the  securities
offered,  whose purchase is directed by a  sophisticated  person as described in
Rule 5076(b)(2)(ii);

                          ____ (5) Any private business  development  company as
defined in Section 202(a)(22) of the Investment Advisers Act of 1940;

                          ____  (6)  Any   organization   described  in  Section
501(c)(3) of the Internal  Revenue Code,  corporation,  Massachusetts or similar
business trust, or partnership, not formed for the specific purpose of acquiring
the securities offered, with total assets in excess of $5,000,000;

                          ____ (7) Any bank as defined in Section 3(a)(2) of the
Act or any  savings  and loan  association  or other  institution  as defined in
Section  3(a)(5)(A)  of the Act whether  acting in its  individual  or fiduciary
capacity;

                          ____ (8) Any  insurance  company as defined in Section
2(13) of the Act;

                          ____ (9) Any investment  company  registered under the
Investment Company Act of 1940 or a business  development  company as defined in
Section 2(a)(48) of that Act;

                          ____  (10)  Any  Small  Business   Investment  Company
licensed by the U.S. Small Business  Administration  under Section 301(c) or (d)
of the Small Business Investment Act of 1958;

                          ____ (11) Any plan  established  and  maintained  by a
state, its political  subdivisions,  or any agency or instrumentality of a state
or its political  subdivisions,  for the benefit of its employees,  if such plan
has total assets in excess of $5,000,000;

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<PAGE>

                          ____ (12) Any employee benefit plan within the meaning
of the  Employee  Retirement  Income  Security  Act of 1974,  if the  investment
decision is made by a plan  fiduciary,  as defined in Section 3(21) of such Act,
which is either a bank,  savings and loan  association,  insurance  company,  or
registered  investment adviser, if the employee benefit plan has total assets in
excess of $5,000,000, or if a self-directed plan, with investment decisions made
solely by person that are accredited investor; and

                          ____ (13) Any entity in which all of the equity owners
are accredited investors.

                          1.4   Subscriber   acknowledges   that  he  has  prior
investment experience,  including investment in non-listed securities, or he has
employed the services of an investment  advisor,  attorney or accountant to read
all of the  documents  furnished or made  available by the Company to him and to
all other  prospective  investors of shares of Common Stock being offered by the
Company  and to  evaluate  the  merits  and risks of such an  investment  on his
behalf, and that he recognizes the highly speculative nature of this investment.

                          1.5 Subscriber acknowledges that he has been furnished
by the  Company  during  the  course of this  transaction  with all  information
regarding  the  Company  which he had  requested  or desired  to know;  that all
documents  which could be reasonably  provided have been made  available for his
inspection  and  review;  that  he has  been  afforded  the  opportunity  to ask
questions  of and  receive  answers  from  duly  authorized  officers  or  other
representatives  of the  Company  concerning  the  terms and  conditions  of the
offering, and any additional information which he had requested.

                          1.6  Subscriber  acknowledges  that this  offering  of
Shares  has not been  reviewed  by the United  States  Securities  and  Exchange
Commission  ("SEC")  because  of the  Company's  representations  that  this  is
intended to be a  nonpublic  offering  pursuant to Sections  4(2) or 3(b) of the
Act. The Subscriber  represents  that the Shares are being purchased for his own
account, for investment and not for distribution or resale to others. Subscriber
acknowledges  that the Shares  have not been  registered  under the Act,  or any
state or foreign securities laws, and may not be offered, sold or transferred by
the Subscriber  unless registered under the Act and applicable state and foreign
securities  laws, or an exemption from  registration is available in the opinion
of Company counsel.

                          1.7  Subscriber  understands  that  the  Company  will
review  this   Subscription   Agreement  and  that  the  Company   reserves  the
unrestricted right to reject or limit any subscription and to close the offer at
any time.

                          1.8 Subscriber  hereby  represents that the address of
Subscriber  furnished  by him at the end of this  Subscription  Agreement is the
undersigned's  principal  residence  if he is an  individual  or  its  principal
business address if it is a corporation or other entity.

                          1.9 Subscriber  hereby  represents that, except as set
forth  in any  written  material  furnished  by the  Company  to  subscriber  in
connection with his proposed  investment,  no representations or warranties have
been made to  Subscriber  by the Company or any agent,  employee or affiliate of
the Company and in entering into this transaction,  Subscriber is not relying on
any information,  other than that contained in any such written material and the
results of independent investigation by Subscriber.

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<PAGE>


                  II.     REPRESENTATIONS BY THE COMPANY

                  The Company represents and warrants to Subscriber as follows:

                      (a)  The Company is a corporation duly organized, existing
and in good standing under the laws of the State of Nevada and has the corporate
power to conduct the business which it conducts and proposes to conduct.

                      (b)  The  execution,  delivery  and  performance  of  this
Subscription  Agreement  by the Company  has been duly  approved by the Board of
Directors of the Company and all other actions  required to authorize and effect
the offer and sale of the Shares has been duly taken and approved.

                      (c)  The Shares  have been duly and validly authorized and
when issued and paid for in accordance with the terms  hereof,  will be duly and
validly issued, fully paid and non-assessable.

