SINGAPORE (Jan 19): Timothy Mou, the manager of Chinese actress Fan Bing Bing, has acquired 10 million shares in mm2 Asia at 48.5 cents each, through a sale of vendor shares by mm2 Asia’s CEO and executive chairman Melvin Ang.

Mou is the co-founder of Fan Bingbing Studio, the CEO of Wuxi Ai-mei-shen Film & TV Cultural, and the CEO of a joint venture between Wuxi Ai-mei-shen and Zhejiang Talent Film & TV which produces the RMB 500 million ($104 million) drama series "Ying Tian Xia". Fan is the lead actress and executive producer of the drama.

According to Ang, Mou’s investment in mm2 Asia would aid the group in its business development in the North Asia market.

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