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The role that Wong Ching, left, with executive director James Shing, can play is clear.新蒲崗迷你倉 Uncertainty clouds the future of Asia Television after the station was heavily penalized by the Communications Authority over management matters. Its woes have prompted some people to suggest that Ricky Wong Wai-kay - a telecoms tycoon who is among three players applying for free-to-air TV licenses - buy the station instead of continuing to wait for approval, as no one knows if and when the licenses will be granted. Since Wong was briefly chief executive at ATV, they believe he is in a good position to take over. In fact, Wong was asked before if he wanted to buy the station. Noting that major ATV investor Wong Ching has reportedly injected billions of dollars, Ricky Wong surmised that the asking price will not be low. Another major shareholder is Taiwanese tycoon Tsai Eng-meng, who has been sidelined by ATV management for years. Tsai would suffer a loss should ATV lose its license, but he is smini storageid to be unconcerned and not unhappy in the slightest that the station was fined. He has long been resigned to the fact that he will not be allowed to have a say in the station's operations, and was thus indifferent to its fate. And, of course, now that the situation has been made clear to Wong Ching, Tsai may become more involved in the station's management. But there are many problems to be resolved if Tsai is to take control - as a media owner in Taiwan, his status is just as sensitive. ATV's latest infraction was serious and the station's future is up in the air. The public consultation at the end of this year should provide some clues as to whether the station may have its license renewed. But the possibility of non-renewal is a risk that must be taken into account by anyone who contemplates buying the station. With this in mind, nobody should act rashly, no matter how keen they are to enter the free-to-air television business. Siu Sai-wo is chief editor of Sing Tao Daily self storage