SINGAPORE (Jan 11): Media content producer mm2 Asia has appointed media veteran Chang Long Jong as its new group chief executive officer (CEO). Its current CEO, Melvin Ang Wee Chye, will continue at his post until Chang’s appointment takes effect on April 3.  

Chang will be leaving his current deputy director role in Mediacorp to oversee mm2’s business operations, especially in the production division, says mm2 in an aftermarket filing to the Singapore Exchange (SGX) on Tuesday.

In light of this news, DBS Group Research reiterates its “buy” call on the company’s stock with a target price of 56 cents.  

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