                      (d)  The Company has obtained  all  licenses, permits  and
other governmental authorizations necessary to the conduct of its business; such
licenses,  permits and other  governmental  authorizations are in full force and
effect; and the Company is in all material respects complying therewith.

                      (e)  The Company knows of no pending  or  threatened legal
or  governmental  proceedings  to  which  the  Company  is a party  which  could
materially  adversely  affect the  business,  property,  financial  condition or
operations of the Company.

                      (f)  The Company  is not in violation of or default under,
nor will the  execution  and  delivery  of this  Subscription  Agreement  or the
issuance of the Shares, result in a violation of, or constitute a default under,
the certificate of incorporation or by-laws, in the performance or observance of
any material  obligations,  agreement,  covenant or  condition  contained in any
bond,  debenture,  note or other  evidence of  indebtedness  or in any  material
contract,  indenture,  mortgage,  loan agreement,  lease, joint venture or other
agreement or instrument to which the Company is a party or by which it or any of
its  properties  may be bound  or in  violation  of any  material  order,  rule,
regulation,  writ,  injunction,  or  decree  of  any  government,   governmental
instrumentality or court, domestic or foreign.

                       (g)  No commission or finder's fee will be payable by the
Company in connection with the sale of the Shares.

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<PAGE>

               III.   MISCELLANEOUS

                       3.1 Any  notice or other  communication  given  hereunder
shall be deemed  sufficient  if in writing and sent by  registered  or certified
mail,  return receipt  requested,  addressed to the Company,  at its address set
forth above, and to Subscriber at his address indicated on the last page of this
Subscription  Agreement.  Notices shall be deemed to have been given on the date
of mailing,  except notices of change of address,  which shall be deemed to have
been given when received.

                       3.2 This  Subscription  Agreement  shall not be  changed,
modified or amended except by a writing signed by the parties to be charged, and
this  Subscription  Agreement may not be  discharged  except by  performance  in
accordance with its terms or by a writing signed by the party to be charged.

                       3.3 This Subscription Agreement shall be binding upon and
inure to the benefit of the parties hereto and to their respective heirs,  legal
representatives,  successors and assigns. This Subscription Agreement sets forth
the entire  agreement  and  understanding  between the parties as to the subject
matter thereof and merges and supersedes all prior  discussions,  agreements and
understandings of any and every nature among them.

                       3.4  Notwithstanding  the place  where this  Subscription
Agreement may be executed by any of the parties  hereto,  the parties  expressly
agree that all the terms and provisions  hereof shall be construed in accordance
with and governed by the laws of the State of New York. The parties hereby agree
that any dispute  which may arise  between them arising out of or in  connection
with this Subscription  Agreement shall be adjudicated before a court located in
New York City and they hereby submit to the exclusive jurisdiction of the courts
of the State of New York located in New York, New York and of the federal courts
in the  Southern  District  of New York  with  respect  to any  action  or legal
proceeding  commenced by any party, and irrevocably waive any objection they now
or  hereafter  may have  respecting  the venue of any such action or  proceeding
brought  in  such  a  court  or  respecting  the  fact  that  such  court  is an
inconvenient forum, relating to or arising out of this Subscription Agreement or
any acts or  omissions  relating to the sale of the  securities  hereunder,  and
consent to the  service of process  in any such  action or legal  proceeding  by
means of registered or certified mail, return receipt requested,  in care of the
address set forth below or such other address as the  undersigned  shall furnish
in writing to the other.

                       3.5  This  Subscription  Agreement  may  be  executed  in
counterparts.  Upon the execution and delivery of this Subscription Agreement by
Subscriber,  this  Subscription  Agreement shall become a binding  obligation of
Subscriber  with  respect  to the  purchase  of the  Shares as herein  provided;
subject,  however, to the right hereby reserved to the Company to enter into the
same agreements with other subscribers and to add and/or to delete other persons
as subscribers.

                       3.6 The  holding of any  provision  of this  Subscription
Agreement to be invalid or  unenforceable  by a court of competent  jurisdiction
shall not affect any other provision of this Subscription Agreement, which shall
remain in full force and effect.

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<PAGE>


                       3.7 It is  agreed  that a  waiver  by  either  party of a
breach of any provision of this Subscription  Agreement shall not operate, or be
construed, as a waiver of any subsequent breach by that same party.

                       3.8 The  parties  agree to execute  and  deliver all such
further  documents,  agreements and  instruments and take such other and further
action as may be necessary or  appropriate  to carry out the purposes and intent
of this Subscription Agreement.

                  IN  WITNESS   WHEREOF,   the  parties   have   executed   this
Subscription Agreement as of the day and year first written above.


ASIA INTERNET ASSETS INC                                 /s/ Philip Ng
                                                      --------------------------
Name of Subscriber                                    Signature of Subscriber(s)
                                                      Philip Ng (Director)

Business Address of Subscriber(s)

No. 5, Shenton Way,
#12-08, UIC Building,
Singapore 068808


Number of Shares Subscribed For: 250,000 shares

                                                    Subscription Accepted:


                                                       /s/ T.S. Wong
                                                    ----------------------------
                                                    By:      T.S.Wong (Chairman)
                                                             MyWeb Inc.com


                                                    Date:  3/23/00
                                                         -----------------------

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